|With the Super Bowl season expected to kick off in two weeks, thousands of football fans are expected to bet on their favorite teams online. |
According to a recent national gambling study, Americans wager between $80 billion and $380 billion outside Las Vegas each year, with a growing chunk of that through online gambling sites. Gambling experts believe the next two weeks before the Super Bowl, would be a rush hour time for sports bettors.
University of North Carolina-Chapel Hill economics professor Koleman Strumpf, in a recent report on gambling says economics will over rule everything else. He says, ' When it comes to online sports betting -- demand wins in the end. When there's tremendous demand for activity, markets arrive to supply the demand,'.