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BetWWTS.com Expects over $25 Million Bet on March Madness

By Daniel Michaels, May 20th 2005
(BetWWTS.com) ST. JOHN'S, Antigua, March 14 /PRNewswire/ -- The Men's NCAA tournament has become the biggest betting time of the year as the proliferation of wagering on the tournament and office pools becomes even more widespread. With the increasing popularity of "March Madness" and betting on the tournament, this year BetWWTS.com anticipates taking more than the $25 million in wagers the company received on last year's NCAA tournament.

Combined, all Las Vegas sports books are expected to receive over $80 million in bets on this year's NCAA tournament, so it is easy to predict that BetWWTS.com will handle more in wagers than any single sports book on the Las Vegas strip. "March Madness" has easily surpassed the Super Bowl as the biggest betting time of the year because the event consists of 64 games played within a three week period and BetWWTS.com will receive more bets on the NCAA tournament than any other sporting event for the year.

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