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And expect the relationships between gambling companies and professional sports to grow even closer in the coming years. At Wrigley Field in Chicago, DraftKings is building a sportsbook, and it won’t be long before fans at Citizens Bank Park and Wells Fargo Center have gambling kiosks that allow them to place bets. As technology improves, the speed of in-game betting will increase, allowing bettors to sit at a game and wager on the outcome of the next pitch, shot or play. Media outlets are expanding their gambling coverage and relationships. Every major network has an expert, and betting lines and data are presented before and during game broadcasts, if not on stand-alone betting shows. In July, the Inquirer announced a partnership with Better Collective, a sports media group that will provide gambling content, data and stats through its subsidiary, the Action Network.
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There are no significant differences in self-reported sports betting by educational attainment or household income level. For example, 18% of college graduates say they have bet on sports in some way in the past year, as have 20% of non-college graduates. Similar shares of adults in upper-income (22%), middle-income (19%) and lower-income households (19%) say they have bet on sports in the past year.
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Needless to say, a lot more goes into RAS bets than emoji translations. RAS handicappers are quick to spot -- and evaluate -- impactful news items, although Edward says these days information regularly appears to hit the betting market before it lands on Twitter. But social media remains a valuable tool for RAS, just not in the way one might think.
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