March Madness online betting participation in the U.S. 2019-2021

Published by Statista Research Department, Sep 7, 2023
The NCAA Division I Men's Basketball Tournament, also known as March Madness, is an annual knockout tournament between the best college basketball teams in the United States. While some fans enjoy just watching the games, others also choose to bet on them with the potential to earn money or goods. In 2021, it was predicted that 17.8 million U.S. adults would place online bets on March Madness, showing a significant growth when compared to the 2019 estimate of 5.8 million.

Estimated number of adults that intend to place an online bet on March Madness in the United States in 2019 and 2021 (in millions)

CharacteristicNumber of U.S. adults betting online in millions
2021 5.8
2019 17.8
Showing entries 1 to 2 (2 entries in total)
Created with Highcharts 7.2.2Number of U.S. adults betting online in millions17.817.85.85.820192021
02.557.51012.51517.520

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Release date

March 2021

Region

United States

Survey time period

March 3 to 5, 2021

Number of respondents

2,200 respondents

Age group

18 years and older

Special properties

bettors include those who expect to place a bet online, with a bookie, with a casino sportsbook, casually with a friend or participate in a bracket contest

Method of interview

Online survey

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