Sports Betting Handle

Sports Betting Handle refers to the total amount of money wagered by bettors on various sports events. This metric is crucial in the gambling industry as it represents the gross amount of all bets placed before any payouts or winnings are deducted. The handle provides a clear indication of the volume of betting activity and is often used to gauge the popularity and profitability of different sports and events. For both bookmakers and regulatory authorities, tracking the sports betting handle is essential for understanding market trends, managing risk, and ensuring fair play. In essence, it serves as a financial barometer, reflecting the health and dynamism of the sports betting market.