Bookmaker Revenues - Thoughts?

[mickyr]

What would you estimate the average turnover (amount bet) per game to be for a college football and college basketball games (division 1 only)?

So including all online outlets, vegas and local bookies.

Id say $10 million for football, and $7 million for hoops.

Anyone disagree?

[jjgold]

No idea..impossible to gauge

Only book I know of Betfair you can see the $$$ in play

Murray Match yesterday did 60 million (approx) although Betfair blows every book out of the water so you cannot compare them to any

[Scorpion]

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[Scorpion]

What would you estimate the average turnover (amount bet) per game to be for a college football and college basketball games (division 1 only)?

So including all online outlets, vegas and local bookies.

Id say $10 million for football, and $7 million for hoops.

Anyone disagree?

i disagree, i would say
35% football
28% hoops
15% mlb
14% parlay cards
8% other sports, teaser cards,...

[mickyr]

No idea..impossible to gauge

Only book I know of Betfair you can see the $$$ in play

Murray Match yesterday did 60 million (approx) although Betfair blows every book out of the water so you cannot compare them to any

But its possible to approximate.

http://www.opposingviews.com/i/sports/nfl/gamblers-bet-nearly-94-million-super-bowl-xlvi-between-patriots-and-giants#

So we know 97 million was wagered on the superbowl in vegas. Vegas probably makes up 1-2% of total betting market. So we can say 5-10 billion is bet on the superbowl. How much in comparison is bet on an average college football game? 5%?

[mickyr]

i disagree, i would say
35% football
28% hoops
15% mlb
14% parlay cards
8% other sports, teaser cards,...

Just interested in college sports. So going off your numbers its probably:

40% football
35% hoops
25% parlay and others