Neil Freiman
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This is only going to grow to even more billions.
So prediction markets, people are definitely flocking to prediction markets to place their wagers.
But it's just crazy to think of the scale of the World Cup and how much people are wagering on this.
So I looked at the Super Bowl.
So how much was legally wagered on the Super Bowl across regulated US sportsbooks?
1.76 billion.
And they're expecting...
No, I'm going to say the answer because I don't think you would have gotten it.
1.76 billion compared to 50 billion for the world cup, the world cup final in Qatar in 2022, 1.5 billion people watch the final 5 billion people watch the whole competition.
1.5 billion people is one fifth of the entire global population.
So everything, however big 200 million people watch the super bowl.
So however big you think the super bowl is, I mean, the world cup is just so much bigger and,
And with more attention, more legal wagering, this money is going to be bet on.
I think I'm maxing out my betting at just like $50.
Just one pool, it's too much.
Too much.
And also a lot of wagering oversight nonprofits are saying, this is going to get so many more people hooked on gambling.
And we've already documented all of the ills of that to society.
But either way, people are going to do it.
It's just the biggest competition in the world.