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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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¡°House Edge¡±
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¡°Bill¡± remembers a night last June when he and some friends were at the Ocean Drive bar in Sea Isle, watching a UFC card. One of the fighters, Mateusz Gamrot, was getting clobbered, but Bill and his pals still put $50 each on him to win at plus-225 (a relative long shot) mid-bout, despite ¡°knowing absolutely nothing about anybody involved.¡± When Gamrot rallied and actually won the fight by decision, their bets paid off $162.50.

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