On average, race betting accounted for half of their total typical monthly gambling outlay. Most race bettors had been males and aged between 30 and 64. Their typical monthly expenditure on race betting amounted to $1,300 every over the yr. The average regular race bettor spent $179 on gambling in a typical month of 2015, which amounted to $2,146 over the yr. Three Just over half of this, $1,308, was spent on race betting. Nearly one million Australians 975,000 gambled on horse or canine races in 2015.2 They represented 5.6% of Australian adults, or 14% of those who gambled in a typical month i.e., regular gamblers. These findings were derived from an analysis of the 2015 Household, Income and Labour Dynamics in Australia HILDA Survey.1 The HILDA Survey is designed so that findings can be generalized to the Australian adult inhabitants.
Amongst other issues, survey knowledge tells us that in 2015, nearly one million Australians frequently gambled on horse and canine racing. In 2015, 41% of all regular race bettors-403,000 adults skilled several gambling-related problems.5 That’s their gambling behavior brought on or put them vulnerable Hoki Slot 777 to issues.5 This was more than double the rate amongst common gamblers nationally. This made it the fourth-most popular regular gambling exercise after lotteries, scratch tickets, and electronic gaming machines EGMs, aka “pokies”. One of the many objectives of criminals who generate revenue from criminal activity is to launder their proceeds using our financial methods to make the funds seem reputable. This Analysis Summary particulars findings on race betting exercise in Australia. Race betting was often one of the many gambling activities that race bettors regularly gambled on.
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