Sports betting is legal in 38 states now, but these residents wager the most

In the following six years, sports betting quickly became one of the most popular forms of gambling. Now 38 states and Washington, DC allow for online or in-person betting.

Sports betting may look like putting a wager on a basketball game or betting money on a horse race. It’s the fastest-growing source of state tax revenueSince 2018, New Jersey reported the largest total pool of money wagered on sports bets – $51.6 billion in total. New Jersey outpaced Nevada (home to Las Vegas, a city notoriously linked with gambling) in total wagers back in 2021.