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Sports betting industry growth

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Comparatively, a far greater share of horse racing fans, 42 percent, felt that betting on the sport made them feel more engaged with it. As of November 2021, the share of British soccer fans who felt that betting made them feel more engaged with the sport was 21 percent. Many Britons participate in sports betting because it allows them to feel more engaged with the sport they are watching.

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How many Britons participate in sports betting? Contrastingly, the annual turnover of off course soccer betting in Great Britain has seen an increase over the past decade, totaling 1.34 billion pounds between April 2021 and March 2022. Over the past decade, bets placed on off course horse racing and dog racing have declined.

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The annual turnover of off course dog race betting in Great Britain, by comparison, amounted to approximately almost 740 million pounds between April 2021 and March 2022. Turnover refers to the amount of money wagered before any winnings are paid out. Between April 2021 and March 2022, the annual turnover of off course horse race betting in Great Britain was slightly more than three billion British pounds. Some of the most popular forms of sports betting in Great Britain involve placing bets on horse racing, dog racing, and soccer.

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