Gamblers Scored Higher on Financial Literacy Tests
A new study found gamblers demonstrated higher financial literacy than non-gamblers across several key metrics.
Updated on Sept. 28, 2026 in Gambling
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The American Gaming Association released a study in September 2026 showing that gamblers scored higher on average than non-gamblers on a financial literacy index. The survey included 3,149 respondents across the United States.
Why it matters
The study aims to address potential risks as prediction markets increasingly present wagering activities as financial investments. Researchers hope to provide better insight into the intersection of responsible gaming and financial knowledge.
Gamblers scored an average of 3.93 on the Big Five financial literacy index, while non-gamblers scored 3.72. The study included 3,149 respondents and utilized a five-question test covering inflation, interest rates, bonds, and mortgages.
The players
American Gaming Association
This is the national trade association for the United States casino gaming industry that advocates for policy and research.
The details
Sports bettors performed particularly well, averaging 4.18 on the Big Five index, while prediction market users averaged 4.05. Both groups performed nearly identically on the 11-question Lipkus Numeracy Scale, which measures mathematical ability.
Timeline
The American Gaming Association published the study in September 2026.
Culture Shift
This study follows a pattern set by the rise of prediction markets as financial investment platforms. It highlights an emerging societal trend where wagering is increasingly analyzed through the lens of individual financial strategy and literacy.
The findings suggest that active gamblers may possess a higher degree of familiarity with financial concepts like inflation and interest rates. Consumers should remain aware that these survey results reflect statistical averages rather than individual financial aptitude.
The takeaway
Understanding the distinction between speculative gambling and traditional financial investment is essential for personal budget management. Readers should rely on verified financial planning resources rather than betting performance when making major economic decisions.
Further reading
For additional context on industry trends, visit the Gambling section.
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