Gamblers in Indiana bet over $206 million on sports during July. That was small decrease from June’s $256 million handle.
Indiana sports betting is going through the motions of the yearly calendar. The summer slump is currently in full swing for gambling markets around the country.
Despite that, football is on its way to inject some life into the industry.
MLB boosts Indiana gambling
Baseball was the top dog of Indiana sports betting for the second-straight month.
Here’s a quick look at which sports Indiana’s $206 million July handle came from:
- Football: $2.8 million
- Basketball: $16.1 million
- Baseball: $76.1 million
- Parlay: $53.5 million
- Other: $56.8 million
Indiana baseball betting might be on the top podium spot for now, but that isn’t going to last heading into the fall months. August will likely be the sport’s final month on top this year.
Once the NFL season gets up and running, there’s nothing that can compete with it for the rest of the football calendar. Only Indiana’s love for basketball comes anywhere matching football’s numbers.
NFL preseason action is already underway, but there’s only so much taking place in August. Things will really heat up once the regular season begins in September.
Sports betting record this fall?
Football season always kicks off a hot streak of wagering in the US. Indiana is no exception to that.
Back in August of last year, Hoosiers only wagered $13 million on football. That exploded to over $148 million just a month later.
Indiana will have an identical sports betting jump this year.
That usually leads to record-breaking handles during the winter. Indiana’s current all-time high is January 2022’s $500 million haul.
Half a billion dollars wagered on sports in a single month is certainly nothing to sneeze at, and Indiana could be taking that even further in a handful of months.
NFL betting will be leading the charge, but baseball will stick around through October until the NBA steps in to fills the gaps. All of that adds up quickly to put Indiana in record-breaking territory.
In a nutshell, it’s all uphill from here. July’s $206 million handle could end up looking small compared to the rest of Indiana’s 2022 sports betting numbers.