The Top 3 Most Bet On Events In 2021
In 2020, the sports world missed out on some of the best wagering events as games everywhere came to a halt due to the COVID-19 pandemic. However, 2021 is a brand new year.
At bestodds.com, we want to celebrate the world of wagering by highlighting the top three most bet on events for this year. So strap in, and let’s get started.
The Super Bowl
The Super Bowl is the biggest event within the US sports and sports betting industry. In this last year, during Super Bowl LV, estimates place total wagers at around $300 to $500 million.
It’s challenging to get an exact number as some states don’t release betting information, but anyone can see that’s a pretty big number.
With more and more states legalizing sports betting in the US and new safety precautions in place for the pandemic, we expect this next Super Bowl to be even more hectic.
For those who don’t know, the Super Bowl is the annual championship game of the National Football League (and by football, we mean American football). The NFL starts with the regular season to weed out the better teams. The teams with the best win-loss records move onto the playoffs ultimately, culminating in two teams facing off in the finals, known as the Super Bowl Championship Game.
Although we did get to see Super Bowl LV earlier this year, things are already gearing up for the next championship. So what can we expect as bettors?
Well, it looks like this year’s favorites remain the same as last year—the Kansas City Chiefs and the Tampa Bay Buccaneers. The Chiefs have a slight edge as their odds are placed at +475 (bet $100 to win $475), with the Bucs coming in close at +600 (bet $100 to win $600.)
So it looks like we’re going to see another face-off between QBs Patrick Mahomes and seven-time Super Bowl champion Tom Brady. Mahomes is young blood but a favorite throughout the league. Brady, on the other hand, has been to nine Super Bowls, of which he won seven.
Historically, the numbers favor Brady, but it looks like this year the tables may turn, and Mahomes will bring it home to Kansas.
We’ll be following along, so make sure to check in to see updates on odds, injuries, and more at bestodds.com!
Another US favorite is the NCAA Men’s Tournament—affectionately known as March Madness. The best thing about this tournament is how many games are played. With so many games, there are many opportunities to place different kinds of bets on a variety of teams and players.
In 2019, it was estimated that around $10.4 billion was bet from start to finish. Surprisingly, around 97% of these bets went to offshore bookies.
Unfortunately, we didn’t get to see any games in 2020 due to complications surrounding the pandemic, but we could keep up in 2021 as the Baylor Bears took the title.
One thing to keep in mind is that there have been some changes made to the bracket system and the locations of games due to COVID-19, but we can expect March Madness to be back again next year with full force.
During March Madness, we see 68 college basketball teams participating in a single-elimination tournament throughout seven rounds until we have our “Final Four.” Those four teams then compete for the national champion title.
So, we have this year’s champion, but who might take the title in 2022? Let’s find out.
Although Baylor came in first in 2021, it looks like the Gonzaga Bulldogs (2021 runner-ups) are the current 2022 favorites with odds of +600. The Michigan Wolverines are second with +800 leaving our current champions Baylor at the tied third-place spot of +1200 alongside Duke and Florida State.
We’ve got time before the next season begins, but if you haven’t checked out the 2021 season, it’s a great place to start! Getting a feel for where teams are in the season prior is an excellent strategy for those who wish to bet in the 2022 season of the NCAA Men’s Tournament.
The World Cup
The FIFA World Cup is a global favorite, with countries all over the world participating, betting, and watching the games. The last cup we saw was in Russia, 2018, when France took the title.
In total, there was over $160 billion betting turnover throughout the championship. Since it is a global tournament, this number is much higher than the Super Bowl or March Madness.
In terms of pandemic precautions, the World Cup did not have to make any changes as it only occurs every four years. With the last one taking place in 2018, the next cup is coming up in Qatar, in 2022.
Within the World Cup, there are two different stages—the group stage and then the knockout stage. During the group stage, teams compete within eight groups of four teams each.
They then play a round-robin style tournament where each team plays three matches against the other teams within their group. The top two teams from each group or 16 teams total then advance to the knockout stage which is a single-elimination round.
As teams get knocked out, the ones left partake in the quarter-finals, semi-finals, third-place match (for the losing semi-finalists), and of course the finals. Let’s dive into the odds and see who might take the cup in 2022.
Currently, Brazil holds the top spot with odds of +500. 2018 champions France holds the second-place spot at +600 followed by England at +800.
However, the 2022 World Cup does not take place until November—normally, the cup takes place in May, June, or July but due to the summer heat in Qatar, the cup has been moved to later in the year. So, we’ve got plenty of time for the odds to change and even more time to study the teams to see who will take the cup in 2022.