With the 2022 FIFA World Cup well underway, many people are tuning in to watch one of the world's most significant global sporting events. More eyes on the games mean more opportunities for betting to occur. Sports betting can enhance the viewing experience, but it's essential to maintain safe and responsible betting practices as the industry's legality continues to widen.
According to the American Gaming Association's (AGA) inaugural survey on World Cup wagering, 20.5 million American adults plan to bet $1.8 billion on the tournament. Now that more than half of American adults can legally place sports wagers in their home states, more Americans than ever before will wager on the World Cup.
The methods through which people place bets are also rapidly evolving and ever-changing. 9.8 million (48%) people plan to place their bets online, followed by 6 million (29%) who plan to place casual bets with friends, followed by another 4.7 million (23%) who use physical casino sportsbooks to place their bets.
"As the first World Cup with the widespread availability of legal sports betting, this will certainly be the most bet-upon soccer event ever in the U.S.," said AGA Senior Vice President Casey Clark. "With more than half of all American adults having access to legal betting options in their home market, legal sports betting will deepen American fan engagement in the most-watched sporting event in the world."
As legal sports betting continues to grow, there is an emphasis on responsible gaming education and a focus on betting safely. Pavilion Payments aims to utilize industry advancements to ensure the industry's health for businesses and patrons.
VIP Mobility™, the pioneer of true cashless gaming, allows for a better gaming experience while enabling a more responsible gaming version. Enhanced measures such as configurable spending limits, pre-set cooling-off periods, self-exclusion, and fraud detection are just some of the many ways in which VIP Mobility advances the fun and safety of gaming.
Click here to learn how Pavilion Payments’ commitment to responsible gaming is improving sports betting.