Posted on April 27th, 2010 at 5:30 AM by admin

It is a proven fact that Americans love sports betting more than any other gambling activity in the world, despite the fact that the activity is restricted in some states. Statistics that were gathered up based on a recent poll by ESPN prove that nearly half of the about 118m Americans from 16 years of age have wagered on sports in the past year. This also takes into account illegal wagering. 48 US states prohibit some form of gambling in their respective jurisdictions, with only two – Utah and Hawaii – where the activity is banned entirely.

Furthermore, their love for sports gambling has been evidenced by the fact that they spend an estimated $300 billion each year on legal and illegal sports betting – which is a wee-bit less than the US states defense budge and a little more than the gross national product of Switzerland. It has also been proven that online betting is becoming increasingly popular in Las Vegas and many online sports book are accepting huge amounts of wagers on major sporting events such as the Super Bowl, NCAA basketball and Football league.

Another event that is sure to see large amounts being wagered is the US Masters which will be organized in Augusta, Georgia. The fact that Tiger Woods will be competing in his first major after having left professional golf on account of the giant scandal over his infidelity, will only encourage golf fans to wager more on the event. Woods will begin the tournament as he hovers over 9/2 mark, and is gearing up to face stiff competition from South African Ernie Els.

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