{"id":387959,"date":"2025-03-11T13:26:58","date_gmt":"2025-03-11T13:26:58","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=387959"},"modified":"2025-03-11T13:26:58","modified_gmt":"2025-03-11T13:26:58","slug":"how-gen-z-gamblers-change-betting-markets-forever","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/how-gen-z-gamblers-change-betting-markets-forever","title":{"rendered":"How Gen Z Gamblers Change Betting Markets Forever"},"content":{"rendered":"<p>The Zoomers have entered the casino and they&#8217;re starting to make their mark. Digital native, social, mobile first. They gamble <a href=\"https:\/\/www.nerdwallet.com\/article\/investing\/2024-gambling-survey\" target=\"_blank\">more than their predecessors<\/a> but tend to be <a href=\"https:\/\/goknit.com\/resources\/blog\/alright-bet-comparing-millennials-amp-gen-zs-betting-habits-strong\" target=\"_blank\">strategic when they do<\/a>. The <a href=\"https:\/\/www.statista.com\/outlook\/amo\/esports\/esports-betting\/worldwide\" target=\"_blank\">surge in esports betting<\/a> announced their arrival. Now a clear demographic profile is emerging.<\/p>\n<p>Gen Z gamblers are <strong>methodical, cynical, ethics-aware, and demanding<\/strong>. When they win, they want instant payout \u2013 in the cryptocurrency of their choosing. They grew up playing video games and expect the same array of choice, but if the experience isn&#8217;t immersive and instantly rewarding, they&#8217;ll log off. There&#8217;s always another iGaming app, and another one after that, and another one after that.<\/p>\n<p>Zoomers are gambling&#8217;s future. How will their preferences, choices, and attitudes change it?<\/p>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2><span id=\"key_takeaways\">Key Takeaways<\/span><\/h2>\n<ul>\n<li>People born between 1997 and 2012 have turned out to be enthusiastic gamblers, betting more than Millenials and generally embracing the betting life.<\/li>\n<li>But Gen Z does gambling differently. They&#8217;re more responsible and treat wagers as a kind of investment.<\/li>\n<li>Their formative experiences as video gamers heavily influence their choices.<\/li>\n<li>Gen Z gamblers are digital native, mobile first, highly social, strategic, and ethical.<\/li>\n<li>As Gen Z bettors inch closer to their highest earning years, igaming marketers need to understand how the next generation of casino customers thinks, bets, spends, and behaves.<\/li>\n<\/ul>\n<\/div><\/div>\n<div>\n    <section class=\"toc-sticky w-100 bg-white \">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\"\n                 aria-controls=\"multiCollapse1\"\n                 data-bs-target=\"#multiCollapse1\">\n                <button\n                        class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\"\n                >\n                    <i class=\"icon-chevron-up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n                <span class=\"toc-main-title-permanent\">Table of Contents<\/span>\n            <\/div>\n            <div\n                    class=\"collapse my-3\"\n                    id=\"multiCollapse1\"\n            >\n                <ol class=\"StepProgress\">\n                                                                        <li class=\"StepProgress-item current\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"key_takeaways\"\n                               onclick=handleScrollToTitle(\"key_takeaways\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Key Takeaways<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"profiling_the_zoomer_bettor\"\n                               onclick=handleScrollToTitle(\"profiling_the_zoomer_bettor\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Profiling the Zoomer Bettor<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"gen_z_does_gambling_different\"\n                               onclick=handleScrollToTitle(\"gen_z_does_gambling_different\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Gen Z Does Gambling Different<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_bottom_line\"\n                               onclick=handleScrollToTitle(\"the_bottom_line\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Bottom Line<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"faqs\"\n                               onclick=handleScrollToTitle(\"faqs\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"references\"\n                               onclick=handleScrollToTitle(\"references\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">References<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                    <\/ol>\n                <div