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26% of Gen Z use sports betting as part of their investing strategy

26% of Gen Z use sports betting as part of their investing strategy

00:00 Speaker A

a study that Betterment came out with that was getting a lot of attention, um that said that about 26% of Gen Z investors

00:08 Speaker A

use sports betting as part of their investment allo allocation, like their asset allocation, part of it is sports betting and I I don’t know if they put prediction markets into this too. I imagine they did.

00:20 Speaker A

That is a shocking, shocking number that you would deploy some of your capital instead of putting it in the markets or in real estate or whatever. Like, what does that say about where we’re at?

00:33 Speaker A

I mean where those people are going to be when they need to retire.

00:35 Speaker B

100%. Look, I think…

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