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Sports Betting Industry Profit: 10.92 billion in 2023
New York State Total: 3.260 billion in profit, ZERO losing months
DraftKings MUP (Monthly Unique Players): $116 monthly profit per MUP in Q4 with 3.5 million players
Estimates say only 3-5% of consistent sports bettors will win over a full year
Parlay hold rate is typically 20-35% for sportsbooks
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