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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 May 28, 2026 at 6:04 PM EST

Key Points

  • Americans are projected to wager $2.82 billion to $3.1 billion on this summer's major soccer event, compared with $1.8 billion in 2022.
  • 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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