Research revealed that 85% of Sports Bettors Are Open to Betting Together
More states are looking to cash in on the revenue that sports gambling brings in. And those placing bets on sporting activities continue to rise among Americans
One of the groups involved in the sports handicapping industry, Doc’s Sports conducted research on the betting habits of sports bettors.
Ages 35–44 were more likely to bet frequently, seek out detailed analysis, collaborate with others, and view betting as a potential income stream. In contrast, respondents ages 65 and older tended to bet less often, rely less on shared information, and approach wagering more as a standalone or recreational activity.
85% said they were open to joining a sports betting syndicate.
Among respondents ages 35–44, 41% reported placing 5 or more bets per day during football season. Among those 65 and older, 25% did so. Among the four largest age segments in the survey, the 35–44 group had the highest daily betting rate.
Sports Betting Quick Picks
Overall, 63% of respondents said they prefer live, long-form breakdowns over quick picks. Another 29% preferred short picks, while only 9% said they do not watch handicappers.
Among respondents ages 35–44, 72% preferred detailed analysis, compared with 56% of respondents ages 65 and older. This suggests that more active bettors want the reasoning behind a wager, not just the pick itself.
43% of 35–44-year-olds described sports betting as side income. Among respondents 65 and older, that figure fell to 29%.
Among respondents who disclosed household income, 48% of those earning under $75,000 described betting as side income, compared with 27% of respondents earning $150,000 or more. Among respondents without a college degree, 43% described betting as income, compared with 29% of college graduates.
When asked whether they would rather win $10,000 betting on the Super Bowl or watch their favorite team win it, 83% chose the money. Only 17% chose their team’s championship.
