An NCAAcommissioned survey showed that most 18- to 22-year olds wager on sports. Many young people attend college.
The survey was conducted by Opinion Diagnostics a Boston-based polling firm. The company interviewed a total of 3,527 people. Half of them were college students, and the other half was young adults who weren’t in college.
Opinion Diagnostics reached certain conclusions after talking to the respondents. 58% had bet at least once. 67% college students who live on campus say that they are regular bettors.
Other interesting data on college students revealed that 41% of them had placed a wager on the teams of their colleges. Furthermore, 35 percent said they had used a student-run bookmaker.
Opinion Diagnostics discovered that 30 % of respondents bet around 10-20. But 6% of respondents said they had lost more than 500 in a single day.
Most respondents ( 28%) stated that they would wager on their mobile phone. Most punters who play online or in person said they prefer live in-game betting.
The NCAA wants to know how young bettors think
Charlie Baker commented on the survey and said that it was necessary to better understand the young bettors.
We needed to establish a new baseline in order to better understand the experiences of student-athletes on their campuses, and with their peers. This will help us best assist them as they deal with legal sports betting’s disruptive dynamics.
Charlie Baker, president, NCAA
According to the president, sports betting has become increasingly popular in America and is a reason why so many young people are attracted to it. Baker stressed the need to better understand how sports betting impacts young people, including young athletes.
The NCAA will also commission a study that examines the betting habits of athletes. This association intends to carry out the survey this fall. Since 2003, the organization has conducted this survey every 4 years.
To establish a market that is sustainable, it’s important to understand how betting impacts young people and student athletes. Many regulated markets consider that young adults are particularly vulnerable to gambling harm, and so they try to protect them from constant promotions.
The United Kingdom Gambling Commission for example plans to continue research in this field, and look for links between gateway products and gambling harm.