class=\"toc-sticky__container__disperse\"><\/div>\n                <div class=\"toc-sticky__btn-top justify-content-center\">\n                    <button class=\"btn btn-link d-flex align-items-center\" onclick={btnTop()}><p>Show Full Guide<\/p><img decoding=\"async\"\n                                src=\"\/wp-content\/plugins\/table-of-contents\/assets\/images\/arrow-up-circle.svg\"\n                                alt=\"arrow-up-circle\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n    <div class=\"toc-sticky-list\">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\" aria-controls=\"multiCollapse2\" data-bs-target=\"#multiCollapse2\">\n                <button class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\">\n                    <i class=\"icon-chevron-up up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n            <\/div>\n            <div  class=\"collapse my-3\" id=\"multiCollapse2\">\n                <ol class=\"StepProgress\">\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item current \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"key_takeaways\"\n                                   onclick=handleScrollToTitle(\"key_takeaways\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Key Takeaways<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"profiling_the_zoomer_bettor\"\n                                   onclick=handleScrollToTitle(\"profiling_the_zoomer_bettor\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Profiling the Zoomer Bettor<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"gen_z_does_gambling_different\"\n                                   onclick=handleScrollToTitle(\"gen_z_does_gambling_different\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Gen Z Does Gambling Different<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t\n\t\t\t\t\t\t <span class=\"show_moretoc\">Show Full Guide<\/span>\n\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_bottom_line\"\n                                   onclick=handleScrollToTitle(\"the_bottom_line\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Bottom Line<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"faqs\"\n                                   onclick=handleScrollToTitle(\"faqs\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">FAQs<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"references\"\n                                   onclick=handleScrollToTitle(\"references\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">References<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                                    <\/ol>\n            <\/div>\n            <div class=\"toc-sticky__container__disperse\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script id=\"toc-js\">\n    window.addEventListener(\"DOMContentLoaded\", () => {\n        const header = document.querySelector(\".header_wrapper\");\n\n        const pageLegend = document.querySelector('#multiCollapse1');\n        const pageLegendList = document.querySelector('#multiCollapse2');\n        const pageLegendCollapse = new bootstrap.Collapse(pageLegend, {toggle: document.querySelector(\".toc-sticky\").classList.contains('sticky')});\n\n 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For Gen Z, old-school games lose their appeal quickly \u2013 unless they&#8217;re crypto-friendly, re-imagined for touchscreens, fully social, multiplayer, and lag-free.<\/p>\n<p>The 18-34 crowd is more likely to use a sportsbook app on their smartphone and wager on their favourite team in a match of <i>League of Legends<\/i>. When they do use an iGaming app they swipe straight past the established options to find a new mine or crash game.<\/p>\n<p>A 2024 report by specialist gambling consultancy Eilers &amp; Krejcik notes that Gen Z gamblers are &#8220;<strong>growing up in a gambling 3.0 world<\/strong>, where crossover between streaming sites, video games, mobile games and crypto gambling sites is increasingly common.&#8221;<\/p>\n<p>How that translates into behaviors and new gaming formats is the big question gambling leaders are trying to answer.