The 48-team FIFA World Cup tournament is expected to be the single largest catalyst for online sports betting in history, Bernstein said.

The FIFA World Cup is approaching, and prediction markets are booming. Find out how $2 billion in bets are being placed.

Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.