Revenue is also commonly referred to as “profit” or “net income” in this context. Revenue (Profit): The revenue in sports betting is the income earned by the sportsbook after paying out winnings to winning bettors and deducting any expenses, such as operating costs and taxes. The handle reflects the popularity of the event through the money bet and, last year, the Super Bowl handle was a reported $16 billion. The handle is also known as “total bets” or “total wagers.”įor example, if a sportsbook accepts $10,000 in bets on a football game, that $10,000 would be considered the handle for that specific event. It represents the total volume of bets taken by the sportsbook from customers.
Handle: In sports betting the handle refers to the total amount of money wagered by bettors on all the bets placed within a specific time frame or for a particular event or sportsbook. In reality, they are simple to understand. If you have never heard them in this context, they may seem completely foreign to you. Handle and revenue are two words that are synonymous with the world of online sports betting. What is the Difference Between Handle and Revenue? Which Events Have the Biggest Betting Handle?