<\/p>\n<blockquote class=\"instagram-media\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DFB3CHiv53R\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\">\n<div style=\"padding: 16px;\">\n<p><a href=\"https:\/\/www.instagram.com\/p\/DFB3CHiv53R\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\"background: #FFFFFF; line-height: 0; padding: 0 0; text-align: center; text-decoration: none; width: 100%;\" target=\"_blank\" rel=\"noopener\"> <\/a><\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><svg width=\"50px\" height=\"50px\" viewbox=\"0 0 60 60\" version=\"1.1\" xmlns=\"https:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"https:\/\/www.w3.org\/1999\/xlink\"><g stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\"><g transform=\"translate(-511.000000, -20.000000)\" fill=\"#000000\"><g><path d=\"M556.869,30.41 C554.814,30.41 553.148,32.076 553.148,34.131 C553.148,36.186 554.814,37.852 556.869,37.852 C558.924,37.852 560.59,36.186 560.59,34.131 C560.59,32.076 558.924,30.41 556.869,30.41 M541,60.657 C535.114,60.657 530.342,55.887 530.342,50 C530.342,44.114 535.114,39.342 541,39.342 C546.887,39.342 551.658,44.114 551.658,50 C551.658,55.887 546.887,60.657 541,60.657 M541,33.886 C532.1,33.886 524.886,41.1 524.886,50 C524.886,58.899 532.1,66.113 541,66.113 C549.9,66.113 557.115,58.899 557.115,50 C557.115,41.1 549.9,33.886 541,33.886 M565.378,62.101 C565.244,65.022 564.756,66.606 564.346,67.663 C563.803,69.06 563.154,70.057 562.106,71.106 C561.058,72.155 560.06,72.803 558.662,73.347 C557.607,73.757 556.021,74.244 553.102,74.378 C549.944,74.521 548.997,74.552 541,74.552 C533.003,74.552 532.056,74.521 528.898,74.378 C525.979,74.244 524.393,73.757 523.338,73.347 C521.94,72.803 520.942,72.155 519.894,71.106 C518.846,70.057 518.197,69.06 517.654,67.663 C517.244,66.606 516.755,65.022 516.623,62.101 C516.479,58.943 516.448,57.996 516.448,50 C516.448,42.003 516.479,41.056 516.623,37.899 C516.755,34.978 517.244,33.391 517.654,32.338 C518.197,30.938 518.846,29.942 519.894,28.894 C520.942,27.846 521.94,27.196 523.338,26.654 C524.393,26.244 525.979,25.756 528.898,25.623 C532.057,25.479 533.004,25.448 541,25.448 C548.997,25.448 549.943,25.479 553.102,25.623 C556.021,25.756 557.607,26.244 558.662,26.654 C560.06,27.196 561.058,27.846 562.106,28.894 C563.154,29.942 563.803,30.938 564.346,32.338 C564.756,33.391 565.244,34.978 565.378,37.899 C565.522,41.056 565.552,42.003 565.552,50 C565.552,57.996 565.522,58.943 565.378,62.101 M570.82,37.631 C570.674,34.438 570.167,32.258 569.425,30.349 C568.659,28.377 567.633,26.702 565.965,25.035 C564.297,23.368 562.623,22.342 560.652,21.575 C558.743,20.834 556.562,20.326 553.369,20.18 C550.169,20.033 549.148,20 541,20 C532.853,20 531.831,20.033 528.631,20.18 C525.438,20.326 523.257,20.834 521.349,21.575 C519.376,22.342 517.703,23.368 516.035,25.035 C514.368,26.702 513.342,28.377 512.574,30.349 C511.834,32.258 511.326,34.438 511.181,37.631 C511.035,40.831 511,41.851 511,50 C511,58.147 511.035,59.17 511.181,62.369 C511.326,65.562 511.834,67.743 512.574,69.651 C513.342,71.625 514.368,73.296 516.035,74.965 C517.703,76.634 519.376,77.658 521.349,78.425 C523.257,79.167 525.438,79.673 528.631,79.82 C531.831,79.965 532.853,80.001 541,80.001 C549.148,80.001 550.169,79.965 553.369,79.82 C556.562,79.673 558.743,79.167 560.652,78.425 C562.623,77.658 564.297,76.634 565.965,74.965 C567.633,73.296 568.659,71.625 569.425,69.651 C570.167,67.743 570.674,65.562 570.82,62.369 C570.966,59.17 571,58.147 571,50 C571,41.851 570.966,40.831 570.82,37.631\"><\/path><\/g><\/g><\/g><\/svg><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a href=\"https:\/\/www.instagram.com\/p\/DFB3CHiv53R\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" target=\"_blank\" rel=\"noopener\">A post shared by 19keys (@19_keys)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>In an interview with the <i>Token Word<\/i> industry newsletter, <strong>Nigel Eccles, founder of FanDuel and co-founder of crypto-based betting firm BetHog<\/strong>, <a href=\"https:\/\/thetokenwordio.substack.com\/p\/brave-new-world\" target=\"_blank\">said<\/a> traditional games like slots are &#8220;not the Gen Z audience&#8217;s thing.&#8221;<\/p>\n<p>BetHog is responding by building games of its own, he added, which blend gamification with social interaction. &#8220;That&#8217;s the opportunity,&#8221; Eccles said.<\/p>\n<h2><span id=\"gen_z_does_gambling_different\">Gen Z Does Gambling Different<\/span><\/h2>\n<p>How do Zoomers differ from their predecessors? In 2025, here&#8217;s what you need to know:<\/p>\n<h3>They&#8217;re Social Gamblers<\/h3>\n<p>A survey by Whistle Wise found that <a href=\"https:\/\/teamwhistle.com\/assets\/Downloads\/whistle-wise-x-place-your-bets-1615318490.pdf\" target=\"_blank\">53% of Gen Z bettors participate in gambling with friends or family<\/a>, versus just 34% of Millennials. Flip the question around, and only 40% of Gen Z bettors said they sometimes bet alone compared to 55% of Millennials.<\/p>\n<p>In-person or online, <strong>Gen Z sees gambling as something to be done with peers<\/strong>. Sharing experiences gives them more value.<\/p>\n<p>That&#8217;s why they&#8217;re drawn to <strong>social betting, multiplayer games, and live-streamed casino games<\/strong> where they can bluff and interact with others. A sense of community is achieved with in-game group chat and seamless options for sharing experiences on social media.