NCAA survey suggests widespread teen sports-gambling problem
Teens are betting on sports online even though some of them live in states where sports gambling by under-21s is prohibited, or outright illegal.
It corresponds to one. the study A national survey of 18- to 22-year-olds from the NCAA found that 58 percent of respondents placed at least one bet this year. The NCAA said the statistics are troubling, because many states — including Arizona, Iowa, Louisiana and Massachusetts — require gamblers to be at least 21 to bet. About 70% of college students living on campus are bettors. Of those who bet on sports with a college degree, a little more than 40 percent have placed bets on their own school’s team, the NCAA said.
President Charlie Baker said in a statement that the NCAA conducted its survey “to better understand what student-athletes are experiencing on their campuses and among their peers.” Statement Wednesday.
More states have legalized online sports betting in recent years, making a hobby that was once done in person by bookies — often with a nod to illegality — more widely accessible. . Kansas, Maryland, Massachusetts and Ohio legalized sports gambling last year, bringing the total to 33 states nationwide, plus Washington, D.C., where sports betting is legal. has given added tax revenue.
BetMGM, Caesars Sportsbook, DraftKings, FanDuel and WynnBet emerged as the big revenue winners. From comedian Peyton Oswalt’s ads to actor Jamie Foxx talking about same-day parlies to a feud with NBA legend Kevin Garnett, online sportsbooks have aired some of the most talked-about ads in recent history. . The companies did not immediately respond to a request for comment on Thursday.
Baker and the NCAA stated that there has been a “national crime of sports betting advertising” and that “advertising has a significant impact on the likelihood of betting on older youth”. The NCAA stopped short of saying that the ads led to illegal gambling among youth. Still, 56 percent of survey respondents said they remembered seeing an ad recently that encouraged them to bet.
The NCAA survey found that the majority of younger gamblers typically bet between $1 and $50 and lose between $10 and $300. The NCAA said the losses were particularly high among black bettors, some of whom reported losing more than $500 in a single day. The survey also found that some college students recruited a fellow student to raise wages on their behalf.
The NCAA said it is planning another survey this fall focused on the gambling habits of student athletes.
Minor online betting just looks like sports gambling has soared to new heights. Americans spent a record $31.1 billion on games — online and in person — during the first quarter of this year, according to the American Gaming Association. This activity generated an all-time high of $2.8 billion in revenue for sportsbooks, the trade association. said.