Circa might be a relatively new name in the online sports betting world, but it has old school values. CEO Stevens wants a return to the days when bookmakers knew their customers by name. That might not be practical in today’s betting world, but it tells us that Circa Sports wants to be accessible. Circa Sports bets can only be made while physically located in the state of Nevada. Must register in person to use the Circa Sports app. Must be 21 years or older with valid photo ID. Golden Gate Hotel & Casino and the D Las Vegas encourage you to gamble responsibly. Get familiar with the teams favored to win it all with Circa's odds for the 2021 National Championship (as of 2/22/21): To see our up-to-date odds & game spreads, visit the Circa Sports App, our Betting Resources Folder, or follow Circa Sports. Mobile Sports Betting in Colorado. Making betting legal in Colorado came with an important achievement – the state enabled mobile betting, allowing the stakeholders and sports fans to tap into the full potential of the industry. A long and hotly-debated topic, Colorado sports betting apps are definitely most residents’ preferred way of betting.
So much of sports betting comes down to numbers: there are numbers in the odds of who’s going to win, numbers in the stats that help drive victory or defeat, and numbers to help influence individual statistics. Numbers drive sports betting results. The more you know, the more likely you are to win.
Too often, however, we tend not to focus on the exact numbers behind sports betting statistics, and instead look at the bigger picture. That can be useful, but getting the skinny on the latest sports betting stats and trends can be tremendously helpful to your betting success.
We’ll take a look at some of the numbers behind sports betting stats to help you better understand them.
General Sports Betting Stats
- Sports betting accounts for 30-40% of global gambling revenue
- Over 45% of all sports bets are placed via mobile phone
- The US sports betting market has a market cap of between $60-73 billion
- Over 50% of US citizens have placed a bet on a sporting event at least once
- Only 18 of the 50 states having officially legalized sports betting
- In 2019, Nevada handled a total of $5.32 billion in sports bets
- eSports is fastest-growing sector of sports betting by volume
- The top sporting events to bet on in the US include football, basketball, and baseball
Which Sports are Most the Popular to Bet On?
Sports betting is possible on nearly every sport, but the top sporting events to bet on in the US include football, basketball, and baseball.
Not surprisingly, America’s favorite sport to put money down on is football. The best way to measure this is by the amount of money bet on a particular sport. This is referred to as the drop, and research by the UNLV Center for Gaming Research has tracked this amount since 1992. Football has been the most-bet-on sport since the UNLV Center started recording data. In fact, it’s been the most popular sport by at least $200,000 every year — some years, that number balloons to over $500,000.
The second most popular sport has been a close race between basketball and baseball. Despite the closeness, basketball has been in the lead in every year except 1998 and 1999. Those years were part of baseball’s golden age, when home runs were flying out of the park at record rates. Since 2009, however, basketball has begun to pull away, securing itself as the second most popular sport in the country. In 2019, for example, they closed the gap with football, clocking in at just $185,259 behind.
Why People Bet on Sports
Why bet on sports? Well, for one, it’s fun — it makes games more enjoyable, especially if you don’t have a particular rooting interest. Whether you bet $1, $100, or even more, having a stake in the game makes watching it more interesting and entertaining. Professional sports bettors aim for a win rate of 55% to keep betting sustainable and profitable. For the average bettor, a win rate of at least 52.4% is considered good as you are able to break even.
There has been research that shows that any kind of victory in gambling leads to the release of dopamine, a chemical in the brain that helps us feel good. These are some of the happy hormones, so in some ways, betting on sports is a way to increase our happiness. Of course, that happiness is increased only if you end up winning, which doesn’t always happen. But the possibility that you might win is exciting in itself — and it’s why people keep coming back.
Another fun perk of sports betting is that it is a communal activity. Many friends bet together, sometimes on opposing teams, which can be a fun rivalry. In person, watching with strangers who have the same betting interests can form fast friendships and create a sense of community. If you are sports betting in Vegas, the communal action just gets even better when the sportsbook energy is high and the technology is top-notch.
