Wager Mage
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What is the most popular form of betting?

Lotteries account for a whopping 66% of all US gambling. This can be due to the number of states that legalized lotteries even in states with strict gambling laws as well as most states allowing players of age 18 and up to wager.

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Gambling has been prominent among humans for what feels like forever, the History of Gambling is a long and interesting one. Throughout history, one can find traces of gambling all over human kinds existence. Since then we have evolved drastically but gambling is still as popular as ever! So what are the most popular forms of gambling in the US?

The legality of Gambling In The US

Each state in the United States has its own set of rules regarding internet gambling laws. To further complicate matters, while some forms of real money internet gambling, such as sports betting, may be permitted by law in some states, they are not in others. You can legally gamble on sports in Colorado, but you can’t play online casino games. Most casino games are available online in New Jersey, including sports betting. You can’t bet online in Texas at all. New Jersey, Pennsylvania, West Virginia, and Michigan are the only four states that now allow sports betting as well as online casino games. While there are 27 states that allow online sports betting, Oregon requires that you utilize the lottery’s betting app.

(Reference: sportslens.com/us/gambling-sites/)

Most Popular Forms Of Gambling

Lottery

In a lottery, a random drawing is used to determine winners, making it a low-odds game. Lotteries account for a whopping 66% of all US gambling. This can be due to the number of states that legalized lotteries even in states with strict gambling laws as well as most states allowing players of age 18 and up to wager.

Raffle

One of the most popular forms is raffles, where participants buy tickets in the hopes of winning something. After the tickets have been sold, a drawing takes place to identify which ticket has the winning number. Everything from fruit baskets to automobiles are raffled off at these events. Raffles make for 41% of US Gambling. Raffles in most states are not considered gambling since the money is usually donated to charities.

Casino Games

Casino games come in a solid 3rd place even though casinos and online casinos are still highly restricted in many of the US states. Casino games can be anything from strictly luck-based games such as slots to skilled luck games like poker and blackjack which gives players options to try to increase the chances of winning. Casinos makeup for a click 37% of all US gambling. This is surprising considering the restrictions in many of the states but thanks to offshore casinos players can still legally wager online without fear of prosecution from the state. It is possible to play classic casino games such as blackjack, roulette and baccarat over the internet. You may also enjoy online gambling for real money. With hundreds of games to choose from and jackpots ranging in the thousands, the finest casino gambling websites provide everything a gambler could want. With some offering more than 200 different slot machines, many of which have progressive jackpots.

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Slots

Slots make part of casino games but when it comes to statistics slot machines make up for 32% of all US Gambling. Slot’s are massively popular among American punters online and land-based. Slots make up for some of the biggest winner’s to have been won in casinos as well as online. Slots are also among the types of gambling which are the most addictive which makes sense considering how easy to play and flashy these machines tend to be. Not to mention the history of very rare but massive wins!

Sports Gambling

Sports gambling has its seasons which makes sense to why it does not rank as high as other gambling forms available. That being said during the SuperBowl, betting rises up significantly. Sports gambling is also very popular among friends groups before watching the game to make things more interesting. Many though resort to sports betting as a source of side income, this is another article by itself. Sports betting is a risky financial side income and to be done successfully takes a lot of hours and research into the sport of choice, teams and even strategies. The idea is that sports betting is a game of probability which in essence is true. The problem with sports betting is that the factor of luck has a random probability and cannot be calculated.

Conclusion

Just like using tips to plan your day effectively, you should plan your wagering and gambling. Hopefully, with this article, you got a clear insight into the US and the most popular forms of gambling Americans love to take part in. Gambling can be a super fun way to relieve some stress or have a laugh with some friends over some beers and a hot sporting bout. OVerall gambling does not look to be slowing down any time soon.

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