2.1 Market Size
The online betting market has huge potential
Numbers of Players: ~17% population (or 1 Billion people)
Numbers of Events: 890,000+ sports events every year (or 2.438 matches/day)
Revenue (Margin): 80 Billions USD (2021), 92.9 Billions USD (2023 as estimated), 106 Billions USD (2025 as estimated)
CARG (Compound annual growth rate): 11.5%
High Profitability: Margin ~2.5% Total Wagers (football/soccer)
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