2022 FIFA World Cup | According to an AGA study betting on FIFA will exceed $1.8 billion in the United States

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2022 FIFA World Cup

According to a 2022 FIFA World Cup research issued on Tuesday by the American Gaming Association, 8% of American adults want to wager on the Qatar 2022 FIFA World Cup.

2022 FIFA World Cup

According to Morning Consult’s study of 2,213 respondents, these 20.5 million adults will put bets totaling more than $1.8 billion on this year’s 2022 FIFA World Cup. The worldwide athletic event kicks off on Sunday — for the first time in a Middle Eastern country — with the United States national team (USMNT) ready to make their first participation since 2014.

Read more : Best Sports Betting Apps for FIFA World Cup Props

While 78% of respondents responded that wagering legally was essential to them, the study represents a variety of possibilities, including betting through a bookie at the 2022 FIFA World Cup. “As the first World Cup with extensive legal sports betting availability, this will undoubtedly be the biggest bet-on soccer tournament ever in the United States,” AGA Senior Vice President Casey Clark said in a statement. “Legal sports betting will enhance American fan participation in the world’s most-watched sporting event, with more than half of all American adults having access to legal betting alternatives in their local market.”

For the first time, the 2022 FIFA World Cup has a national betting market in the United States.

Legal sports betting is now accessible to 132 million Americans in 32 jurisdictions, up from 10 million in three states in 2018 when the USMNT failed to qualify at the 2022 FIFA World Cup. Respondents seem to intend to wager with their emotions. If they were given $50, 24 percent of those polled said they would bet on the US to win the World Cup, followed by Brazil (19%), Argentina (17%), and Germany (10%).

That seems to be the case at OKBET, where the line on a US title has changed from +10000 to +8000 and the Americans are the OKBET sportsbook’s greatest liability, accounting for 11% of tickets sold.

The rising soccer prominence in the United States, as a result of both the local Major League Soccer and support for overseas clubs, is expected to enhance betting interest. Soccer and tennis are often regarded as the most popular betting markets worldwide.

The United States will host 11 2022 FIFA World Cup sites in 2026 as part of a joint effort with Canada and Mexico.

According to the AGA study:

  • 9.8 million people (48%) want to wager on World Cup odds online.
  • 6.0 million people (29%) want to make a casual bet with a buddy.
  • 4.7 million (23%) want to put a wager at a live casino sportsbook.
  • 4.1 million (20%) want to put a wager with a bookmaker.
  • 3.5 million people (17%) want to gamble as part of a paid pool or fantasy tournament.
  • 29% of American people who want to watch the World Cup intend to place bets.
  • Adults in Generation Z (11%) and Millennial (14%) are more interested in betting on the World Cup than those in Generation X (8%) and Baby Boomers (2%).

According to another poll commissioned by the BetterOff sports betting platform, half of Americans who identify as sports enthusiasts want to wager on the World Cup. According to a study of 1,500 “self-identified adult sports enthusiasts in jurisdictions where online sports betting is permitted,” 18% of respondents would be wagering on soccer for the first time.

Other survey results from BetterOff:

  • 68% want to gamble less than $200 during the World Cup.
  • 51% will place wagers on certain teams.
  • Only 13% will bet on USMNT matches.
  • Almost 27% intend to wager on every match.
  • Given the large variation in time zones for game start times, 79% stated they would gamble on games even if they cannot view them.