Five Betting Stats For March Madness
Everyone becomes a fan of basketball it seems when March rolls around, so if you are one of the ones that is a seasonal college basketball fan, check this out.
According to Wallethub, here are five stats on betting during March Madness.
- 10% of the U.S. population fills out a bracket for a pool.
- People around the world bet $12 billion on March Madness . . . including $2.5 billion illegally.
- It costs American businesses $1.9 billion in lost productivity.
- The odds of filling out a perfect bracket are one in 9.2 quintillion.
- It would be easier to win the Mega Millions twice in a row, with just one ticket each time, than to fill out a perfect bracket.