Global Online Betting Markets
We have researched bookmakers and sports betting across the globe for you. We hope this would help you discover the best betting sites on the most popular sports in your country.
This article will focus on the betting market size and trends in several countries. We’ve research the legal status of sports betting in different countries, the sports that punters in those countries like to bet on, and which online bookmakers are preferred.
So, without further ado, let’s start with the fascinating stats and facts about sports betting.
Population - 40,786,351
Active Players - Unspecified
Currency - Afghan Afghani (AFN)
Market Size - Unspecified
Population - 2,842,321
Active Players - 340,000
Currency - Albanian lek (ALL)
Market Size - Unspecified
Population - 45,667,795
Active Players - 6,500,000
Currency - Algerian Dinar (DZD)
Market Size - Unspecified
Population - 77,538
Active Players - Unspecified
Currency - Euro (EUR)
Market Size - Unspecified
Population - 44,938,000
Active Players - 12,000,000
Currency - Argentine Peso (ARS)
Market Size - $415 Million
Population - 2,780,469
Active Players - 900,000
Currency - Armenian Dram (AMD)
Market Size - $6.664 Million
Population - 107,836
Active Players - Unspecified
Currency - Aruban Florin (AWG)
Market Size - Unspecified
Population - 25,821,000
Active Players - 6,800,000
Currency - Australian Dollar
Market Size - $9.7 Billion
Population - 8,935,000
Active Players - 2,300,000
Currency - Euro (EUR)
Market Size - $2.2 Billion
Population - 10,127,874
Active Players - 2,900,000
Currency - Manat (AZN)
Market Size - $2.4 Billion
Population - 385,637
Active Players - Unspecified
Currency - Bahamian Dollar (BSD)
Market Size - Unspecified
Population - 1,865,454
Active Players - 200,000
Currency - Bahraini Dinar (BHD)
Market Size - Unspecified
Population - 161,376,708
Active Players - 13,000,000
Currency - Taka (BDT)
Market Size - Unspecified
Population - 288,121
Active Players - Unspecified
Currency - Barbadian Dollar (BBD)
Market Size - Unspecified
Population - 11,696,623
Active Players - 1,500,000
Currency - Euro (EUR)
Market Size - €1.12 Billion
Population - 12,038,305
Active Players - 1,400,000
Currency - Bolivian Boliviano (BOB)
Market Size - Unspecified
Population - 3,224,466
Active Players - 650,000
Currency - Bosnian Mark (BAM)
Market Size - Unspecified
Population - 210,174,125
Active Players - 95,000,000
Currency - Brazilian Real (BRL)
Market Size - $2.4 Billion
Population - 447,385
Active Players - Unspecified
Currency - Brunei dollar (BND)
Market Size - Unspecified
Population - 6,781,953
Active Players - 900,000
Currency - Bulgarian lev (BGN)
Market Size - $ 442.4 Million
Population - 22,218,655
Active Players - Unspecified
Currency - West African Franc (CFA)
Market Size - Unspecified
Population - 12,671,474
Active Players - Unspecified
Currency - Burundi Franc (BIF)
Market Size - Unspecified
Population - 17,209,940
Active Players - 2,500,000
Currency - Cambodian Riels (KHR)
Market Size - $ 43.55 Million
Population - 26,545,864
Active Players - 6,000,000
Currency - Central African Franc (XAF)
Market Size - 1.1 billion
Population - 38,048,738
Active Players - 7,900,000
Currency - Canadian Dollar (CAD)
Market Size - $5.75 Billion
Population - 570,268
Active Players - Unspecified
Currency - Cape Verde Escudo (CVE)
Market Size - Unspecified
Population - 17,574,003
Active Players - 1,700,000
Currency - Chilean Peso (CLP)
Market Size - $850 Million
Population - 52,032,159
Active Players - 6,000,000
Currency - Colombian Peso (COP)
Market Size - $1 billion
Population - 28,197,607
Active Players - Unspecified
Currency - West African CFA franc (XOF)
Market Size - Unspecified
Population - 4,058,165
Active Players - 600,000
Currency - Kuna (HRK)
Market Size - $540 Million
Population - 11,193,470
Active Players - Unspecified
Currency - Cuban Peso (CUP)
Market Size - Unspecified
Population - 1,231,665
Active Players - 400,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 10,751,122
Active Players - 4,500,000
Currency - Czech Koruna (CZK)
Market Size - €316.6 million
Population - 5,843,347
Active Players - 500,000
Currency - Danish Kroner (DKK)
