March Madness betting expected to surpass $3 billion

March Madness betting expected to surpass $3 billion

Wagering on NCAA men’s and women’s tournaments to more than double Super Bowl bets

March Madness remains the biggest betting event in the U.S., with the American Gaming Association (AGA) estimating $3.1 billion in wagers on the NCAA men’s and women’s tournaments. This marks a 15% year-over-year increase and more than double the Super Bowl’s $1.4 billion betting handle.

Women’s college basketball continues to grow in betting popularity, with BetMGM reporting a 35% increase in wagers. Following Caitlin Clark’s transition to the WNBA, new stars like JuJu Watkins (USC) and Paige Bueckers (UConn) are driving interest.

However, a 2024 NCAA study found that 73% of gambling-related harassment toward athletes occurs during March Madness, with women receiving 59% more abusive messages than men.

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