March Madness Spurs Fervor

Published March 20, 2005 by OCR Editor

March Madness Spurs Fervor

Well it's that time of year again known as March Madness, it's the reason for all the action at the online casinos. March Madness is the term used to describe the excitement surrounding the Illinois state high school basketball tournaments and the excite

Check your favorite online casino to see if they are accepting bets on March Madness games. It's a long standing tradition that goes back almost a century in the US. Hundreds of Internet sports-betting sites are expected to rake in $1 billion to $1.3 billion in wagers during March Madness and your favorite gambling site might be part of the action.

Well it's here again, basketball fever is with us and it's in full swing. It's a condition called "March Madness," and it afflicts millions of people who follow basketball and enjoy online wagering. An estimated $3.5 billion to $4 billion will be bet around the world on the tournament, and almost a third of the bets will be made on the Internet. The bulk of the bets come in from the USA.

Stuart Doyle, waging director at BetWWTS.com said: "There's action all day. If you lose a game, you can always bet on the next," He expects the online casino to rake in $20 million in bets throughout the tournament. The online casino business is generating a lot of money around this basketball tournament.
March Madness today is different from the original version. Today eight teams will advance to the state finals. Included in the March Madness event is something called The Happening, a thrilling contest featuring the state's best three-point shooters and dunkers. Check your online casino to see if they are taking bets on this specific event as well.

The wagering frenzy marks the annual jackpot for the industry, which collected $15 billion to $20 billion in sports bets from Americans last year, gaming market researchers are saying. Kevin Smith, an analyst at River City Group, which supports online gambling, recently said: "The Internet has become a safe, anonymous replacement for the office pool."

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See also

Lotus Players Club Max March Madness

Big Bets for March Madness

Casino La Vida's March Madness Promotion

U.S. Sportsbooks Take A Hit As Coronavirus Spreads, March Madness Canceled

The Fine Line Between Sports and Gambling


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