Awareness of legalized sports betting varies by demographic group. Men are far more likely than women to say they have read or heard at least a little about it (69% vs. 44%). Americans ages 50 and older, those with a college degree and those in upper-income households are also among the groups who are more likely to have read or heard about it.
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Levant says it’s ridiculous to have states, which benefit financially from sports gambling, regulating the industry. He says that while gaming companies may have messaging about betting responsibly, their goal is to make money. The only way to do that is to attract more gamblers who will bet more frequently. “If you’re going to have sports gambling, you can’t have the regulator also be a partner of the companies,” he says.
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Variable RTP used to be relegated to brick-and-mortar casinos and developers. Land-based casinos have been able to choose from different payout percentages for years. This is why the same slot machine game may feel “looser” at one casino vs. another.
This is one way in which football betting is different from the likes of poker and blackjack at the casino. Participation in these card games is more involved since players will need to make choices and react to the game’s progression.
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