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Who Bets on Sports? Characteristics of Sports Bettors and the Consequences of Expanding Sports Betting Opportunities/¿Quién apuesta? Características de los apostantes deportivos y consecuencias de la expansión de las oportunidades de apostar

Author

Listed:
  • HUMPHREYS, BRAD R.

    () (Department of Economics, UNIVERSITY OF ALBERTA, CANADA.)

  • PEREZ, LEVI

    () (Departamento de Economía, UNIVERSIDAD DE OVIEDO, Fundación Observatorio Económico del Deporte, ESPAÑA.)

Abstract

Currently, several proposed changes in sports betting laws are being debated in the United States and the European Union. This article examines the characteristics of sports bettors in three countries, Canada, Spain, and the United Kingdom, to determine who bets on sports in environments where this activity is both legal and popular. Uncondi¬tional and conditional analyses find that annual participation rates in sport betting are low, and that sport bettors tend to be young males with relatively high incomes. Sports bettors stand to gain the most from an expansion of legal sports betting opportunities, while the negative impacts of increased access to sports betting are expected to be mini¬mal in the United States and difficult to assess in the European Union. Actualmente, un importante número de cambios en la legislación del mercado de apuestas deportivas están siendo debatidos tanto en Estados Unidos como en la Unión Europea. En este artículo se examinan las características socio-económicas de los apostantes deportivos en Canadá, España y el Reino Unido con el objeto de determinar el perfil de estos jugadores en contextos donde está actividad es legal y muy popular. El análisis empírico muestra que la fre¬cuencia de participación en este mercado es baja y que el perfil de los apostantes tiende a ser el de un hombre joven con ingresos relativamente altos. Se concluye que los propios apostantes serían los potenciales beneficiarios de una expansión de las oportunidades de apostar, mientras que el impacto negativo de esta liberalización se espera sea mínimo en Estados Unidos y difícil de calcular en la Unión Europea.

Suggested Citation

  • Humphreys, Brad R. & Perez, Levi, 2012. "Who Bets on Sports? Characteristics of Sports Bettors and the Consequences of Expanding Sports Betting Opportunities/¿Quién apuesta? Características de los apostantes deportivos y consecuencias de la ," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 30, pages 579-598, Agosto.
  • Handle: RePEc:lrk:eeaart:30_2_10
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    References listed on IDEAS

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    1. Jeffery Borland, 2003. "Demand for Sport," Oxford Review of Economic Policy, Oxford University Press, vol. 19(4), pages 478-502, Winter.
    2. Levi Pérez & Brad R. Humphreys, 2011. "The Income Elasticity of Lottery: New Evidence from Micro Data," Public Finance Review, , vol. 39(4), pages 551-570, July.
    3. David Forrest, 2003. "Sport and Gambling," Oxford Review of Economic Policy, Oxford University Press, vol. 19(4), pages 598-611, Winter.
    4. Raymond D. Sauer, 2001. "The political economy of gambling regulation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 22(1-3), pages 5-15.
    5. Farrell, Lisa & Walker, Ian, 1999. "The welfare effects of lotto: evidence from the UK," Journal of Public Economics, Elsevier, vol. 72(1), pages 99-120, April.
    6. Andrew C. Worthington, 2001. "Implicit Finance in Gambling Expenditures: Australian Evidence on Socioeconomic and Demographic Tax Incidence," Public Finance Review, , vol. 29(4), pages 326-342, July.
    7. Jaume García & Leví Pérez & Plácido Rodríguez, 2008. "Football Pool Sales: How Important Is a Football Club in the Top Division?," International Journal of Sport Finance, Fitness Information Technology, vol. 3(3), pages 167-176, August.
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    More about this item

    Keywords

    Apuestas deportivas; regulación del juego; oportunidades ; Sport Betting; Gambling; Regulation; Opportunities.;

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • K29 - Law and Economics - - Regulation and Business Law - - - Other
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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