33 Million Americans to Place Bets on 2020 NFL Season

A survey has revealed that as many as 33.2 million Americans are likely to bet on the National Football League this season. 

The 2020 NFL season is scheduled to kick-off on September 10, 2020.

According to the American Gaming Association survey, the number represents 13 percent of American adults of the nation. Of the projected 33.2 million expected bettors, the following figures were recorded in the survey:

  • · Around 20 percent (or 6.6 million) will place a bet at physical, legal sportsbook venues.
  • · Some 34 percent (or 11.3 million) will wager through online platforms.
  • · At least 18 percent (6 million) will place a bet with a bookie, either in person or through a mobile platform.
  • · Around 26 percent (8.6 million) will place casual bets through fantasy contests, pools, and squares.
  • · And, 50 percent (16.6 million) will bet casual with peers, family, or colleagues.

These numbers are great, given the economic effects due to the pandemic. Another wonderful thing about these figures is that these are encouraging, even though the fans aren’t as enthusiastic about this NFL season as they were during the previous years. 

NFL Fans Are Less Excited?

According to the national survey, around 42 percent of American adults are not too excited about the 2020 NFL season. The respondents cited increased political activity (36%), the lack of a live audience (29%), and the inability to enjoy the games with friends (17%) as the principal reasons for their reduced interest.

On the other hand, those who plan to bet on the NFL (54%) are more likely to express excitement for the current season than those who call themselves NFL fans (41%) and the general public (18%).

Besides, the survey asked bettor on who they would bet $50 on to win the 2021 Super Bowl. Unsurprisingly, as many as 13 percent said they would put their money on the Kansas City Chiefs.

The defending Super Bowl champions kicked-off the 2020 NFL season on Thursday, beating the Houston Texans 34-20.

NFL Sports Betting Revenue to be worth $2.3B

A 2018 study commissioned by the American Gaming Association projected that the NFL’s annual revenue could soar by $2.3 billion if sports betting would be regulated in the United States.

Since the Supreme Court revoked the Professional and Amateur Sports Protection Act in 2018, more states have been adopting legal sports betting. The number of states has been growing with each passing day.

According to the AGA report, seven jurisdictions have launched regulated sports betting since the start of the 2019 NFL season.

As of now, around 18 states besides Washington DC have legalized sports betting. Another seven states are contemplating the move, while 11 out of the 23 states that are home to NFL teams provide legal sports betting.

In 2020, another 29 million fans have access to legal sports betting in their states than the start of the last year’s season. It represents a 54 percent increase.

About the Survey

The survey was conducted by Morning Consult on behalf of the American Gaming Association. The company held a nation-wide survey of 2200 US residents from August 24 to 27, 2020. According to the company, the research has a margin of error of +/ – 2 percent.

The American Gaming Association represents the US gaming industry, including Commercial and Tribal casinos, gambling-related entities, and gaming suppliers. The organization represents a business industry worth over $200 billion, which employs roughly 1.8 million jobs across the country.