Even though only a small portion of sports bettors consistently turn a profit and even fewer are skilled enough to earn a living from sports betting, some bettors are still willing to try despite the lengthy odds.
Nearly two-thirds of sports bettors surveyed by NerdWallet say they do it to increase their income, but some are taking on debt to support their habit. This is consistent with other research showing that in states where online sports betting is permitted, consumer loan and credit card balances are higher.
Nearly two-thirds of sports bettors surveyed by NerdWallet say they do it to increase their income, but some are taking on debt to support their habit. This is consistent with other research showing that in states where online sports betting is permitted, consumer loan and credit card balances are higher.