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March Madness betting trends

According to the American Gaming Association (AGA), Americans gamble over $10 billion on March Madness matches each year. Up until this season, roughly $9.7 billion of the money was bet illegally.
Considering that New Jersey and six other states have joined Nevada in launching legal sports betting ahead of their 2019 NCAA Tournament, that number is about to change appreciably.
Although, the AGA also estimates 10% of Americans age 21 and older, near 24 million people, bet nearly $3 billion on March Madness brackets through office pools and the like.
Office pool brackets are contrary to the law in most states. This type of NCAA March Madness gambling is ingrained in American culture the amounts are not very likely to change.
Forbes Magazine estimates the number of people that will put a minumum of one bet throughout the globe on the NCAA Championship might be over 100 million.
The road to March Madness
Before the path to March Madness starts college basketball teams normally play with a regular season of around 29 games.
A total of 68 teams are chosen by the NCAA to play or play with their way into the NCAA tournament.
The first 32 are automatic bids given to the teams that win their respective conference tournaments, held following the regular season.
Incidentally, you can bet on regular season and conference tournament games in NJ sportsbooks as well, provided the games do not take place in NJ or involve NJ-based schools.
The 36 teams are bids.
The at-large bids are usually awarded to top-ranked teams and others that had a great regular season but failed to win a conference championship.

Read more: oneshotfootball.com