58% of poll participants supported authorized professional sports betting in their native state, in contrast to those who opposed collegiate sports betting.
New research that examined why bettors fill brackets and whether they support legal betting on college and professional sports in their state focuses mostly on the recent onset of March Madness.
The Associated Press-NORC Center for Public Affairs Research recently released a research that found some intriguing patterns in US betting activity.
While most bettors oppose college sports wagering, they do support professional sports wagering.
It’s interesting to note that the vast majority of respondents supported the possibility of legal sports betting on professional sports within their state. A majority of 58% of respondents agreed with betting on professional sports when asked whether they thought gambling on any of the following should be permitted in their state.
Conversely, 41% of the respondents who took part in the survey said that their state did not allow legal professional sports betting.
College sports betting was the subject of the most recent survey. The majority of respondents opposed betting on collegiate sports, in contrast to the outcome for professional sports.
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Approximately 55% of the respondents surveyed said they opposed legal college sports betting. On the other hand, 43% of respondents supported college sports betting.
Additional intriguing results from the recent survey revealed that 37% of participants bet on sports regularly or sporadically. However, a resounding majority of 63% acknowledged that they have never wagered on professional or collegiate sports.
The greatest incentives to enter a March Madness Bracket are the pride of winning and the potential for financial gain.
Regarding March Madness, the majority of respondents (56%) agreed that it is gambling to enter a March Madness bracket. The amount wagered determines whether or not such an activity qualifies as gambling. Twenty-two percent said this, whereas twenty-one percent said they did not consider March Madness pools to be gambling.
“People who participate in March Madness brackets have a variety of motivations. The glory of winning and cash are the most popular motivators, followed by peer pressure and school spirit. Most people consider entering a March Madness bracket pool for money to be gambling, although 2 in 10 say it depends on how much money is on the line,“reads the new poll from The Associated Press-NORC Center for Public Affairs Research
The incentive of bettors to complete a March Madness bracket was the main topic of the recent survey. About 27% of respondents were driven by the possibility of earning money, while 33% cited the excitement of winning as a primary incentive for completing a March Madness bracket.
However, 23% of the respondents cited this as the main reason why some gamblers participated: other bettors were also filling up brackets. 16% of the respondents stated that supporting a certain team or school is the primary reason they are entering a March Madness bracket.
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