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Online Gambling increasingly Popular during COVID

Online Gambling increasingly Popular during COVID

Gambling was illegal until the 1960s. Then lotteries and casinos started re-appearing. Governments used these gambling venues to raise money without having to raise taxes.

 

With the advent of online gambling, people do not have to leave home to enjoy these activities. Being forced to stay home so much put people in the position of finding something else to do. Online gambling is one of the ways people found to spend their extra time.

 

 

Most Popular Online Gambling – the Lottery

 

 

The ever-popular lottery has become even more favored since the pandemic struck. When they conducted a survey, they excluded those who only play the lottery. Yet, the lottery still came in as the most preferred online gambling with everyone else. Over 30% of those surveyed planned on playing a lottery game in the next thirty-day period.

 

 

Who’s on Second?

 

 

Ever popular among all age groups coming in second is Casino betting. On average, approximately 15% of players plan on playing a casino game in the next thirty days.

 

Here are the results of all online gambling games. Starting with the most popular with all age groups, they are:

 

  • Lottery games – 37%.
  • Casino – 21%.
  • Slots – 17%.
  • Casino Card games – 15%.
  • Lucky Draw – 14%.

 

 

Online Sports Games

 

 

Sports games come in so many forms that they each had to be ranked separately. Here is how sports betting broke down:

 

  • Bet on a sporting event, online – 14%.
  • Play fantasy sports games, online – 13%.
  • Bet on a sporting event, physical location – 11%.
  • Bet while at a sporting event – 11%.

 

March Madness and the Super Bowl had billions more money in wagers than last year.

 

They calculated people place over four billion dollars in bets on just the Super Bowl. It is believed to be the biggest betting event in U.S. sports. Over seven million people placed bets.

 

March Madness bets have tripled since 2019. Over forty-seven million people placed bets.

 

 

Online Gambling Slated to Continue in Popularity

 

 

Online gambling is expected to increase over the next several years. The global market for online 먹튀신고 is calculated to grow from $64.13 billion (2020) to $72.02 billion (2021). That is an increase of 12.3% in a year. The online gambling market is expected to top $112 billion by 2025.

 

 

How COVID affected Peoples Online Lives

 

 

Several people were forced to use technology differently after the lockdowns started. People felt disconnected from normal activities, friends, and family.

 

So, even the elderly learned to use video chat and other technology to get them through the rough patch. People found individually creative ways to get past the boredom.

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