The second is that NBA betting numbers stayed constant during March. The first assumption was the January and February action was evenly split between NBA & CBB. Total Money Bet in Las Vegas Sportsbooks & Profit During March Madness I looked back at the Nevada Gaming Revenue Reports for the month of March.
So, I did the research based off of what I could figure out. On top of that, there are millions (if not billions) of dollars wagered with office pools and other bracket contests by people who normally don’t even know how to bet on NCAA basketball. But, you can’t forget the illegal wagering online, through bookies, and with friends. Not only do you have to track the legal wagering in Nevada, Delaware, Montana, and Oregon. It is nearly impossible to determine the total amount actually wagered on the NCAA Tournament.
