It's no surprise that as we talk about sports the thought of being able to cash in on the multi-billion dollar industry comes up. Soccer, basketball and football are the top three sports people bet on and it's understandable why. The average team in the NFL is worth over two-billion dollars-between game day tickets, jerseys, and other gear, we can see why companies like Draft Kings have emerged.
When it comes to basketball and the NBA, we see the same kind of engagement. Michael Jordon, Lebron James, Stef Curry, and Kobe Bryant have all become household names and regardless of whether or not you're a fan of the NBA, you have more than likely heard of these players. The NBA also has a net worth of over two-billion dollars.
Major League Soccer on the other hand is not the most popular sport in the United States and can't compete with the NFL and NBA. MLS has an estimated net worth of only $500 million dollars and finds its popularity in predominately Hispanic cultures.
Sports betting results in over $150 million dollars annually and that's being conservative with estimating. When it comes to odds and which sport would be the most beneficial to place a wager on, there are several things to take into consideration. First, the statistics for teams and players are provided to the public. This allows anyone looking to place a bet to be informed about their decision, but doesn't always guarantee accuracy. Second, it needs to be remembered that gambling of any kind involves risk. When it comes to gambling, if you must place a wager, the NFL would be the way to go due to it's popularity and the amount of potential revenue involved because of it.
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