Ever since the repeal of the PASPA Act in 2018, sports betting has been spreading like wildfire in the U.S. In fact, 76% of all state have legal sports betting and more states trying to legalize it every year. And why not? Sports Betting is a great past-time that millions of people enjoy all over the world. With this in mind, What is the Average Sports Bet Size in a Sportsbook by Americans.
In the U.S., the majority of sports bettors are between 18-54 years old. However, the biggest within that age range are between 21-29 years old. For now, most sports bettors play in person but online sports betting is quickly catching up. However, for sportsbooks and bookies, the big question they are asking is What is the Average Sports Bet Size in a Sportsbook.
What is the Average Sports Bet Size in a Sportsbook
28% of sports bettors will wager $10 or less per bet while 26% of bets are between $10 to $25. Thus, it is safe to assume that most sports bets bet $25 or less. However, it does not mean that they only make small bets. It only means that most players will be under $25 and occasionally place larger bets. Of course, there is also a small percentage of people that always make large bets. Thus, interpret this sports betting data carefully.
The next bigger group are sports wagers between $25 to $50 which make up 17% of all bets. Afterwards, the most common bets are between $50 to $100 and $100 to $250 making up 9% of each bet. Last but least, sports bets over $250 make up 11% of all bets.
According to sports betting software reviews, the most versatile age group for bettors are the 25 to 34 age range. This is because they make up the largest betting group for all sports bet size. However, the 35-54 age group are the ones that are most likely to make wagers above $50.
| Bet Amount | Percentage |
| $10 or Less | 28% |
| $10 to $25 | 26% |
| $25 to $50 | 18% |
| $50 to $100 | 10% |
| $100 to $250 | 9% |
| Over $250 | 10% |
Why is Knowing the Average Sports Bet Size Important for Bookies
Being a good bookie is not just about knowing your players well and having a reliable pay per head sportsbook. A successful bookie also needs a good plan to properly manage and profit from his players.
This is why knowing the average bet size by players and their age range is critical to becoming a bookie. By knowing this information, they can not only make specific promotions, they can also calculate how much money they need to become a bookie. Thus, they can decide the type of player they want and the limits they want to set.
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