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

In terms of frequency of wagering, millennials wager on sports to a greater extent than other eld groups and within that demographic, Negro men property to a greater extent wagers than their snowy counterparts.

That’s according to a survey by Men’s Health that served as the grounding for a sweeping, multi-article serial publication on the land of regulated sports wagering inward the US. The magazine polled 3,800 men, of which 1,500 acknowledged that they placed at to the lowest degree unity sports wager inward the past tense year.

The notion that millennials come in to a greater extent sports bets than other eld cohorts jibes with previous research from other sources. While other surveys get examined the sports wagering habits of men and women, few feature drilled downward on racial data. The Men’s Health survey notes “more millennian Black men wager ofttimes than millennian whitened men,” but doesn’t cite other groups such as Asian-Americans or Latinos.

Still, the “typical” sports wagerer is a whitened male 'tween the ages of 25 and 34, according to the magazine. Eighty percent of them are devoting up to half-dozen hours a day to betting.

More Important Findings inward Men’s Health Poll

Millennials’ leaning for elevated sports betting oftenness may live partially attributable to that generation’s soothe with technology. Seventy-six of the men polled past Men’s Health say they come in their bets via a roving application or on a computer, and two-thirds said their betting oftenness has increased due to the evolution of app-based wagering.

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

FanDuel is past far the largest online sportsbook operator inward the US. Nearly a 3rd of respondents said they favor BetMGM.

Another interesting find past Men’s Health is that 56% of the males who responded noted they favor wagering on pro sports over college athletics. In comparison, just now 39% acknowledged placing bets on college and pro games.

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

Black Market Betting Still Elevated

Today, some variant of sports wagering is allowed inwards 34 states and Washington, DC, with KY poised to take that number to 35 inward the coming weeks. Some of the largest online sportsbook operators currently extend to around 40% or to a greater extent of the US fully grown population.

However, the Men’s Health appraise could sign that fatal market betting remains elevated. In increase to the typical wagerer beingness a white man 'tween 25 and 34 years old, he lives in California, Florida, New York, or Pennsylvania, according to the magazine.

Of that quartet of states, only when New York and Keystone State permit roving 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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