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| March 19 - With the NCAA college basketball championships set to launch later today, seedings were released this week for fans to view, resulting in frenzied gambling action at hundreds of betting sites and online casinos on the internet.
As Americans scramble to pick the winning brackets in this annual tournament that attracts a record number of spectators, it is believed that almost no US citizen is immune to the activities. Statistics show that a mind boggling 40 million Americans will be placing some kind of bet on the NCAA college basketball tournament, whether through casual workplace pools or at online gambling sites.
Naturally, the advantage of wagering at online gambling sites is that players are given helpful data to assist them in making an educated guess instead of picking random teams.
Even those US citizens who have no inclination for gambling whatsoever, have been caught up in the action. The temptation to turn a tiny investment into a good sized win seems to be difficult for even the most opposing hardliner to resist.
Interest in the NCAA events reach a pitch in the first two days of play, with basketball games being played 24/7. Gamblers watch the results of these games closely, hoping to make some money, even if it's a few dollars.
The cost of March Madness to the US economy is quite high, however. Statistics put a number of $2 billion in lost production, as millions of Americans are glued to the games instead of working. In addition, there always appears a huge jump in the number of Americans who are suddenly 'sick' this week, affecting the workforce significantly.
Nevertheless, March Madness provides a time of fun and entertainment for the entire United States - something sorely missing in today's depressing economy.
BetUS.com, the leading US facing online sportsbook with a pedigree that goes
back ten years and caters to akk your college basketball betting needs.
Related Gambling Articles:
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- Embarrassing Leak of Banned Website List In Australia -03-21-09
- Playtech Acquires Sports Betting Software Developer - 03-20-09
- Full Tilt Launches 2009 WSOP Qualifiers - 03-18-09
- NCAA March Madness Tourney Betting Update From BetUS.com - 03-17-09
- March Madness Bracket Contests Are Open - 03-16-09
- Kauto Star Regains Gold Cup at Cheltenham Festival - 03-15-09
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