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Here's How Much Americans Are Expected to Legally Bet on 'March Madness' (www.investopedia.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 month ago

An estimated $3.1 billion will be legally bet on this month's "March Madness" men's and women's college basketball tournaments.

That's up from $2.72 billion last year, according to estimates from the American Gaming Association.

Sports betting is now legal in 38 states plus Washington, D.C., after a 2018 Supreme Court decision left the issue for states to decide.