text: Legal Sports Betting Is Bigger than Ever -- But COVID Could Hurt Bets on the Big Game


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Legal Sports activities Betting Is Bigger than At any time — But COVID Could Hurt Bets on the Massive Sport

  • All round wagers could be down 37% this Sunday as opposed to very last 12 months
  • But on line bets for Sunday could increase by 63% from 2020
  • DraftKings inventory is up more than 300% in excess of the earlier 12 months, thanks to the rise in on the net betting

Sporting activities betting is a lot more popular, and legal, than at any time, and 1 of largest attracts for bettors every single calendar year is wagering on the Significant Game. But, like all the things else appropriate now, COVID-19 is acquiring an affect on football betting this year. 

In the online video beneath, we will get a closer seem at why wagers on Sunday’s sport will very likely be decreased than typical, and how on the web athletics betting — fueled by organizations like DraftKings (NASDAQ: DKNG) — are scratching an itch for those people seeking to put bets throughout socially distant times.

Chris Neiger has no position in any of the stocks stated. The Motley Idiot has no placement in any of the stocks mentioned. The Motley Fool has a disclosure plan.

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