Market Size - $404 Million
Population - 11,087,634
Active Players -2,000,000
Currency - Dominican Peso (DOP)
Market Size - Unspecified
Population - 18,001,000
Active Players - 2,500,000
Currency - Ecuadorian Sucre (ECS)
Market Size - $45 million
Population - 101,576,517
Active Players - 13,000,000
Currency - Egyptian Pound (EGP)
Market Size - Unspecified
Population - 6,561,168
Active Players - Unspecified
Currency - Salvadoran Colon (SVC)
Market Size - Unspecified
Population - 1,328,498
Active Players - 620,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 117,876,227
Active Players - Unspecified
Currency - Birr (ETB)
Market Size - Unspecified
Population - 49,289
Active Players - Unspecified
Currency - Danish krone (DKK)
Market Size - Unspecified
Population - 5,536,146
Active Players - 1,653,900
Currency - Euro (EUR)
Market Size - $340 Million
Population - 67,413,000
Active Players - 3,400,000
Currency - Euro (EUR)
Market Size - $1.6 Billion
Population - 2,349,842
Active Players - 350,000
Currency - Central African CFA franc (XFA)
Market Size - Unspecified
Population - 2,560,745
Active Players - 300,000
Currency - Gambian Dalasi (GMD)
Market Size - Unspecified
Population - 3,716,858
Active Players - 600,000
Currency - Georgian Lari (GEL)
Market Size - $750 Million
Population - 83,190,556
Active Players - 6,700,000
Currency - Euro (EUR)
Market Size - $11 Billion
Population - 31,072,940
Active Players - 8,000,000
Currency - Cedi (GHS)
Market Size - $1.3 Billion
Population - 33,670
Active Players - 7,000
Currency - Gibraltar Pound (GIP)
Market Size - Unspecified
Population - 10,315,244
Active Players - 3,500,000
Currency - Euro (EUR)
Market Size - €8 Billion
Population - 18,675,939
Active Players - 2,500,000
Currency - Guatemalan Quetzal (GTQ)
Market Size - Unspecified
Population - 10,265,585
Active Players - Unspecified
Currency - Honduran Lempira (HNL)
Market Size - Unspecified
Population - 7,500,700
Active Players - 975,000
Currency - Hong Kong Dollar (HKD)
Market Size - $6 Billion
Population - 9,608,333
Active Players - 3,700,000
Currency - Hungarian Forint (HUF)
Market Size - Unspecified
Population - 376,248
Active Players - 250,000
Currency - Icelandic Krona (ISK)
Market Size - $364,1 Million
Population - 1,380,000,000
Active Players - 140,000,000
Currency - Indian Rupee (INR)
Market Size - $60 Billion
Population - 6,570,000
Active Players - 1,730,000
Currency - Euro (EUR)
Market Size - $5.12 Billion
Population - 60,273,280
Active Players - 15,100,000
Currency - Italian lira (ITL)
Market Size - €1.44 Billion
Population - 2,988,550
Active Players - 450,000
Currency - Jamaican Dollar (JMD)
Market Size - Unspecified
Population - 10,483,313
Active Players - Unspecified
Currency - Jordanian dinar (JOD)
Market Size - Unspecified
Population - 54,985,000
Active Players - 11,000,000
Currency - Kenyan Shilling (KES)
Market Size - $50 Million
Population - 1,870,981
Active Players - 300,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 4,268,873
Active Players - 500,000
Currency - Kuwaiti Dinar (KWD)
Market Size - Unspecified
Population - 7,524,690
Active Players - 950,000
Currency - Lao kip (LAK)
Market Size - Unspecified
Population - 6,760,719
Active Players - 900,000
Currency - Lebanese Pound (LBP)
Market Size - Unspecified
Population - 2,305,825
Active Players - 280,000
Currency - Lesotho Loti (LSL)
Market Size - Unspecified
Population - 5,309,937
Active Players - 900,000
Currency - Liberian Dollar (LRD)
Market Size - Unspecified
Population - 38,369
Active Players - 5,500
Currency - Swiss franc (CHF)
Market Size - Unspecified
Population - 2,830,097
Active Players - 849,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 645,397
Active Players - 295,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 2,083,193
Active Players - 1,000,000
Currency - Macedonian Denar (MKD)
Market Size - Unspecified
Population - 20,178,943
Active Players - 2,500,000
Currency - Malawian Kwacha (MWK)
Market Size - Unspecified
Population - 32,730,000
Active Players - 5,800,000
Currency - Malaysian Ringgit (MYR)
Market Size - $2.2 Billion
Population - 566,840
Active Players - Unspecified
Currency - Maldivian Rufiyaa (MVR)
