Over $160B wagered on US sports betting in 2026?

Updated 12d ago

How to read the numbers

Implied / market-implied YES

The probability of YES implied by current traded prices (mid or last). It is what participants are paying for, not a claim about real-world odds.

Model estimate

A rule-based heuristic from the signal engine when a rule sets one, not a black-box forecast. Some signals only describe liquidity or spreads and may show no model estimate.

Edge / gap

The difference between the model estimate and market-implied, in percentage points (model minus market for YES). Filters may use “largest gap.” This is informational only-not trading advice or guaranteed advantage.

Stance (above / below / near estimate)

Compares market-implied to the model estimate when both exist. Labels are not buy or sell recommendations.

Confidence

A simple UI clarity label for signals (not a prediction). It summarizes the signal’s own magnitude/quality metrics into one of: Low, Mid-low, Mid, Mid-high, or High.

Volume

Reported trading activity for the market, for context on size and liquidity.

Change & sparklines

Movement in market-implied YES over the window labeled on the card-often 24h where data allows.

Signals

Rule-based flags from ingested public data. They are not trade recommendations.

More detail in Methodology.

Sports · market-implied 78.7%

PolymarketVolume ~36,488.301← All markets

Recent price

78.7%

This market will resolve to “Yes” if the total amount wagered on U.S. sports betting in 2026 is greater than the number specified in the title. Otherwise, it will resolve to “No.” The resolution source will be Legal Sports Report (https://www.legalsportsreport.com/sports-betting-states/revenue/), using the “U.S. sports betting revenue by month” table. The annual data will be calculated by summing the values in the “Handle” column for all months in 2026 once the relevant information is available. If the resolution source becomes permanently unavailable, the market will resolve based on other reliable sources

Market summary

This market is currently priced at 78.7%, while BinaryStreaks estimates fair value at 78.6%, indicating a possible -0.1 percentage point difference.

Why this is flagged: Δ6h +32.1 pts · Δ24h +32.1 pts (same direction)

What this means

  • This may indicate the market is repricing new information, or reacting to liquidity and order flow.
  • Signals are informational only and not trading advice.
  • BinaryStreaks uses public market data and deterministic, rule-based analysis.

Execution

YES

Best bid (sell)
60¢
Best ask (buy)
97¢
Spread
37¢
Midpoint
79¢
Depth (top level)
bid 6.23 · ask 48.46

NO

Best bid (sell)
Best ask (buy)
40¢
Spread
37¢
Midpoint
21¢
Depth (top level)
bid 48.46 · ask 6.23