Handle

Handle refers to the total dollar amount wagered. It's a key metric for measuring the size and health of a sports betting market. Monthly handle figures are reported by state gaming commissions and used to track industry growth.

Handle should not be confused with revenue. A sportsbook might handle $1 billion in bets but only keep $50-70 million (the hold). States tax operators on revenue, not handle.

New Jersey, New York, and Illinois consistently lead the nation in monthly handle. The Super Bowl and March Madness are the peak handle events of the year.