Final Four Betting Passes Super Bowl
Betting on the NCAA Tournament has surpassed the Super Bowl in legal wagering totals. The first four days of the tournament alone approach the Super Bowl’s betting handle. USA Today’s findings emerge just days before Louisville, Kentucky, Ohio State and Kansas square off in the Final Four on Saturday. The championship game is Monday.
Now remember that’s all the on-the-level transactions in Nevada. Off-the-grid office pools and shady offshore outfits contribute to Americans illegally betting $2.5 billion on the NCAA Tournament each year, the FBI estimates.
In another indication of the tournament’s greater allure for gamblers, a survey found that 65 percent of office workers participate in a workplace March Madness pool, compared to 58 percent for the Super Bowl.