<\/p>\n<h3>They&#8217;re Very Crypto Friendly<\/h3>\n<p>Gen Z is the most enthusiastic adopter segment for cryptocurrencies, accounting for <a href=\"https:\/\/pmc.ncbi.nlm.nih.gov\/articles\/PMC10907656\/\" target=\"_blank\">nearly 60%<\/a> of crypto users. Figures from Blockonomi show crypto transactions now account for <a href=\"https:\/\/blockonomi.com\/crypto-gambling-stats\/\" target=\"_blank\">more than 30%<\/a> of global betting handle \u2013\u00a0up from 20% in 2022 \u2013 and over 40% of crypto bets are placed by Gen Z players.<\/p>\n<p>Crucially for marketers, data from SOFTSWISS suggest crypto bets tend to be <a href=\"https:\/\/paymentexpert.com\/2024\/05\/17\/crypto-betting-double-fiat\/\" target=\"_blank\">double the value<\/a> of bets made in fiat currencies. Cryptocurrencies also lend themselves to new loyalty program formats, <a href=\"https:\/\/www.techopedia.com\/why-nfts-are-perfect-for-crypto-web3-casinos\">blockchain-based rewards using NFTs<\/a>, and exclusive games and content.<\/p>\n<h3>They Treat Betting Like Investing<\/h3>\n<p>&#8216;Cooler heads prevail&#8217; is the attitude that characterizes Gen Z&#8217;s approach to betting. Eschewing the thrill of pure risk-taking, they tend to treat gambling like <a href=\"https:\/\/www.nerdwallet.com\/article\/investing\/2024-gambling-survey\" target=\"_blank\">investing<\/a>. In an echo of when fast broadband connections opened up forex markets to retail traders, Gen Z bettors have loads of trend data, analysis, and commentary at their disposal. They can work out implied odds and enter into bets with a plan to come out on top.<\/p>\n<p>Whistle Wise found that <strong>70% of Zoomers wager with a clear strategy in mind<\/strong> \u2013 almost 20% more than the 52% of Millennials who said the same.<\/p>\n<p>They&#8217;re also more comfortable calling their bets a form of entrepreneurship. A full 70% said they look at sports gambling in particular as a kind of entrepreneurship; another echo of currency trading where the portfolio &#8216;is&#8217; the business.<\/p>\n<h3>They&#8217;re Not Passive Observers<\/h3>\n<p>Whether sports betting or casino games, Gen Z isn&#8217;t content with &#8216;have a go and hope&#8217; games like slot machines or roulette. They prefer games that require skill and strategy, where their actions can directly influence the outcome.<\/p>\n<p>For that reason, esports betting, fantasy sports, and mine and crash games are popular with Gen Z gamblers. They require more direct involvement from players than luck of the draw in cards and traditional games of chance.<\/p>\n<p>The desire for connection also manifests in a <strong>preference for immersive digital experiences<\/strong>. New Web3 gaming formats like <a href=\"https:\/\/www.techopedia.com\/virtual-reality-vr-casino-future\">virtual reality<\/a> (VR) and augmented reality (AR) can offer 3D casino environments and more lifelike player avatars, as well as video, music, art, and more rounded social interaction than voice and text.<\/p>\n<h3>They&#8217;re Responsible<\/h3>\n<p><strong>Zoomers display a higher degree of awareness<\/strong> about the potential negatives of gambling than preceding generations. A recent blog by the <a href=\"https:\/\/www.acgcs.org\/articles\/compliance-considerations-for-gen-z-casino-and-igaming-patrons\" target=\"_blank\">Association of Certified Gaming Compliance Specialists<\/a> (ACGCS) notes that they &#8220;value authenticity and transparency in the brands they support, favoring companies that demonstrate a commitment to social responsibility and ethical business practices.&#8221;<\/p>\n<p>They understand the value of mental health and worry about <a href=\"https:\/\/www.techopedia.com\/gambling-addiction-statistics\">gambling addiction<\/a>, making them more likely to support the use of responsible gambling tools like daily limits, time tracking, and self-exclusion tools.<\/p>\n<p>Despite self-identifying more readily as &#8216;gamblers,&#8217; Gen Z tend to bet in moderation, making smaller individual bets than Millenials.<\/p>\n<h2><span id=\"the_bottom_line\">The Bottom Line<\/span><\/h2>\n<p>High frequency, high value, and highly likely to out themselves as &#8216;gamblers,&#8217; Zoomers are displaying all the signs of a highly sought-after demographic-to-be. As age and income brackets mature, will Gen Z be the generational bullpen for a wave of igaming high rollers? Brands that win their affections now could see extended long-term rewards.