Sports betting is becoming a pastime around the world, with sports fans of all ages and identities enjoying the ability to wager on events with the chance to profit on their favorite teams and leagues. But among the sea of sports bettors that are out there, which group tends to bet the most? While there is no concrete data that lists the number of sports bettors that exist by age, there are a few factors to consider that can give us an idea of which age group is the most betting-happy when it comes to sports wagering. Understanding how the current sports betting landscape is set up, combined with what makes sports betting so appealing in the first place and what the rules are pertaining to sports betting in Canada, can illuminate the age ranges that tend to be the most actively involved with placing bets on sporting events.
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Rules skew toward younger generation
As is often the case with sports betting, the rules that surround the industry in a given location can have a lot to do with who ends up placing bets the most frequently. In Canada, this is no exception, as the current state of the industry has a lot to do with the amount of players who take part in the act of betting.
In Canada, single-game sports betting isn’t possible on an in-person basis due to rules throughout the provinces in the country. As a result, online betting is the only current way to take part in such betting. And given the fact that the use of the internet as a whole tends to skew younger, it stands to reason that younger bettors are the ones who are going a good amount of online wagering.
Estimates have said that about a quarter of online betting is done by players between the ages of 21 and 34, with a little less than that being done by bettors aged 35-54. Those age splits are interesting, given that bettors tend to have more money as they get older and more established in their careers. But in terms of factoring in recreational bettors and those who have been willing to give online betting a try, it has been a young person’s game so far.
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Could the activity endure?
As the potential for the clearance of single-game sports betting could be coming in Canada, that would open up the opportunity for bettors to place wagers in person the way that they are currently able to do so online. And if that were to take place, it is entirely possible that the sports betting industry as a whole could start to skew older in Canada.
The reason for that would be that older bettors tend to enjoy going to brick and mortar wagering establishments such as casinos or sportsbooks to place their bets. Similar to how patrons of physical banks tend to be older, that shift could be very interesting in the overall arc of sports betting in Canada and if you are interested in sports betting, why don`t you have a look at the following sites?
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