AGA estimates Americans will legally wager $2.72B on March Madness

Americans are likely to bet about $2.72 billion on March Madness this year, according to the American Gaming Association.

This amount is expected to be twice the betting on the Super Bowl. The prediction is based on legal betting only.

In-game betting, where people bet while the game is happening, is becoming more popular. The AGA now focuses only on legal betting predictions, excluding illegal betting.