78% of Canadians have already engaged in sports betting, but are they responsible?
A groundbreaking study conducted by MyBetInfo Canada in collaboration with Opinion Box has mapped out the profile and behavior of Canadian gamblers. This unprecedented research sheds light on the characteristics and tendencies of those who engage in gambling activities in Canada. The in-depth analysis provides valuable insights into the preferences and habits of the Canadian betting community. This comprehensive survey offers a unique perspective on the gambling landscape in the country, presenting a wealth of data that will be of great interest to industry professionals and enthusiasts alike.
The primary focus of the study aimed to ascertain whether Canadian gamblers exhibit responsible behavior in relation to gambling. The main objective was to gain an understanding of how Canadian bettors approach gambling and if they demonstrate a responsible attitude towards it. The research delved into the behaviors and actions exhibited by Canadian gamblers, seeking to determine if they engage in responsible gambling practices. By analyzing the habits and patterns of Canadian bettors, the study aimed to shed light on their overall responsible gaming behavior.
We have also looked into a potential connection between allegations of sports manipulation and the credibility of gambling websites within the country.
Based on the research findings, it has been revealed that a staggering 78% of individuals residing in Canada have participated in various forms of gambling activities, encompassing lotteries, betting establishments, syndicates, and other related avenues.
Out of these figures, 28% recognized signs of anxiety linked to gambling, while 37% ended up losing more money than they had initially intended.
Throughout the text, we highlight the key information gathered from the research. Stay tuned!
Gamblers Worry About Betting Manipulation
Since the end of 2022, the Canadian press has been revealing a series of allegations concerning betting fraud in the Canadian Premier League's A and B series, as well as other regional championships. These reports have brought to light a concerning issue that has shaken the integrity of the national football competitions.
According to the survey, 66% of the population in Canada is actively following the allegations surrounding this matter, and among this group, 47% hold the belief that these allegations have the potential to impact the overall credibility of betting practices.
With the implementation of sports betting regulation, the establishment of oversight bodies is anticipated to prevent further incidents and enforce appropriate measures against those responsible for such wrongdoing. It is expected that these regulatory entities will be dedicated to safeguarding the integrity of sports competitions and ensuring fair play, thereby discouraging any illicit activities that may undermine the trust and credibility of the industry. By imposing stringent regulations and diligently monitoring the betting landscape, these supervisory bodies aim to create a secure environment that promotes transparency and accountability within the realm of sports betting.
78% of gamblers have already been affected by risky behavior.
The survey delved into the key negative experiences encountered by gamblers, revealing the following statistics:
- 37% ended up losing more money than initially planned while gambling or betting.
- 28% experienced significant anxiety while playing or gambling.
- 24% did not tell their family or friends about the activity.
- 8% of the participants expressed feeling frustrated for not being able to play or place bets;
- 8% acquired debts related to gambling.
- 22% has never experienced any of the situations mentioned above.
The research findings have also unveiled a worrisome behavior among gamblers, pointing to potential risks.
Around 54% of the respondents acknowledged incurring debts or seeking loans to fund their gambling endeavors, whereas 51% reported substantial monetary losses or the absence of prescribed limits when placing bets.
Furthermore, 28% acknowledged experiencing anxiety while gambling, and an additional 37% of respondents disclosed exceeding their intended financial losses on bets.
These statistics underscore the importance for BETTING SITES to provide security tools and clear Responsible Gambling policies to the gaming community. It is essential for bookmakers to prioritize the well-being of their customers by implementing robust measures that promote safe and responsible gambling practices. By offering features like deposit limits, self-exclusion options, and mandatory cooling-off periods, betting platforms can play a proactive role in preventing gambling-related harm and fostering a sustainable gaming environment. Additionally, transparent policies on age verification, responsible marketing, and data protection further empower players and build trust within the gambling community.
Nearly half of the respondents (49%) cited the potential for earning additional income as the decisive factor when asked about their reasons for starting to gamble.
Expenses: Over Half Bets $50 or Less
Among those who have chosen to place their bets through sports betting websites or apps, such as Betano, Bet365, and PixBet, 6 out of 10 individuals claim to engage in betting at least once a week. It is evident that a significant portion of the population has embraced the convenience and excitement offered by these platforms, fostering a culture of regular participation in the realm of sports gambling. This trend highlights the growing popularity and accessibility of online betting, as more and more individuals seek to elevate their sports-watching experience and potentially reap financial rewards from their astute predictions.
At least once a month, 8 out of 10 individuals engage in the practice of placing bets.
Even though there is a substantial frequency of betting, the average monthly amount spent by these gamblers is not considered high: over half of the consumers (54%) spend less than $ 50 per month.
Conclusion
The findings unveiled in this study underscore the imperative of establishing a level playing field and a secure environment for Canadian gamblers.
We believe that this process will progress as gambling becomes regulated, and clear guidelines are established on how to deal with fraud cases, as well as the existence of organizations that prevent the occurrence of such illegal activities.
Read the complete research:
Methodology
The survey conducted in collaboration with Opinion Box took place in May 2023. 501 Canadian citizens over the age of 18 were interviewed, encompassing individuals from diverse social classes and residing in all five major regions of the country.
Out of the entire pool of respondents to the survey, 51.5% are male, while 48.5% are female. The study revealed a nearly equal gender distribution, with a slight majority of male participants and a close representation of female participants. The data collected indicates a balanced representation of both sexes in the survey's sample.
The most prevalent age group is 50 years or older, accounting for 25.1% of the responses. Following that, we have individuals between the ages of 30 and 49, making up 21.3% of the respondents. The younger demographic, aged 18 to 29, represents 18.9% of the participants. Additionally, we gathered data from individuals aged 12 to 17, which constituted 12.5% of the survey sample. Lastly, we have the group aged 6 to 11, making up 7.2% of the total responses.
- 23% of gamblers are aged between 30 and 39 years old.
- 18.8% are aged between 40 and 49 years old.
- 16.6% fall within the age range of 16 to 24 years old.
- 16.2% fall within the age bracket of 25 to 29 years.
Declaration of Fair Use
Media organizations interested in utilizing the findings of this research are welcome to do so, on the condition that they include a hyperlink to this study and acknowledge the website MyBetInfo.com as the source of information.
Who we are
Apostas Legais Canada was founded in 2019, offering specialized content on sports and betting.
Our mission is to advocate for responsible gambling and provide Canadians with reliable and up-to-date information about the world of betting and the regulatory process in the country. We strive to foster a culture of responsible gameplay and ensure that individuals have access to accurate resources regarding the industry's regulations within Canada. Our commitment lies in delivering trustworthy insights and supporting a safe and informed betting environment for all.
We provide a comprehensive resource for those seeking to delve deeper into this subject, featuring up-to-date news, guides, tutorials, and reviews of gambling websites. Stay informed with the latest developments, gain valuable insights from our expert advice, and make informed decisions based on our unbiased evaluations of betting platforms. Whether you are a novice or an experienced gambler, our platform offers a wealth of information to enhance your understanding and maximize your chances of success. Stay ahead of the curve and stay informed with our diverse range of content tailored to cater to your gambling needs.
Our brand also covers six other countries, in three different languages: the MyBetInfo group has readers in Canada, Portugal, Peru, Mexico, Chile, and India.
If you are interested in accessing the complete research material on responsible gaming and sports betting fraud, please reach out to our Public Relations specialist, Amanda Breitsameter, via email at [email protected]. She will be more than happy to provide you with the necessary information.
