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$511 Billion in Illegal Sports Betting, The Always Betting pod, and the Popularity of Parlays
Brian DeFranco
January 27, 2023
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This Week at a Glance
• One Stat
• One Podcast
• One Tweet
• One Bet
One Stat
These numbers provided by @astraffon show some of Illinois' sports betting statistics. With FanDuel and DraftKings, over 50% of every bet placed in Illinois is a parlay. The full numbers can be seen below.
In Illinois... ☕️
~6 of every 10 parlays played is at FD
~3 of every 10 parlays played is at DKNG
~1 of every 10 parlays played is at Others~7 of every 10 bets made at FD is a parlay
~5 of every 10 bets made at DKNG is a parlay
~3 of every 10 bets made at Others is a parlay— Alfonso Straffon 🇨🇷🇺🇸🇲🇽 (@astraffon)
11:57 AM • Jan 27, 2023
One Podcast
Always Betting Podcast
Always Betting is a podcast hosted by the boys over at Banfield Group, Pisky and Fulldog. The podcast is extremely entertaining and includes everything from sports betting info to Pisky's Las Vegas stories. The two are very educated in the sports betting space making this a must-listen.
One Tweet
This American Gaming Association tweet from back in November shows how big of a business sports betting really is. Even with the legalization in 30+ states, there is still an estimated $511 BILLION gambled illegally each year. With legal sports books continuing to limit or ban winning players, these numbers will continue to remain extremely high.
🚨 RELEASE: Americans gamble an estimated $511B illegally each year, robbing state governments of $13.3B in tax revenue annually and costing the legal gaming industry $44.2B in annual revenue, according to new AGA research.
Read our full report ➡️ bit.ly/3OPgg59
— American Gaming Association (@AmericanGaming)
1:24 PM • Nov 30, 2022
One Bet
@CameronJayCrai1 placed a $5 4-leg first TD scorer parlay to win $72K. Here's his reaction seeing it cash.
That feeling when you turn $5 into $72K 🤑
— Action Network (@ActionNetworkHQ)
1:51 AM • Jan 23, 2023
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