Online gambling: 1 in 4 place bets every day
The American Psychiatric Association is raising awareness of potential risks in betting online on a daily basis.
March Madness is here, and millions are watching and betting.
The American Gaming Association projects more than $3 billion will be bet on the NCAA men's and women’s basketball tournaments. The explosion of online betting worries some health leaders.
The American Psychiatric Association says 28% of Americans are betting online every day (yes, every day).
Many are starting young, as more than 1 in 3 who bet daily started between the ages of 18 and 25. Some are spending hours betting online.
Sports betting is now available in 38 states and Washington, D.C. More than $121 billion was bet on sports in 2023.
A study in JAMA Internal Medicine says more people are searching for information about gambling addiction. Researchers say online betting and sports betting need more attention.
What are signs of problems? The American Psychiatric Association says betting more than intended could be a sign of a problem. Another warning sign: Lying to loved ones about how much you’re betting.
Those that need help can call the National Council on Problem Gambling: 1-800-GAMBLER. Those feeling distressed can also call 988, the Suicide & Crisis Lifeline.
Check out our deeper dive into online betting and why it’s raising concerns.
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