Last Sunday, the Elite Eight round came to a close, and the NRG immediately set out to do its study.
Every year, a large number of bettors flock to the NCAA tournament, also known as March Madness.
Given the ever-widening legality of sports betting across the US, betting figures have been robust this year as well.
According to NRG's poll, 31% of Americans between the ages of 21 and 64 have wagered on the March Madness thus far. The percentage of those who say they bet more in 2022 than any other year is 65%.
In addition, 63 percent of gamblers bet $100 or more, and 39 percent wagered $250 or more.
The poll also indicated that 60% of NCAA bettors this year did not complete a bracket for the whole tournament, according to SportsHandle's reporting.
Legal sports betting has reduced the number of people interested in filling up brackets, according to 54% of bettors. This is because there is a greater variety of betting alternatives accessible in legal markets.
While the number of bettors decreases with each successive elimination round, SportsHandle anticipates substantial betting numbers for the final two rounds of March Madness, making it the most popular US sports betting event alongside the Super Bowl.
This rumour could be true, considering that North Carolina and Duke will be playing each other for the first time ever. Mike Krzyzewski, the veteran coach, may be retiring after this game.
Kansas will face Villanova in the other semi-final match.