Market Size - Unspecified
Population - 444,793
Active Players - 223,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 4,930,121
Active Players - Unspecified
Currency - Mauritanian Ouguiya (MRU)
Market Size - Unspecified
Population - 1,276,244
Active Players - 190,000
Currency - Mauritian Rupee (MUR)
Market Size - Unspecified
Population - 131,803,298
Active Players - 15,000,000
Currency - Mexican Peso (MXN)
Market Size - $ 8.345 Million
Population - 39,831
Active Players - 7,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 3,390,171
Active Players - Unspecified
Currency - Mongolian Tughrik (MNT)
Market Size - Unspecified
Population - 628,235
Active Players - Unspecified
Currency - Euro (EUR)
Market Size - Unspecified
Population - 37,837,668
Active Players - 9,000,000
Currency - Moroccan Dirham (MAD)
Market Size - Unspecified
Population - 55,183,655
Active Players - 7,000,000
Currency - Myanmar Kyat (MMK)
Market Size - Unspecified
Population - 2,567,432
Active Players - 450,000
Currency - Namibian dollar (NAD)
Market Size - $76.6 Million
Population - 30,247,415
Active Players - 3,500,000
Currency - Nepalese rupee (NPR)
Market Size - $2.5 Billion
Population - 5,124,000
Active Players - 1,200,000
Currency - New Zealand Dollar (NZD)
Market Size - $1.8 Billion
Population - 216,981,589
Active Players - 60,100,000
Currency - Nigerian Naira (NGN)
Market Size - $2 Billion
Population - 5,511,064
Active Players -1,636,000
Currency - Norwegian Krone (NOK)
Market Size - $12.8 Billion
Population - 4,576,298
Active Players - 650,000
Currency - Omani rial (OMR)
Market Size - Unspecified
Population - 229,993,928
Active Players - 18,000,000
Currency - Pakistani Rupee (PKR)
Market Size - $27.07 Million
Population - 4,922,749
Active Players - Unspecified
Currency - Palestine pound
Market Size - Unspecified
Population - 4,408,581
Active Players - 600,000
Currency - Panamanian Balboa (PAB)
Market Size - $104.7 Million
Population - 9,314,102
Active Players - Unspecified
Currency - Papua New Guinean Kina (PGK)
Market Size - Unspecified
Population - 7,318,442
Active Players - 600,000
Currency - Paraguayan guaraní (PYG)
Market Size - Unspecified
Population - 33,718,464
Active Players - 4,000,000
Currency - Sol (PEN)
Market Size - $3.5 Billions
Population - 37,758,702
Active Players - 18,300,000
Currency - Polish Złoty (PLN)
Market Size - Unspecified
Population - 10,270,865
Active Players - 2,059,011
Currency - Euro (EUR)
Market Size - €113.2 Million
Population - 10,270,865
Active Players - 420,000
Currency - U.S. dollar (USD)
Market Size - Unspecified
Population - 2,984,292
Active Players - 400,000
Currency - Qatari riyal (QAR)
Market Size - Unspecified
Population - 868,846
Active Players - Unspecified
Currency - Euro (EUR)
Market Size - Unspecified
Population - 19,659,267
Active Players - 7,360,000
Currency - Romanian leu (RON)
Market Size - Unspecified
Population - 13,776,698
Active Players - 1,500,000
Currency - Rwandan franc (RWF)
Market Size - $10.5 Million
Population - 35,964,346
Active Players - 5,000,000
Currency - Saudi Riyal (SAR)
Market Size - $17.43 Million
Population - 5,463,300
Active Players - Unspecified
Currency - The Pound Sterling (GBP)
Market Size - Unspecified
Population - 17,680,271
Active Players - Unspecified
Currency - CFA franc (XOF)
Market Size - Unspecified
Population - 8,662,746
Active Players - 1,000,000
Currency - Serbian Dinar (RSD)
Market Size - €785 Million
Population - 99,687
Active Players - 14,000
Currency - Seychellois rupee (SCR)
Market Size - Unspecified
Population - 5,465,244
Active Players - 800,000
Currency - Euro (EUR)
Market Size - Unspecified
Population - 2,119,844
Active Players - 1,477,659
Currency - Euro (EUR)
Market Size - $127 Million
Population - 59,622,350
Active Players - 15,000,000
Currency - South African Rand (ZAR)
Market Size - $500 Million
Population - 51,362,771
Active Players - 6,500,000
Currency - South Korean Won (KRW)
Market Size - $8.2 Billion
Population - 46,793,139
Active Players - 2,500,000
Currency - Euro (EUR)
Market Size - €850.7 Million
Population - 599,061
Active Players - 75,000
Currency - Surinamese dollar (SRD)
Market Size - Unspecified
