Indiana March Handle hits $476 million as FanDuel beats DraftKings
There is no shortage of competition in the world of sports betting. In recent years, BetMGM Sportsbook, Caesars Sportsbook, BetRivers Sportsbook and PointsBet Sportsbook have all gained a wide variety of fans across the United States and now in Ontario. And these are just some of the sports betting platforms available, like SI Sportsbook, WynnBET Sportsbook, MaximBet Sportsbook and many more have entered the crowded betting market. However, two of the most popular betting platforms have been DraftKings Sportsbook and FanDuel Sportsbook for years. Both names originated from daily fantasy sports, although they have since grown into massive sportsbooks as well as online casinos available in many states. Well, the fierce competition between the two is still going strong, as evidenced by the Indiana betting handful for March. Here’s what you need to know about the new top sportsbook in Indiana.
Indiana Sports Betting Handles Hits $476 Million
March was a great month for sports bettors. Between the last full month of the NBA season, ongoing NHL action and of course March Madness, the month is an absolute treat for sports bettors. Well, Indiana bettors have certainly been following the various events, as evidenced by the massive handful. According to Gambling.com, in March Indiana bettors placed a total of $476.8 million. This was a big jump from the relatively disappointing February figure, rising 16.5% from February’s handful of $316.7 million.
As you’d expect, online sports betting was the top priority for bettors in the state. March saw a total of $446.7 million in online sports betting, another big increase from February. What’s more, it’s more than 50% up on the March 2021 online sportsbook numbers, which saw Indiana bettors place $286.8 million online. However, the revenue numbers might be the most interesting jump. March 2022 showed a total of $32.3 million in sports betting revenue, up a massive 90.3% from the previous month.
FanDuel wins March, ending DraftKings winning streak
While we now know Indiana’s big sports betting numbers, who took the most money in March? Well, according to SportsHandle, FanDuel won the month, ending a major streak from rival DraftKings. Indiana sports betting has been dominated by DraftKings Sportsbook for 30 consecutive months, with sports betting recording the best handful each month. However, that streak was eventually snapped by FanDuel Indiana, with a handful of $143.2 million beating DraftKings at $139.6 million.
Quick history of Indiana sports betting
Indiana sports betting officially launched on September 1, 2019. One of the big proponents of legal betting, Governor Eric Holcomb, placed the very first bets in the state. Before long, tons of different sportsbooks were available in Hoosier State. Some of the first to expand into Indiana were top competitors FanDuel Sportsbook and DraftKings Sportsbook, as well as BetRivers Sportsbook. However, BetMGM, Caesars, PointsBet, Betway and Unibet have also moved into the state, giving bettors many different options.