Gambling and investing are closer than ever for young investors. Here's how to protect your portfolio from your sportsbook.

A recent survey by financial services firm Betterment found that 26% of Gen Z investors view sports betting as part of their long-term financial strategy, and 52% have redirected money intended for long-term investments toward sports betting. The survey included 250 Gen Z respondents. Behavioral finance expert Daniel Crosby offers advice on recognizing when investing crosses into gambling and protecting portfolios.

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