November Resets National Sports Betting Mark For Handle

National sports betting

It was just a matter of time before national sports betting in November set another legal online sportsbooks record for handle. Illinois made it official this week.

Two states — Arizona and Kentucky — have not reported their November figures for handle, or amount wagered. But even before those financial statements roll in, the month of Thanksgiving was one for which sports betting operators could be grateful.

More than $13.47 billion was wagered in November. By the time Kentucky and Arizona report, that figure is certain to nudge over $14 billion, probably in the $14.4 to 14.5 billion range. The nationwide record set in October, when $12.825 billion was wagered, lasted only a month.

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Breakdown of November Wagering Figures

As always, the vast majority of wagering, at least in states that have the option available, came from mobile sports betting apps in November. For instance, the leader in sports wagering is New York, and it has been ever since the Empire State launched online betting nearly two years ago. In November, New York reset its monthly state record (and national mark) at $2.122 billion wagered. Of that, $2.109 billion in wagers came from devices such as mobile phones, laptops or desktop computers.

November is always a major boon for sportsbooks, with NBA and NHL seasons in full swing, the World Series drawing huge baseball interest, and best of all college football and NFL betting sites seeing the most action as their regular seasons raced toward their conclusions.

New York was not the only state making history in the second-to-last month of 2023. Other states that reset their records were: New Jersey ($1.623 billion in handle), Illinois ($1.375 billion), Pennsylvania ($934.1 million), Massachusetts ($654.4M), Virginia ($638.8M), Colorado ($608.5M), Michigan ($584.1M), Maryland ($550.7M), Tennessee ($515.5M), Indiana ($513.7M), Louisiana ($356.5M), Iowa ($289.7M), Kansas ($260.9M), Connecticut ($205.7M) and Arkansas ($54.8M).

Autumn is one of two major peaks for sportsbooks; the other is in March, when the NCAA Tournament — Purdue is the favorite with +900 odds at Caesars Sportsbook to win the men’s tournament this season — draws enormous interest.

On top of all that, Maine became the latest state to launch its market. Granted, it’s going to be a comparatively small amount in a state with just 1.4 million population, but Maine still kicked in $37.6 million toward the nationwide handle figure.

As for revenue, November is not on track to set a record — in October that national sports betting figure exceeded $980 million, but it was at $688 million the following month (again, with two states yet to report).

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December National Sports Betting Prognosis

As for December and beyond? As of Friday afternoon, 19 states had made their financials public for the final month of 2023 and some broke their records yet again, surpassing November. The San Francisco 49ers are Super Bowl favorites with +175 odds at BetMGM Sportsbook and NFL playoff betting is the big highlight for sportsbook operators in January.

Stay tuned to this space and don’t be surprised if USBettingReport.com brings you news of December setting yet another handle record to close out the calendar year. We’ll know in about a month.

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Jim Tomlin


Jim Tomlin has more than 30 years of experience in sports journalism as an editor and writer and now lends his sports and gambling expertise to US Betting Report among other websites. He has covered pro and college sports from football, baseball, basketball, soccer, golf, motorsports and more for publications such as the Tampa Bay Times, SaturdayDownSouth.com, SaturdayTradition.com and FanRag Sports.

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