Most of the betting today is being done online, and the average size of the best is $50. This is quite large by any standards. This is because it is much easier to place a bet on an online site. The individual does not have to wait for a bookie to pick up the phone, and identify himself. He can simply go online, and place a wager. There is no one to ask him uncomfortable questions.
On an average, the March Madness fans spend around 1.5 hours every week on the net, seeking information about basketball games or placing bets. A Google search for words like bet, NCAA and basketball threw up as many as 342,000 different betting-related sites. Clearly, basketball betting has gone through the roof.
Most of these sites lure potential betters by promising inside information. The stakes are very high, and sometimes even teams agree to perform poorly because they have been offered a good amount to lose the match. This turns the fun sport into a spoiled sport.
