Indiana Sportsbooks Earn Well in February
The Indiana Gaming Commission recently released the sports betting figures for Indiana Sportsbooks in February. The numbers are, of course, fairly impressive. The total betting handle is $187 million, which is 10% higher than last month. This means that the state will collect around $1 million in taxes.
Normally, February is a month where numbers are expected to dwindle by a bit. But Indiana’s 10% increase is great news, as it shows us a steadily growing betting market.
Indiana Sportsbooks and Their Books
College and NBA basketball wagers collectively generated $90 million in wagers for February alone. Meanwhile, the Super Bowl handle is at $11.6 million. The will have Super Bowl draw in huge numbers. Indiana is able to do that, and more, with the basketball handle. And if you want to know how to run your own sportsbook through pay per head services, then you should pay attention to the sports that generate a lot of action in certain months.
February is inarguably the biggest month for football, due to the Super Bowl. It also signifies the end of the professional football season, which will often bring a slump in some sportsbooks. You can see a variety of options when you try to compare sportsbook pph companies. But Indiana was able to sustain a health betting handle mainly due to basketball. Part of becoming a bookie is knowing how to ensure that your sportsbook earns regularly, and using basketball is a great option for an active sportsbook to carry you through spring. Of course, your sportsbook pay per head software can generate reports so you can see the numbers easily.
Indiana’s Betting Market
One of the reasons why Indiana enjoys a lot of betting action is its advantage over neighboring states. Most residents from nearby states cannot place wagers in their own homes so they travel to Indiana to do so. They can, after all, get to the state border, cross, park over, pull out their phones, and place their wagers and drive back. In addition, a growing and maturing local betting market is also a key factor in us seeing a healthy amount of growth for the local gambling industry.
