The NCAA Men’s Basketball Tournament
The NCAA Men’s Basketball Tournament is the single most extraordinary event of the year for sportsbooks, sports bettors, and many sports fans. The excitement begins from the first play-in game and never slows until the field of sixty-four teams whittles down to a lone champion. The estimates point to the annual amount wagered during March Madness to exceed $8 billion, slot online that’s more than double the sum of cash wagered on the Super Bowl in a given year. Unfortunately, the sportsbooks miss out on a vast majority of the action. Based on the projected volume of total betting during the NCAA basketball tournament, the sportsbooks see less than 10% of that money. That means the bookies are staying incredibly busy during the tournament. Still, gamblers are willing to lay vast volumes of money on the annual event.