# Sports Betting Is Not Investing

Page: https://stenobird.com/podcast/money-for-the-rest-of-us-511107/sports-betting-is-not-investing
Text version: https://stenobird.com/podcast/money-for-the-rest-of-us-511107/sports-betting-is-not-investing.md
Podcast: [Money For the Rest of Us](https://stenobird.com/podcast/money-for-the-rest-of-us-511107)
Published: 2025-11-12T14:00:00+00:00
Episode link: https://rss.art19.com/episodes/5f7dc937-9830-49e4-b9a1-0bdb8ebfbece.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
Audio file: https://rss.art19.com/episodes/5f7dc937-9830-49e4-b9a1-0bdb8ebfbece.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0
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JSON: https://stenobird.com/v1/public/podcasts/money-for-the-rest-of-us-511107/episodes/sports-betting-is-not-investing
Duration seconds: 1237

## Resource

Can you really make money sports betting on low-risk, high-probability events? Topics covered include: The growing size and influence of the U.S. sports betting market Recent sports betting scandals How sports betting odds work An intriguing low-risk approach to sports betting Why the low-risk sports betting approach is still gambling with a negative expected return Behavioral biases that encourage sports betting Revisiting the difference between investing, speculating, and gambling Episode Sponsor Delete Me – Use code David20 to get 20% off Insiders Guide Email Newsletter Get our  free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes https://info.lowstressbets.com/ How Do Betting Odds Work? by OC Staff—oddschecker Senate Commerce Committee Wants Answers on NBA Gambling Scandal—Senate Commerce Committee "US sports betting crisis grows as MLB’s Clase and Ortiz indicted over alleged rigged pitches" by Tom Lutz—The Guardian ESPN Will Not Let Failure Push It Out Of The Gambling Business by Chris Thompson—Defector 22% of All Americans, Half of Men 18-49, Have Active Online Sports Betting Account—Siena University Research Institute A Review of Sports Wagering & Gambling Addiction Studies Executive Summary—National Council on Problem Gambling How sports gambling took over prediction markets in the US by Sam Learner, Oliver Roeder and George Steer—The Financial Times  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

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## Transcript

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