‘Sports Betting Isn’t Just A Little Hobby,’ Says Dave Ramsey. He Believes It’s An Addiction That’s Ruining Families—’The House Always Wins’

The U.S. sports betting industry made a record-breaking $13.71 billion last year, up from $11.04 billion the year before. According to the American Gaming Association, legal sportsbooks handled nearly $150 billion in bets—23.6% more than in 2023—with an average win rate of 9.3% for the house.

A Booming Industry with No Signs of Slowing Down

Even states that already allowed sports betting saw big increases, with Massachusetts making 40% more money and Maryland making 23% more. By early 2025, 38 states and Washington, D.C., had legalized some type of sports betting, and Missouri is expected to start later this year.

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Dave Ramsey Sounds the Alarm on Gambling Addiction

While many people are excited about the record-breaking numbers in sports betting, financial …

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