With the NCAA men?s basketball tournament tipping off, AMERICAN GAMING ASSOCIATION estimates that people in America will wager up to $9.2 billion on MARCH MADNESS this year.
Some research released by AMERICAN GAMING ASSOCIATION states,
- 40 million people will fill the brackets
- The total average bet per bracket is $29
- $262 million of $9.2 billion is legal
Source: The Intelligencer