'It's not gambling for those who are educated': Meet the sports bettors trying to turn their wagers into long-term wealth

Business Insider | 27-09-2026 11:32am |

Some young people view sports betting as an alternative to stock market investing, using strategies common among professional traders to improve their odds. Bill Collins, who first attended Gamblers Anonymous at 18 after losing over $1,000, now makes a living from sports betting and identifies as a sharp. In August, he made $12,656 from sports betting, a gain of more than 8% on his bets, according to screenshots of his accounts.

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