March Madness is officially underway. On Sunday, the NCAA revealed the 68-team field for its men’s college basketball tournament, and recent polling from the American Gaming Association (AGA) indicates the betting traffic will likely be similar to the 2019 tournament. But the survey indicates people may bet differently this year.
The NCAA finished installation on a giant tournament bracket on the exterior of the JW Marriott hotel in Indianapolis, site of this year’s event. The American Gaming Association forecasts more than 47 million US adults to bet in some fashion on the sporting event. (Image: VisitIndy/Twitter)
Based on a survey conducted by Morning Consult, the AGA forecasts 47.4 million Americans to bet in some fashion on the tournament. That’s roughly the same number the association forecast two years ago when the NCAA last held the tournament. The COVID-19 pandemic wiped out last year’s event.