It’s also fun to test your knowledge. Many follow sports so closely and know a lot about it; betting on it puts that knowledge to task. How much do you really know? When you win, you get bragging rights. If you lose, it might be time to study up a bit more.
In all, it’s about increasing your happiness and having more fun.
Betting on Sports in Vegas
Now that you’ve got the basics down of how sports betting stats work, you’re ready to start wagering. Circa | Sports is the ultimate sportsbook in Las Vegas for sports betting. Stop by Golden Gate, the D, or soon at Circa Resort & Casino in Downtown Las Vegas to place your bets in person. Can’t make it into the sportsbook? Download the Circa | Sports app on iOS or Android to have your bookie right in your pocket and bet wherever you are in Vegas. Whether in person or on the app, join Circa | Sports for your premier place to bet on sports.
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If you’re a sports fan looking for ways to take watching your favorite teams to the next level, sports gambling might be your best bet. But it can be intimidating to know where to start, especially in a world of seasoned bettors. Luckily, we’re here to help you figure out the best sports to bet on with some simple and straightforward sports betting tips for beginners. It all boils down to having an understanding of sports betting basics and the sport itself and doing your research. Also, practice won’t necessarily make perfect, but it sure will make you better and more confident.
When it comes to sports betting for beginners, we’ll start with some sports betting vocabulary.
Sports Betting Basics
Favorite vs. Underdog
Anytime you’re betting on a game, one team will be favored to win. For instance, in the Team 2/Team 1 game below, Team 1 is the favorite and Team 2 is the underdog. The team with a negative number next to it is the favorite, while a positive number indicates the underdog.
Spread vs. Moneyline
In the example above, you’ll see two different ways to bet. The first way to bet is by betting on the point spread. In this instance, you are betting on whether or not Team 1 will win by more than 19.5 points. Simply put, if the final score is 35-14 in Team 1’s favor, giving them a 21 point win, then a wager placed on Team 1 would win. However, if the final score is 35-17 in Team 1’s favor, Team 1 would win the game, but a wager placed on Team 1 would lose since they only won the game by 18 points.
The other option is placing a bet on which team you think will win. This is called a moneyline bet. In the above example, since Team 1 is such a heavy favorite, you would have to bet $1,200 on Team 1 to win $100. Conversely, since Team 1 is a large underdog, a $100 bet on Team 1 would yield a $750 payday if Team 2 wins.
Over/Under
Another relatively simple bet offered on matches in most sports is the over/under bet. This is where you bet on how many total points (or goals or runs) are scored in the game. For instance, if Team A is playing Team B, the Over/Under might be set at 221.5.
If you bet the over, you would win as long as the total points scored by both teams combined was 222 or more. Inversely, the under would win if the total was 221 or fewer. This is an easy way to bet without having to worry about which team wins or loses. You can just root for a lot of points or for some strong defense if you take the under.
Best Sports to Bet On
When you’re first starting out on your sports betting journey, it’s best to pick a sport that is already familiar to you. No matter which sports you choose, the more practice you have the better you will understand the intricacies of sports betting. In our opinion, the best way to bet on sports is whichever way you feel comfortable and have fun. Practice and research are key, whether we’re talking about sports betting for beginners or for experts. Approaching a bet with an understanding of the sport’s rules, the teams, and players will help you contextualize how to bet. Some of the most common and popular sports to bet on are football, basketball, soccer, and baseball.
Circa Sports Betting Guides for Beginners
Circa Sports Betting Lines
Saying to choose your favorite sport and start from there is one thing, but then what? If you want a more in-depth look into how to bet on certain sports, check out our guides on sports betting tips:
Circa Sports Betting Lines
For each of these, sportsbooks typically offer bettors the ability to place moneyline bets, spread bets, over/unders, and more. So pick your favorite sport, join Circa | Sports, find a bet you like, and get started on your sports gambling journey today at Circa Resort, Golden Gate, or the D! Be sure to download the Circa | Sports app on iOS or Android to have your bookie right in your pocket and place your bet from anywhere in Nevada.