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The years-long stagnation of Pennsylvania’s casino market prompted lawmakers last fall to pass a sweeping gambling reform package that paved the way for online casinos and sports gambling, pending the outcome of the Supreme Court case. In mid-May, the highest court in the land ruled to give states the right to legalize sports books, whether online or brick-and-stick.
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Out of over 4,000 online casino gamblers examined, the median betting frequency over a period of nine months was once every two weeks, with a median outcome of around a 5.5 percent loss of all money wagered. One analysis of the roughly 40,000 sports bettors examined determined that participants placed a median of 2.5 bets of $5.50 every fourth day. And researchers at the University of Hamburg, in a study intended in part to supplement some of the work accomplished by the Harvard Medical School, found that from the over two million online poker identities they observed over a period of six months, the median player played only 4.88 hours and most players paid less than a dollar in rake fees per hour per table. (The separate studies placed emphasis on the median values, as they derived that the small group of intense gamblers drove up the mean values considerably.)
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