The excitement surrounding Arkansas men’s basketball in the Sweet 16 is expected to drive an increase in sports betting throughout the state this March. Scott Hardin, spokesperson for the Arkansas Department of Finance and Administration, anticipates a jump from the current $53 million average monthly wagered on sports to around $70 million in March. The presence of the Hogs in the tournament this year has sparked a surge in interest, with Hardin likening the tournament to the Arkansas Super Bowl.
However, with the rise in sports betting comes a need for responsible gambling practices. The Arkansas Problem Gaming Council has reported an uptick in calls related to sports betting since it was legalized in 2022, particularly during the tournament season. Vena Schexnayder, Executive Director of APGC, emphasizes the importance of setting limits and keeping bets in check to ensure that sports betting remains a fun and casual activity.
Both Schexnayder and Hardin stress that sports betting should be viewed as entertainment rather than a means to make financial gains. Hardin emphasizes that it is essential for individuals to stay within their limits and not use sports betting as a way to pay major expenses. As the tournament season continues and excitement builds around the Hogs’ performance, it is crucial for sports bettors in Arkansas to prioritize responsible gambling practices to ensure a positive and enjoyable experience.
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