The NCAA, which regulates student sports, conducted a survey in order to determine the wagering habits of different adult groups. The organization has recently released the results showing that young adults more often engage in betting than other groups, particularly those included in college campuses or minority communities, as ESPN reports.
The survey has found that 58% of the polled have engaged in
at least one sports betting activity. The survey found that 67% of students who live on campus regularly place bets, and 41% have placed wagers on their school team. For the same purpose, 35% of these students used a student bookmaker to place a wager.Demographics:
According to the demographics breakdown, the highest percentage of 68% of Black or African American respondents have been involved in wagering activities, followed by Hispanic or Latino with 63%, Asian with 55%, and white or Caucasian bettors reportedly representing 54% of the polled demographics.
As the source reports,
NCAA president Charlie Baker commissioned the study “to establish a baseline of sports betting activity in the new gambling landscape in the U.S,” as such landscape has significantly changed over the past few years. At the moment, there are 33 states and the District of Columbia with legal betting markets, with several more states expecting the launch of legalized wagering operations still this year.The survey reportedly found that the level of engagement in wagering operations in states with legal markets was
almost the same as that of the states where sports betting was not allowed by law.Announcing the survey results, Baker said:
“We needed a new baseline so we can better understand what student-athletes are experiencing on their campuses and among their peers so we can best help them deal with the potentially disruptive dynamic of legal sports betting . Sports betting has increased interest in sports of all kinds, including college sports, which is great for our fans, but the NCAA and everyone from coaches to athletics department staff and college presidents must better understand what impact sports betting may have on student-athletes.”Survey Focus:
ESPN reports that the survey was conducted by market research company
Opinion Diagnostics on behalf of NCAA from April 18-23. The survey focused on adults aged 18-22 who live in the United States. The total number of responses received was 3,527. Nearly half the respondents studied in institutions located within the United States. The results showed that respondents were most likely to bet between $10 and $20, with 79% placing wagers between $1 and $50. 10% of respondents risked more than $100 on average. The 10% figure reportedly compares to the 5% level for the general population.16% of Risky Engagements:Also, the survey central age group was found to mostly wager on NFL and NBA, followed by college basketball and college football. The
defined risky behaviors as betting more than $50, losing more $500 in a single wager, and betting more than once a week. The findings showed that 16% of young adultshad engaged in at least one of these risky behaviors.Taking into account the extensive development of regulated sports betting markets, the next NCAA survey is expected in forthcoming months.