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1 in 5 American adults is a sports bettor: new study

Posted on: September 14, 2022, 04:49h.

Last update on: September 14, 2022, 04:50h.

Nearly one in five American adults have bet money on sports in the past year. That’s according to a report released Wednesday.

Pew Research, which surveyed 6,034 adults July 5-17, reported that 19% of American adults said they had made a sports bet in the past year. The most popular way, reported by 15% of respondents, was betting with friends or family in a casual bet, private betting pool or fantasy league.

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The Circa Sportsbook in downtown Las Vegas. According to a new survey by Pew Research, 8% of American adults bet on sports at a casino, racetrack or kiosk. (Picture: LA Times)

After that, 8% of respondents said they bet on sports in person at a casino, racetrack or kiosk, and 6% said they did so online. (Some respondents bet in more than one way.) More than 80% of all legal sports betting in the United States is done online.

Much more room to grow

The survey results indicate that the emerging legal sports betting industry in the United States, while growing rapidly, still has much more room to grow.

Since the Supreme Court allowed all 50 US states to legalize sports betting four years ago, Americans have bet more than $125 billion on sports. Since the NFL season kicked off last Thursday, sports betting was legal in 31 states plus Washington DC. Several other states will likely legalize it soon.

A record 46.6 million Americans plan to bet on the current NFL season, according to the American Gaming Association. This is 3% more than last year.

Other sports betting survey results

  • More male respondents (24%) than female respondents (15%) reported sports betting.
  • 22% of respondents under 50 say they bet on sports, compared to 17% over 50.
  • 27% of black respondents and 24% of Hispanic respondents said they bet on sports, compared to 18% of white adults and 10% of Asian Americans.
  • Education was not a factor, with 18% of college graduates reporting sports betting, compared to 20% of those without a college degree.
  • Wealth was not a factor either, with 22% of high-income households, 19% of middle-income households and 19% of low-income households reporting sports betting.
  • Sports betting did not vary significantly by party affiliation, with 21% of Democrats and Democratic-leaning independents, and 19% of Republicans and Republican-leaning independents reporting having placed a sports bet in the past year. past year.
  • 57% of respondents said they thought sports betting was neither good nor bad for society, 34% thought it was bad and 8% thought it was good.
  • 49% of respondents said they thought sports betting was neither good nor bad for the sport itself, 33% saw it as bad and 16% as good.