Population - 1,187,718
Active Players - Unspecified
Currency - Swaziland Lilangeni (SZL)
Market Size - Unspecified
Population - 10,232,866
Active Players - 1,200,000
Currency - Swedish Krona (SEK)
Market Size - $780 Million
Population - 8,570,000
Active Players - 2,300,000
Currency - Swiss Franc (CHF)
Market Size - $1 Billion
Population - 61,193,226
Active Players - 19,900,000
Currency - Tanzanian Shilling (TSH)
Market Size - Unspecified
Population - 70,171,023
Active Players - 9,900,000
Currency - Thai baht (THB)
Market Size - $130.5 Million
Population - 1,409,10
Active Players - 180,000
Currency - Trinidad and Tobago dollar (TTD)
Market Size - $73.6 Million
Population - 12,080,677
Active Players - 1,500,000
Currency - Tunisian Dinar (TND)
Market Size - Unspecified
Population - 48,806,583
Active Players - 25,990,000
Currency - Ugandan shilling (UGX)
Market Size - Unspecified
Population - 43,177,428
Active Players - 6,500,000
Currency - Ukrainian hryvnia (UAH)
Market Size - $123.6 Million
Population - 10,220,997
Active Players - 1,000,000
Currency - Emirati Dirham (AED)
Market Size - Unspecified
Population - 67,886,004
Active Players - 21,000,000
Currency - Pound Sterling (GBP)
Market Size - $5.5 Billion
Population - 3,499,268
Active Players - 500,000
Currency - Uruguayan peso (UYU)
Market Size - Unspecified
Population - 28,301,696
Active Players - 3,600,000
Currency - Venezuelan bolivar (VES)
Market Size - Unspecified
Population - 99,760,971
Active Players - Unspecified
Currency - Dong (VND)
Market Size - Unspecified
Population - 19,476,535
Active Players - 2,800,000
Currency - Zambian kwacha (ZMW)
Market Size - Unspecified
Population - 15,322,032
Active Players - 2,000,000
Currency - Zimbabwean dollar (ZWL)
Market Size - Unspecified
Sports betting worldwide – eye-opening sports betting facts and stats
There’s no doubt that the popularity of sports betting has exploded since it became available over the internet. As the demand grows, so does the number of online bookmakers. These internet sportsbooks accept punters from almost everywhere.
According to Statista, the online sports betting market worldwide is worth a staggering $203 billion USD. There are also over 30,000 sports betting businesses currently operating. Those businesses are responsible for providing nearly 200,000 people with jobs.
While online betting has increased during the Covid-19 pandemic, many experts predicted steady market growth long before it hit.
Sports betting is a huge business that continues to grow exponentially. It is believed that it currently accounts for between 30% and 40% of the total gambling market.
However, accurately assessing the global sports betting market is a near-impossible task due to inconsistencies in gambling laws in different regions as well as the thriving black and grey markets.
8 Impressive Facts about Sports Betting
- 85% of adults have bet on sports at some point.
- In the United Kingdom, twice the normal number of wagers are placed on Christmas Eve.
- Live betting accounts for 80% of Bet365’s betting revenue.
- Betting on the point spread was introduced by bookie Charles McNeil in the early 1940s.
- Cricket is the most popular sport to wager on in Asia.
- Sports betting is the most popular form of gambling among those between the ages of 14 and 22
- The Asian Pacific region was the biggest sports betting market – in 2019, it accounted for 47% of all sports wagers placed. And in 2020, around 33% of the entire gambling gross win comes from Asia
- 45% of all sports bets are made using mobile phones
10 Most Popular Sports to Bet on
*$ Estimated by year
Conclusion and Takeaways
It’s easy to bet on any of these sports as they are staples at almost all online betting sites.
One of the most interesting things about betting on different sports is the variety of unique wagers that each sport offers. Sure, all of the above-mentioned sports allow you to simply bet on which team will win, but these sports offer bet types that you won’t find for other sports. This allows punters to hone in on certain bet types.
It’s also interesting to note that a lot of sports bets don’t require any knowledge of the game.
