According to a report published by Entain, one of the world's largest betting, gaming and interactive entertainment business groups, the popularity of betting on Formula 1 has grown considerably.
With four races remaining on the 2022 calendar, the course promises to break all established records. In the period between 2018 and 2021, the number of Entain users who bet in this category grew by 50% and the number of bets placed per season has also increased, in this case by 30%.
So far, in 2022, the number of bettors who registered in the previous season has already been exceeded by 18% and its conclusion has not yet been reached.
These users are distributed between 35% in the United Kingdom, 17% in Brazil, another 17% in Germany and finally, 5% in Spain.
One of the most popular grand prizes, the British has been one of the fastest growing with 121% more bettors in 2022 than in 2018. The bets on the winner have also skyrocketed and have multiplied by four with respect to mentioned year.
Dam Grounsell, Commercial Director of Entain has valued these figures as positive: “Our customers are finding Formula 1 an increasingly exciting sport to participate in – numbers are growing year on year, in line with the popularity of the sport. This has no doubt been helped by the hugely successful Netflix Formula 1 Drive to Survive series. We’re looking forward to the next stage of Formula 1’s exhilarating journey, and with our bench-strength of global sporting brands, are perfectly placed to keep our customers entertained and close to the action.”
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