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Examining the effects of online sports betting on the perceived economic wellbeing of student-athletes

Author

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  • Gathoni Ndungu Benson

    (Department of Physical Education and Sport, University of Nairobi, Kenya)

  • Simon P. Munayi

    (Department of Physical Education and Sport, University of Nairobi, Kenya)

  • Janet Wanjira

    (Department of Physical Education and Sport, University of Nairobi, Kenya)

  • Justus Inyega

    (Department of Educational Communication and Technology, University of Nairobi, Kenya)

Abstract

The aim of the study was to investigate the effects of online sports betting on the perceived economic wellbeing of student-athletes using the regression analysis with an interaction effect used to test the effect of demographic variables on the relationship between dependent and independent variables. Correlation analysis was used to test the relationship between independent variables. The findings reveal that there was a positive and significant association3 between gambling severity and economic wellbeing. The study revealed that students’ sports bet online with large amounts of money to get the feeling of excitement. Sports betting leads to overspending which can disrupt home life to such an extent that it has some social effects such as the break-up of families. Sometimes due to sports betting the only deceptive course of action that seems to remain too often may lead the bettor to commit suicide. Key Words:Online sports betting, economic wellbeing, student-athletes

Suggested Citation

  • Gathoni Ndungu Benson & Simon P. Munayi & Janet Wanjira & Justus Inyega, 2021. "Examining the effects of online sports betting on the perceived economic wellbeing of student-athletes," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(7), pages 242-248, October.
    • Handle: RePEc:rbs:ijbrss:v:10:y:2021:i:7:p:242-248
    DOI: 10.20525/ijrbs.v10i7.1435
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    References listed on IDEAS

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    2. Sheri Worthy & Jeffrey Jonkman & Lynn Blinn-Pike, 2010. "Sensation-Seeking, Risk-Taking, and Problematic Financial Behaviors of College Students," Journal of Family and Economic Issues, Springer, vol. 31(2), pages 161-170, June.
    3. Ahaibwe, Gemma & Lakuma, Corti Paul & Katunze, Miriam & Mawejje, Joseph, 2016. "Socio Economic Effects of Gambling: Evidence from Kampala City, Uganda," Research Series 234554, Economic Policy Research Centre (EPRC).
    4. Per Binde, 2016. "Gambling-related embezzlement in the workplace: a qualitative study," International Gambling Studies, Taylor & Francis Journals, vol. 16(3), pages 391-407, September.
    5. Gathoni Ndung’u Benson & Simon Munayi & Janet Wanjira & justus Inyega, 2021. "Investigating the effects of online sports betting on the perceived social wellbeing of student athletes," International Journal of Business Ecosystem & Strategy (2687-2293), Bussecon International Academy, vol. 3(2), pages 62-72, April.
    6. Hamed Taherdoost, 2016. "Sampling Methods in Research Methodology; How to Choose a Sampling Technique for Research," Post-Print hal-02546796, HAL.
    Full references (including those not matched with items on IDEAS)

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