Skip to main content
The 2019 NBA Playoffs Are Creating An Unprecedented Number of Bets

March Madness Explodes With An Estimated $8.5 billion Bets Placed on Tournament

SAN JOSE, Costa Rica  – College Basketball’s most popular event, March Madness, is estimated to generate over $8.5 Billion worth of wagers throughout the tournament. With television ratings for the first weekend of the tournament being the second highest since 1991,, the leading sportsbook software company, is claiming record-high profits.


“This year’s March Madness Tournament has been one for the books.”  stated Nate Johnson, product manager of “Our site traffic experienced a significant spike at the beginning of the tournament and is still at a steady climb.”


March Madness 2019 is the first NCAA tournament that has experienced legalized sports betting in certain U.S. states.  In previous years, Nevada has been the central hub for March Madness NCAA betting, however, states like New Jersey, Pennsylvania, Rhode Island and others can now accept and hold wagers for major sporting events.


“ has been anticipating a large increase of wagers due to legalized sports betting for years.” explained Johnson. “However, we never anticipated legalization to move this quickly through several states. The numbers are unbelievable.”


According to the American Gambling Association, nearly 1 in 5 American adults will be placing a bet on March Madness. The AGA also cites that close to 18 million people will place 3.9 billion worth of wagers through a bookie, an online sportsbook, or with a friend.


“With the March Madness Final Four, just around the corner, the team at is anticipating the most successful and profitable March Madness the industry has ever seen.




About PayPerHead:


PayPerHead (, founded in 1997, is the industry’s leading per head online bookie software, providing user-friendly tools and unmatched customer service.’s agents reach unprecedented profits through its sportsbook software and unmatched list of supported sports. To date, has provided service for over 13,000 users with professional and discrete data processing services around the globe. For more information visit


For more information, please contact:

[email protected]







Related News

The Sportsbook Industry Is Experiencing a Never Before Seen Female Demographic

The Sportsbook Industry Is Experiencing a Never Before Seen Female Demographic

SAN JOSE, Costa Rica -, the leading sportsbook software company in the industry, is reporting...

Artificial Intelligence Set to Increase Pay Per Head Agent’s Profits, Says

Analysts and programmers could become nearly as important as bookies by 2025 in the per...

An Increase of Entrepreneurs Are Joining The Pay Per Head Industry As Industry Anticipates $155 Billion Growth anticipates the industry to outperform predictions, citing an increase of entrepreneurs investing in the...

Leave a reply

Your email address will not be published. Required fields are marked *