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Sports Betting vs. Investing: What Really Grows Your Cash?

Short answer: Sports betting usually loses money. Saving and investing, while less exciting and adrenaline-pumping, are far more reliable ways to grow your money over time, according to historical data.

By Jack CaporalUpdated Jan 30, 2026 at 12:26 PM EST
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Key Points

  • February 2026's sports betting is expected to reach $1.7 billion, with sportsbooks earning $100 million.
  • The average sports bettor loses 6% per bet, roughly $6 for every $100 wagered.
  • Long-term financial gains are more likely through consistent investing in index funds or stocks.

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