NCAA Basketball Tournament Betting At New Jersey Online Sportsbooks

March Madness Gambling trends

According to the American Gaming Association (AGA), Americans gamble more than $10 billion on March Madness games every year. Up until this year, roughly $9.7 billion of that money was bet illegally.
Considering that New Jersey and six other nations have joined Nevada in launch legal sports gambling ahead of the 2019 NCAA Tournament, that amount is about to change significantly.
Although, the AGA also estimates 10 percent of Americans age 21 and older, close to 24 million people, wager nearly $3 billion on March Madness brackets through office pools and so on.
Office pool mounts that are paid are against the law in most states. However, this type of NCAA March Madness is ingrained in American culture the amounts aren’t likely to change.
Taking it even further, Forbes Magazine estimates the percent of individuals that will put a minumum of one wager on the NCAA Championship across the globe might be more than 100 million.
The road to March Madness
College basketball teams play a season of around 29 games before the road to March Madness begins.
The NCAA selects A total of 68 teams to either play or play with their way.
The first 32 are automatic bids awarded 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 at NJ sportsbooks as well, provided the games do not occur in NJ or demand NJ-based schools.
The rest 36 teams are at-large forecasts.
The at-large bids are usually awarded to top-ranked teams and others that had an outstanding regular season but failed to win a conference championship.

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