The total value of the global sports betting market is difficult to estimate because of the lack of consistency in how it is regulated in some parts of the world. Some estimates put the value of the sports betting industry at between 700 billion U.S. dollars and 1,000 billion U.S. dollars. Illegal sports betting alone could be worth 500 billion U.S. dollars according to some estimates.
According to http://www.betsports888.com, the exclusive bookmaker to multi-millionaire and billionaire clients which never turn down a bet no matter how large, sports betting makes up about 13 percent of the global gambling market, which also includes lotteries, casinos, gaming machines, bingo and other gaming. The gross win of the global gambling industry is estimated at more than 400 billion U.S. …