Wisconsin sports fans love sports betting, and some states still have not legalized sports betting as of yet. Sports betting in 2023 is stronger than ever, and it is only going to get bigger as time goes on. There are reasons why the NFL doesn’t allow players to participate in the activity at NFL facilities; otherwise, it will lead to suspensions.
Between the months of January and July of 2023, America has wagered over $59 billion. This is a 176% increase from the entire 2020 and a 4% increase from 2021. Last year, Americans wagered $85 billion, so projections5 suggest that the 2023 wagering amount may surpass $100 billion. All of this research was done by NoDepositRewards.
The one state that they decided not to include in their rankings was Nevada because of all of the tourists that go to that state to gamble. As they say, whatever happens in Vegas stays in Vegas. The state has a handle of $1,766.44 per capita.
Wisconsin State Is Not Top 10 States in Sports Betting, and a couple of Mid West States Entered the Top 10, but the Northeast Is King
The state of Wisconsin is not in the top 10 list when it comes to sports betting. There are a couple of states near them that have entered the top 10. Indiana is ranked ninth, Iowa is ranked sixth, and Illinois is ranked fifth. According to the research done, Indiana was:
“In 2022 Indiana wagered over $4.4 billion. So far in 2023 there have been over $2.2 billion in wagers which shows that Indiana although hasn’t experienced the same growth as other states is maintaining a solid baseline for possible future growth.”
The handle per capita for the state of Indiana is $427,34,
The state of Iowa has a handle per capita of $486.95. It states about the state:
“Iowa in total has wagered over $6 billion since sports betting was made legal. $1.2 billion of that total has been in 2023. Iowa has one of the lowest populations in this list with around 2.4 million adults. That means between January and July this year each of the population could have wagered $486.95.”
The state of Illinois has a handle per capita of $457.99. The people who live in that state this year have wagered $ 5.4 billion, which is a 13.8% increase from January 2022 to July 2022.
The state of Maryland is ranked seventh in sports betting, and they have had a massive increase. There per capita is $480.98. It says about the state of Maryland:
“Maryland began sports betting in 2021. Between January and June 2022 residents wagered around $173 million. So far in 2023 over $2.3 billion has been wagered, that’s a 1,234% increase! With just over 4.8 million adults in Maryland that;s equal to $480.98 per capita.”
Before we get to who is in the final two on the list, let’s recap who is in the Top 10 from 10 to 3, and it doesn’t include the state of Wisconsin.
10. New Hampshire: $421.09 per capita
9. Indiana: $427.34 per capita
8. Kansas: $461.88 per capita
7. Maryland: $480.98 per capita
6. Iowa: $486.95 per capita
5. Illinois: $457.99 per capita
4. Colorado: $558.02 per capita
3. Arizona $559.06 per capita
Coming in at number two on this list is the State of New York, with a per capita of $644.93. It says about the state of New York according to the research done:
“It hasn’t taken long for New Yorkers to show their love of sports betting. With nine sportsbooks kicking off online betting in 2022. New York has seen the most money wagered in sports betting across all states, with over $10.1 billion already wagered in 2023 that’s a 23% increase from the entire of 2022! New York does have a much higher population so this equates to $644.93 per capita.”
Number one on this list is the State of New Jersey. This does not come as a surprise at all because New Jersey has been in the sports betting game from the get-go. Their handle per capita is set at $790.68. The research says about the State of New Jersey:
“Legal online sports betting began taking bets in August 2018, two months after the law was signed by Gov. Phil Murphy. Since then New Jersey has seen a huge increase in wagers. New Jersey so far in 2023 has wagered over $5.7 billion which is equal to $790.68 per person.”
Mason Jones from NoDepositRewards commented:
“Sports betting has been growing exponentially in America since its legalization in many states. In just 2 years wagers have gone from $21 billion in 2020, to 85 billion in 2022. So far in 2023 there has been a total of $59 billion, this is a 176% increase on 2020 figures and a 3% increase on the whole of 2021 and it’s only halfway through the year! Sports betting seems to only be growing in popularity and trends suggest it will only continue to grow, especially as more states legalize it. This increased revenue from gambling has shown positives for government as they have been to tax it (over $3 billion has been made in tax revenue since 2018) and utilize Americans’ love of betting to build and improve the nation at local and national levels. It’s important however to be aware of the risks of gambling and never gamble if you can’t afford to lose the money.”
With all of this research handy, it is a little bit surprising that the state of Pennsylvania did not make it on this list. Moving forward, the state of Wisconsin will need to step up its game, and sports betting is not going anywhere. New Jersey and New York will be the kings of the sports betting world for a while unless the states of California and Texas join the game because both of those states have big populations.