Top 5 Most Popular Sports Betting Events in the World

Posted on the 06 July 2023 by Cdhpl

For millions around the globe, betting is as integral to the sports experience as the event itself. The thrill of predicting outcomes, the anticipation of a potential windfall, and the joy of supporting one's favorite team or athlete - it all adds an electrifying edge to the world of sports. This excitement is magnified during marquee events, with their unique blend of competition, spectacle, and vast array of betting opportunities. In this article, we'll delve into the top 5 most popular sports betting events worldwide, shedding light on what makes them so attractive to punters and spectators alike.

FIFA World Cup

At the pinnacle of football's global hierarchy sits the FIFA World Cup. Every four years, this tournament captivates billions across continents, with nations uniting in support of their teams. Alongside its mass appeal, the World Cup has become a bonanza for sports bettors. With a variety of betting markets available, including match outcomes, goalscorers, and even the number of yellow cards, the opportunities to stake a wager are virtually endless.

The 2018 World Cup reportedly saw an estimated $136 billion wagered worldwide, a testament to its immense popularity in the betting community. With a viewership that peaks into billions, football's most prestigious event offers a month-long carnival of betting action. The opportunity to analyze teams from different continents adds a fascinating layer to the wagering process, making it an event that truly stands apart in the sports betting calendar.

Super Bowl

Across the Atlantic, American Football's greatest spectacle, the Super Bowl, reigns supreme. The annual championship game of the National Football League (NFL) is not only a celebration of sport but also an event that moves markets, thanks to its incredible betting volumes.

Super Bowl Sunday transcends sports, becoming a cultural phenomenon, with a dazzling halftime show and millions of dollars spent on advertising. This immense popularity extends to the betting world, too, with an estimated $6.8 billion wagered on the 2020 edition. If you're looking to wager for the upcoming edition you can do that if you click here. What sets the Super Bowl apart are the unique prop bets - wagers on specific occurrences within the game, like the number of touchdowns or the length of the National Anthem - adding a quirky and exciting dimension to sports betting.

UEFA Champions League

In Europe, the UEFA Champions League represents the zenith of club football and serves as a massive draw for sports bettors. The allure of the tournament lies in its prestige and the caliber of the participating clubs. Featuring Europe's elite teams, the Champions League offers high-quality and high-stakes football, leading to considerable betting activity.

The group and knockout stages of the tournament, in particular, generate immense betting interest. Bettors can engage in a range of markets, from predicting outright winners to speculating on individual player performances. The unpredictable nature of the tournament, coupled with its international viewership, makes it one of the most popular sports gambling events in the world.

Olympic Games

The Olympic Games, with their global appeal and diverse array of sports, present unique betting opportunities. Every four years, the Games bring together athletes from various disciplines, from track and field to swimming and gymnastics. This variety caters to a wide range of betting interests and preferences.

National pride is a significant factor driving betting activity during the Olympics. Punters often back their country's athletes, making for a fascinating blend of sports gambling and patriotism. Moreover, the Games often introduce lesser-known sports to a broader audience, sparking curiosity and adding a novel dimension to sports betting.

NBA Finals

Basketball, as a sport, has a massive global following, and at the center of it all are the NBA Finals. This best-of-seven playoff series to determine the league champion is a betting event par excellence. The popularity of basketball, the star power of NBA players, and the high-stakes nature of the Finals series all contribute to its immense appeal among sports bettors.

Whether it's predicting the series winner, betting on individual game outcomes, or staking on player performances, the NBA Finals offer a multitude of wagering options. The event draws significant betting volumes, especially during crucial elimination games, emphasizing its standing among the top sports betting events globally.

Special Mention: Tour de France and Kentucky Derby

While our top 5 encapsulate some of the most popular sports betting events, it's worth acknowledging two more that captivate audiences and bettors worldwide - The Tour de France and The Kentucky Derby.

Tour de France

The world's premier cycling event, the Tour de France, attracts a broad global audience every July. Tracing its history back to 1903, the race traverses breathtaking landscapes as cyclists navigate challenging terrains, making it a favorite among sports enthusiasts and bettors alike.

The Tour de France offers an array of betting markets. Punters can bet on the overall winner - the wearer of the coveted Yellow Jersey - or stake their money on individual stage winners. Additionally, with team classifications and other awards like the Green Jersey (best sprinter) and Polka Dot Jersey (best climber) up for grabs, there are numerous ways to bet, making the race a dynamic and exciting event.

Kentucky Derby

Horse racing, often dubbed 'the sport of kings,' has a longstanding association with betting. And within this sport, the Kentucky Derby stands out. Known as "The Most Exciting Two Minutes in Sports," this race has a rich tradition, dating back to 1875, and holds immense cultural significance in the U.S.

The Kentucky Derby isn't just an iconic sporting event; it's also a prominent fixture in the betting calendar. Aside from the traditional 'win,' 'place,' and 'show' bets (1st, 2nd, and 3rd place respectively), the race provides opportunities for more exotic wagers. Bettors can aim for higher returns by predicting the top two (exacta), top three (trifecta), or even top four (superfecta) finishers in the correct order, adding a thrilling layer of complexity to the betting experience.

While these two events might not make the top 5 list, their historic significance, global viewership, and diverse wagering markets warrant them special mention in the world of sports betting. As with all the events discussed, it's essential to enjoy these sporting spectacles responsibly, appreciating the skill, endurance, and determination on display, as much as the potential betting returns.

Conclusion

The global sports calendar is peppered with events that ignite the passions of fans and bettors alike. From the FIFA World Cup to the NBA Finals, these popular sports betting events offer a thrilling mix of competitive action, vast betting markets, and an unbeatable atmosphere. As we celebrate the spirit of competition, let's also appreciate the added excitement that responsible betting brings to these events, enhancing our engagement with these magnificent sporting spectacles. Remember, while the thrill of the wager is alluring, it's the love of the game that brings us together. Enjoy the action, bet responsibly, and may the odds be ever in your favor!