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Axios
Axios
Sport

EXPLAINED: March madness betting expected to set record | Rare Historical Photos

Reproduced from American Gaming Association; Cartogram: Axios Visuals

With legal sports betting markets in 30 states plus Washington, D.C., this year's March Madness will generate the most betting in tournament history.

By the numbers: An estimated 45 million Americans could combine to wager $3.1 billion on the 2022 men's tournament, according to the American Gaming Association.

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