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How are people betting on sports like the Super Bowl?

Now that all the fuss about the Super Bowl is over, there’s one thing left to report. According to an online company called LendEDU, 60 percent of the nearly 900 people responding to a survey said they had never wagered on sports before it became legalized. And the average bet was $3,911, but the median — the amount in the middle — was only $124. Thirty seven percent of the people said they made money on their bets, 19 percent said they lost, 31 percent said they broke even, and 13 percent told the survey people that it was none of their business. Curiously, LendEDU says that 59 percent of the people who responded said they profited before sports betting became legal in their state — a shout out to the bookies who were plying ...
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