Sports betting can be a gamble for your financial health

A breakdown of the important differences between sports betting and investing.

The betting line and some of the nearly 400 proposition bets for Super Bowl 50 between the Carolina Panthers and the Denver Broncos are displayed at the Race & Sports SuperBook at the Westgate Las Vegas Resort & Casino on February 2, 2016 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

By Nerdwallet | wordpress@medianewsgroup.com | NerdWallet

UPDATED: October 18, 2024 at 1:09 PM PDT

A breakdown of the important differences between sports betting and investing.

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Originally Published: October 18, 2024 at 12:58 PM PDT

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