“March Madness is one of the best traditions in American sports - and America’s most wagered-on competition,” AGA president and CEO Bill Miller said in a news release. 56.3 million plan to participate in a bracket contest. 21.5 million plan to bet casually with friends. 31 million American adults plan to place a traditional sports wager online, at a retail sportsbook or with a bookie. The online survey, conducted March 1 to 3 among a national sample of 2,200 adults, produced the following projections: In all, 68 million American adults plan to wager $15.5 billion on the tournament, which will comprise 67 games over three weeks and feature Las Vegas as a regional host location for the first time. One of every four American adults will have money riding on March Madness in some form after one of every five had money on the Super Bowl. Make way for March Madness.Īccording to a new survey by the American Gaming Association, 18 million more Americans plan to bet on the NCAA men’s basketball tournament than on February’s NFL title game. According to a new survey by the American Gaming Association, 18 million more Americans plan to bet on the NCAA men’s basketball tournament than on February's Super Bowl.
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