[Music] well March Madness is officially underway but for us here in Kentucky it is also called March sadness right now following losses by every team here in the Commonwealth but Across America the American gaming Association predicts an estimated $ 2.72 billion will be wagered on the tournaments and if you're one of the millions planning on placing a bet ABC's M win has tips on how what a budget for it the sports gambling industry has grown rapidly in the US in recent years we're now up to 38
States uh North Carolina being the most recent state that allows for that state level sports betting online as well as on your smartphone betting on sports is easier than ever especially when you can place bets using the smartphone you carry with you all day long you're truly just a few Taps away or just a scan of the face away from being able to wager some money on a game and being able to bet not only on games but also on specific actions within games are they going to make the free throw are
they going to make the field goal are they going to advance to the round of 16 in March Madness March Madness College basketball's playoff tournament makes this a popular month for sports betting you know the big thing about March Madness is that there are a lot of games in a really short period of time if you'll be trying your luck set aside a budget ahead of time it's when we don't have a budget or we're not being honest with our budget that things start to go haywire and we begin to spend mor
e than we actually have consider what money you can afford to spend on entertainment get really honest with yourself about what money you have and what money you don't have and earmark some money so that you can have some fun right and so if you want to create something like uh a specific account that is specifically your fund money that's totally normal and stick to your predetermined spending amount instead of trying to redeem yourself when you lose then if you end up losing every dollar you k
now on a really thrilling bet it's guilt-free you knew that you had that money as fun money it is what it is but it's not going to affect other areas of your life mwin ABC News Washington this is the very first March Madness since sports betting was legalized here in the Commonwealth and initial numbers out of the state show that it's already exceeding expectations in the first four months of legalization the state took in $16 million in tax reeven Vue and to put that into perspective Indiana to
ok in 38 million for the entire year and if you or someone you know does have a gambling problem you can call 800 Gambler for help
Comments