Sports betting is now legal in a majority of states (it’s currently legal in 39 states and the District of Columbia, in one form or another, as of this writing), and the number of Americans participating is growing rapidly year over year in this multi-billion dollar business. According to a new NerdWallet survey, 1 in 5 Americans (20%) say they’ve bet on sports (not including dog or horse races) in the past 12 months. This is compared to our December 2023 survey, where we found 12% of Americans had placed a sports bet in the previous 12 months. That’s an increase of about 67%.
The December 2024 survey of more than 2,000 U.S. adults, commissioned by NerdWallet and conducted online by The Harris Poll, asked Americans whether they…