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Sports betting is becoming a more common way for Gen Z to try to grow their money, but financial experts warn that relying on gambling income could leave a gap in their Social Security benefits later in life.

Michael Ryan, a finance expert and founder of MichaelRyanMoney.com, told the publication that the key concern is what the betting money replaced. If it would have gone toward a Roth IRA, 401(k), brokerage account or emergency fund, he said the lost opportunity could mean decades of missed compounding, reported Newsweek on Friday.

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