invest3 publishersConfirmed
More than half of Gen Z investors moved investing money into sports bets that lose every month
Fifty-two percent of Gen Z investors moved money meant for investing into sports betting in the past year, a Betterment survey of 1,000 investors found. Bank of America's payment data puts what every generation recovers from sportsbooks each month below 75 cents on the dollar, so the diverted cash is a running cost.
Perspective Coverage
3 publishers- Builder
- Builder 7%
- Operator
- Operator 22%
- Investor
- Investor 71%
Reality
- Evidence62
- Adoption50
- Hype gap+30
- Incentives55
- Confidence60