Sports Betting vs. Day Trading: Why Your Brain Can't Tell the Difference

Key Takeaways Neuro‑imaging studies find that sports betting and day trading trigger the same dopamine pathways in the brain’s reward center.Variable rewards, illusions of skill, and loss‑chasing can ... Read More

Why Your Brain Might Be Wired to Lose Money Sports Betting—and How This Applies to Your Investments

Research shows only 2% to 5% of sports bettors generate half of sportsbook profits. Learn how the same dopamine traps affect your investment decisions and portfolio returns. Read More

Robinhood Tries to Rebrand Sports Betting as Investing

Robinhood has gotten a reputation as a platform where people make wildly speculative investments without sufficient guardrails. So it’s only right that it’s getting into the sports betting business. Read More

Sports Betting Is Blowing Up - Psychology Today

Since the U.S. Supreme Court struck down a federal ban on sports betting in May of 2018, 38 states and Washington, DC, now allow it—with more soon to follow. States like the tax revenue it ... Read More

NHL betting guide 2025: What to know about betting on NHL

When betting on series winners, users can also bet on the exact outcome (i.e., Stars to def. Avalanche in five games). That bet only cashes if the team wins the series in that exact number of games. Read More

Sports Betting Can Be a Gamble for Your Financial Health

October 09, 2024 — 09:44 am EDT Written by Sam Taube for NerdWallet -> ... Read More

Is Sports Betting The New Threat To Your Financial Wellness? - Forbes

Along with America’s love affair with sports, another related industry has reached a new high. The legal sports betting industry in the United States has experienced significant growth in the ... Read More

Sports betting is everywhere, so why is the black market still ... - Yahoo

Legal sports betting was supposed to put the black market out of business. Instead, even as regulated sportsbooks have become an ubiquitous part of the U.S. sports landscape, unsanctioned ... Read More

Why sports betting is big business and how it's problematic | News ...

MEMPHIS, Tenn. - Since sports betting started in Tennessee in 2020, the state has raked in nearly $300 million in tax revenue. The state taxes online sports books at 1.85 percent of all bets made. Read More

Why Your Brain Might Be Wired to Lose Money Sports Betting—and ... - MSN

Fact checked by Stella Osoba Legal sports betting is growing rapidly, but the odds are stacked in the house’s favor for a reason. Recent state-level audits and global academic studies show that ... Read More