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Ferdi Botha, Senior Research Fellow, Melbourne Institute: Applied Economic & Social Research, The University of Melbourne

The rate of sports betting has surged more than 57% – and younger people are betting more

Australia already has the highest gambling losses globally. Now, new data show that between 2015 and 2022, the number of Australian men involved in sports betting has increased substantially. And for younger men, the rate of betting has surged more than 60%.

The latest data from the comprehensive Household, Income and Labour Dynamics in Australia (HILDA) Survey shows that in 2015, 5.9% of all men bet on sports. By 2022, 9.3% of men did. This represents a 57.6% increase in seven years. And among men who gamble, almost a quarter bet on sports, up from 14% in 2015.

The HILDA survey follows about 17,000 people every year and collects information on various aspects of their lives. The survey asked several questions in 2015, 2018, and 2022 related to gambling – including gambling types, spending, and gambling harm.

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