Gambling Sports Guru had a strong opening week in his selections for teams to advance in the 2011 NCAA Basketball Tournament.  This Tournament, also known as March Madness, has captured the fancy of people world wide, and it is now one of the most highly wagered events of the sports betting year.  College basketball teams, which have been selected by a committee for purposes of this tournament, compete for the honour of “NCAA Champion” in a single-game elimination that has fans riveted to their televisions for three weeks.  

Because online sports betting is an easy process to complete, and because the games are seen around the world on network and cable stations, there is a fevered interest in the results of the game.  Sports betting is a phenomenon in and of itself, and online sports betting sites are doing a tremendous business for their customers and themselves.  

Online sports betting for the NCAA Tournament is particularly popular on the European online sports betting sites.  In 2010, the EU online sports betting sites garnered 45% of the world’s market share, according to figures from the European Gaming and Betting Association (EGBA).  The data also found that the EU online gaming and sports betting market was worth in excess of 10 Billion in GGR (Growth Gaming Revenue = stakes minus winnings) for the calendar year 2010.

If you are a follower of the Gambling Sports Guru’s column appearing in http://www.onlinegambling.co.uk on a regular basis, you would know that he has had a spectacular first three months, with a winning percentage around 70%.  His sports betting selection of Duke University as the ultimate champion of the tournament remains on track, as Duke advanced to the 4^th round of games, along with Ohio State, Purdue and Kansas State, his other “Final Four” selections.

Since these selections were made back in November, it was a stroke of luck that each of these four teams are in a different bracket in tournament and, therefore, will not play against each other until the Final Four round commences on April 2^nd, if they advance through rounds 4 and 5.  You can find the Gambling Sports Guru’s picks for the weekend of March 24-27 on the website.