<\/p>\n<p>Caveat that by noting how many industries have discovered that &#8216;loyalty&#8217; and &#8216;digital-native&#8217; are <a href=\"https:\/\/www.forbes.com\/councils\/forbesagencycouncil\/2022\/08\/10\/3-things-you-need-to-know-about-gen-z-and-brand-loyalty\/\" target=\"_blank\">mutually exclusive terms<\/a>. Perhaps just keeping up with Zoomers&#8217; changing preferences and shifting attention spans is enough to play for.<\/p>\n<h2><span id=\"faqs\">FAQs<\/span><\/h2>\n<div class=\"man_faq_sec\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\"><\/time><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Which generation gambles the most?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">In a recent survey by NerdWallet, Gen Z, the generation born between 1997 and 2012, edged ahead of Millennials as the most frequent gamblers. About 69% of Gen Z said they participated in gambling, compared to 68% of Millennials, 58% of Gen X, and 57% of Baby Boomers.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Does Gen Z like to gamble?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Gen Z are enthusiastic gamblers with a particular interest in esports betting and igaming categories like mine games and crash games.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What unique betting preferences does Gen Z bring to the market?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Gen Z gamblers are highly social and prefer to gamble in a group. They also favor mobile igaming and smartphone sportsbook apps.<\/p>\r\n                <\/div><\/div><\/section>\n<div class=\"reference-content\">\n<div class=\"reference-heading reference-content-collapsible-heading\">\n<h2><span id=\"references\">References<\/span><\/h2>\n<\/div>\n<div class=\"reference-content-body\">\n<ol>\n<li><a href=\"https:\/\/www.nerdwallet.com\/article\/investing\/2024-gambling-survey\" target=\"_blank\">2024 NerdWallet Gambling Report<\/a> (NerdWallet)<\/li>\n<li><a href=\"https:\/\/goknit.com\/resources\/blog\/alright-bet-comparing-millennials-amp-gen-zs-betting-habits-strong\" target=\"_blank\">Alright, bet! Comparing Millennials &amp; Gen Z&#8217;s Betting Habits<\/a> (Goknit)<\/li>\n<li><a href=\"https:\/\/www.statista.com\/outlook\/amo\/esports\/esports-betting\/worldwide\" target=\"_blank\">Esports Betting &#8211; Worldwide | Statista Market Forecast<\/a> (Statista)<\/li>\n<li><a href=\"https:\/\/thetokenwordio.substack.com\/p\/brave-new-world\" target=\"_blank\">Brave new world<\/a> (TheTokenWord)<\/li>\n<li><a href=\"https:\/\/teamwhistle.com\/assets\/Downloads\/whistle-wise-x-place-your-bets-1615318490.pdf\" target=\"_blank\">PLACE YOUR BETS. HOW SPORTS GAMBLING BECAME MAINSTREAM<\/a> (TeamWhistle)<\/li>\n<li><a href=\"https:\/\/pmc.ncbi.nlm.nih.gov\/articles\/PMC10907656\/\" target=\"_blank\">Decoding the cryptocurrency user: An analysis of demographics and sentiments<\/a> (PMC)<\/li>\n<li><a href=\"https:\/\/blockonomi.com\/crypto-gambling-stats\/\" target=\"_blank\">Crypto Gambling Market Statistics Report for 2025 by Blockonomi<\/a> (Blockonomi)<\/li>\n<li><a href=\"https:\/\/paymentexpert.com\/2024\/05\/17\/crypto-betting-double-fiat\/\" target=\"_blank\">Value of crypto bets double that of fiat in SOFTSWISS&#8217; data<\/a> (PaymentExpert)<\/li>\n<li><a href=\"https:\/\/www.acgcs.org\/articles\/compliance-considerations-for-gen-z-casino-and-igaming-patrons\" target=\"_blank\">Compliance Considerations for Gen Z Casino and iGaming Patrons<\/a> (ACGCS)<\/li>\n<li><a href=\"https:\/\/www.forbes.com\/councils\/forbesagencycouncil\/2022\/08\/10\/3-things-you-need-to-know-about-gen-z-and-brand-loyalty\/\" target=\"_blank\">3 Things You Need To Know About Gen Z And Brand Loyalty<\/a> (Forbes)<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Zoomers have entered the casino and they&#8217;re starting to make their mark. Digital native, social, mobile first. They gamble more than their predecessors but tend to be strategic when they do. The surge in esports betting announced their arrival. Now a clear demographic profile is emerging. Gen Z gamblers are methodical, cynical, ethics-aware, and [&hellip;]<\/p>\n","protected":false},"author":286786,"featured_media":387964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"no","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[2178],"tags":[],"category_partsoff":[],"class_list":["post-387959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports-betting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Gen Z gamblers Change Betting Markets Forever - Techopedia<\/title>\n<meta name=\"description\" content=\"The casino floor of tomorrow is set to look very different thanks to Zoomers and their unique gambling habits. 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