Beijing Olympics Expected To See Record High Sports Betting in the US

This month, the world's best hockey players, bobsledders, curlers, figure skaters, skiers, and snowboarders will gather in Beijing to compete for gold medals at the 2022 Winter Olympics. US Sportsbooks are currently offering you more betting options on the 2022 Winter Olympics. You can place bets on skeleton, alpine skiing, Nordic combined, biathlon, bobsleigh, cross-country skiing, curling, freestyle skiing, luge, ski jumping, and speed skating at the Winter Olympics.

With the expanding availability of mobile sportsbooks, the general public has become more interested in sports betting. Sportsbooks could generate huge revenues with this new opportunity. The American Gambling Association estimates 20 million Americans placed a wager on one or more of the Tokyo Olympics events in 2021. This number is likely to rise significantly for this year's games due to the increased availability and awareness of online, and more specifically, mobile legal sports betting. Many believe the week without NFL games leading up to the Super Bowl will boost Olympic desktop and mobile betting. Olympic sports betting may be affected by competing issues. COVID, for example, continues to be an issue, even in the Olympic Village. As a result of mask-wearing and vaccination requirements, COVID cases among Beijing Olympic athletes are declining. The Winter Olympics have not historically been a big sports betting event. By contrast, this year's participation could mark a turning point for the events. The widespread legalization of sports betting means that the games should prove to be a fun bet for all sports betting enthusiasts.