In the world of sports-betting, there has been a significant surge in consumer wagers. Compared to October last year, there has been a remarkable increase of 133.3% in the amount of bets placed. In fact, the monthly wagered amount has exceeded the previous record set in September this year by 20.4%, reaching a staggering $491.7m.
During the month, sports-betting enthusiasts wagered a total of $491.4m. This impressive sum consisted of $483.3m placed through online platforms and an additional $8.1m at brick-and-mortar betting locations.
Football betting remains the top choice for bettors, with a total of $171.2 million wagered in October.
According to recent data, sports betting in basketball accumulated a total of $63.3 million in bets, while college football recorded $52.0 million. Additionally, parlay betting reached a significant sum of $89.7 million.
