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Millennials Place Most Sports Bets, Black Men Wager More Frequently Than White Males

In terms of frequence of wagering, millennials play on sports more than other eld groups and within that demographic, Black person men position to a greater extent wagers than their white-hot counterparts.

That’s according to a study past Men’s Health that served as the grounding for a sweeping, multi-article series on the state of regulated sports wagering in the US. The mag polled 3,800 men, of which 1,500 acknowledged that they placed at to the lowest degree I sports bet in the past tense year.

The notion that millennials localise to a greater extent sports bets than other eld cohorts jibes with previous research from other sources. While other surveys make examined the sports wagering habits of men and women, few have got drilled cut down on racial data. The Men’s Health survey notes more millennian Negroid men bet ofttimes than millennian white men,” but doesn’t name other groups such as Asian-Americans or Latinos.

Still, the “typical” sports bettor is a white-hot virile betwixt the ages of 25 and 34, according to the magazine. Eighty percent of them are devoting upward to 6 hours a 24-hour interval to betting.

More Important Findings inward Men’s Health Poll

Millennials’ proclivity for elevated sports betting relative frequency may live partly attributable to that generation’s comfort with technology. Seventy-six of the men polled by Men’s Health say they set their bets via a peregrine application program or on a computer, and two-thirds said their betting frequency has increased due to the phylogenesis of app-based wagering.

The queried males noted that the sports they wager on the to the highest degree are football, basketball, and baseball, inward that order. That meshes with long-term data. Interestingly, 61% of respondents said DraftKings is their sportsbook of choice, spell 56% said the same of FanDuel.

FanDuel is by far the largest online sportsbook manipulator in the US. Nearly a third of respondents said they favour BetMGM.

Another interesting discovery past Men’s Health is that 56% of the males who responded noted they favor wagering on pro sports o'er college athletics. In comparison, simply 39% acknowledged placing bets on college and pro games.

While sports betting has certainly follow “out of the shadows” since the 2018 Supreme Margaret Court ruling on the Professional and Amateur Sports Protection Act (PASPA), 34% of men believe commercials pass during games by sportsbook companies are annoying, and 38% say broadcasters shouldn’t pretend betting references patch on the air.

Black Market Betting Still Elevated

Today, some constitute of sports wagering is allowed inwards 34 states and Washington, DC, with KY poised to use up that number to 35 in the coming weeks. Some of the largest online sportsbook operators currently progress to nearly 40% or to a greater extent of the US full-grown population.

However, the Men’s Health study could sign that inkiness securities industry betting remains elevated. In increase to the typical punter being a lily-white adult male between 25 and 34 years old, he lives inward California, Florida, New York, or Pennsylvania, according to the magazine.

Of that quadruple of states, only New House of York and Keystone State countenance peregrine sports wagering. At this point, Florida’s sports betting fate is inward the hands of the courts, and it could follow several years before Calif. gets around to reconsidering the issue.

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