There’s no denying that figures in sports betting are staggering, to say the least. It’s a big international business worth anything between $700 billion and $1 trillion a year. Those figures can only go up from there.
As expected, every gaming community has different preferences when it comes to sports betting. Here are some of the most popular racing sports that Americans are betting on right now.
For as long as man has raced autos, fans have always paid to get in on some action, and the legendary Indy 500 is no exception. The racing series boasts 100+ years of history, sleek cars, and obsessive fans.
Cars on these tracks average speed of about 230 mph, which is slightly more than the action you could see in a typical Formula 1 race. However, only a handful of white-label operators offer Indy bets at the moment.
Nasca is the second favorite racing series in the US. It does not place all the emphasis on winners, but also on the top five or ten positions. And some sports betting sites have picked that up. Players can wager on the top three for five spots, which also means they have to settle for lower odds compared to those who predict the winner.
Being a Formula 1 fan as an American is quite hard as most races start at the crack of dawn. That explains why the series has such a terrible following in the country. Still, a bunch of speciality bettors insists on following and wagering on the F1 races.
In a recent move, Formula 1 is trying to woo Americans after being acquired by Liberty Media, a US-based company, for a sum of $8 billion. It seems like the new owners are on a mission to make races feel like the super bowl or something close.