Turnover

Turnover

In sports betting, turnover refers to the total amount of money wagered on an event or over a specific period. It is a key metric for sportsbooks to measure their business volume. In sports like basketball and football, a turnover is when a team loses possession of the ball to the opposing team.

Example

The sportsbook reported a record turnover for the Super Bowl, with billions of dollars wagered on the game. In the game itself, the quarterback's interception was a costly turnover.