Lesson- Sports Betting

Winning bets on favorite NFL teams are expected to cost DraftKings and FanDuel hundreds of millions in expected revenue.

Sports betting has risen in popularity in recent years, especially amongst young people. But what are the chances of making it big on these bets?  Two Cents’ video Can You Really Make Money Betting on Sports? examines how sports betting went from being an illegal activity to a lucrative industry. Learn about why sports betting is so popular, the advantages and disadvantages of participating, and more!   Explore NGPF’s Gambling and Sports Betting Mini-Unit for fully built out lessons and engaging resources to bring to your students!  Interested in more Edpuzzle videos?

Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites after Donald Trump was elected president in a stunning comeback - but some may have to wait to collect their haul.

Around the world, people are betting billions on real life events through online platforms called prediction markets. But as these betting sites have ascende...

It's up 27.5% from the previous year. Answer: $119.84 billion dollars   -------- Questions: What might be some reasons why sports betting has become so popular in recent years? How do you think the widespread availability of online betting platforms has influenced the total amount wagered on sports? In what ways could sports betting impact an individual’s personal finances, both positively and negatively?

Post-debate bets… are now table stakes. A federal judge sided with a New York prediction market that had been fighting regulators over election-related...

People in monetary distress are particularly susceptible.

With the MLB's opening day and NBA's March Madness, experts say they have noticed an alarming rise in debt with teens placing bets online. Valerie Castro speaks to some young gamblers on what they're seeing in their circles, and how popular sports betting has become.

Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't follow suit.

div Following a 2018 ruling of the U.S. Supreme Court, 38 states have legalized sports gambling. We study how this policy has impacted consumer financial hea

We study how the widespread legalization of sports gambling over the past five years has impacted consumer financial health. 1/ — Brett Hollenbeck (@econominable)

ForecastEx will let customers make wagers on future events just by choosing “yes” or “no.”

Teachers' top choice for financial literacy curriculum, games, activities, and industry-leading teacher professional development. Always free.

Question of the Day: How much do Americans spend on lottery tickets each year? $113 Billion

Annie Duke is an author and experienced corporate speaker and consultant on the behavior of decision making. In 2018, Annie’s first book for general audiences, “Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts” was released by Portfolio, an imprint of Penguin Random House.

The arcade chain will let play your friends for cash.

College sports deliver some of the most thrilling moments in athletics. But it's not all fun and games for gambling addicts whose fortunes rise and fall with each contest. Now, as online betting becomes more popular and accessible, college students are increasingly vulnerable to getting hooked, warn

Capitalism is a wondrous human institution for the mutual betterment for all in society. Yet, critics often insist that market systems enable sellers to take advantage of buyers. However, market competition generates the incentives and opportunities to earn profits precisely by not misinforming or cheating the buyer.

Problem gambling among college students is on the rise, driven by a wave of heavily promoted sports betting apps.

AGA’s Commercial Gaming Revenue Tracker provides state-by-state and cumulative insight into the U.S. commercial gaming industry’s financial performance based on state revenue reports.

Sports betting is having an enormous impact on society and it is disproportionately impacting the lives of young men who are less risk-averse and interested in sports.

The gambling policies of the NCAA and major professional sports leagues differ. To get an idea of what's allowed, we break it down by sport to see how they're navigating the evolving American betting scene.

An NCAA-commissioned survey of 18- to 22-year-olds shows more than half acknowledged placing sports wagers and two-thirds of those who live on college campuses saying they engage in betting. The survey results come less than a month after the baseball coach at Alabama and athletes at Iowa and Iowa State were found to have made wagers in violation of NCAA rules. The purpose of the survey was to explore the prevalence of gambling. Thirty-percent of the 3,500 respondents said their typical wager was between $10 and $20. But 6% said they have lost more than $500 in a single day.

NCAA President Charlie Baker is urging states with legal wagering on sporting events to ban betting on individual player performances.

by Brandon Goldstein & Caleb Hoover - April 10, 2024