Lab42 Research

View Original

Beating the Odds: Navigating the High-Stakes World of Online Sports Betting

Online sports betting has captured the interest of many, with 27% of residents in states where it's legal participating in this activity. The dual appeal of financial gain and entertainment drives people to place bets, while the addictive nature of the activity is evident in the frequency of betting. Football dominates as the preferred sport, and bettors prioritize payout time and options when choosing their sportsbooks. DraftKings and FanDuel lead the market, but caution is advised, as a significant percentage of bettors engage in the activity under the influence of substances.

View more stats on our infographic below.