As stocks and crypto crash, is sports betting a better option?

As stocks and crypto crash, is sports betting a better option?

Article brief provided by USA TODAY
  • Lance Pugmire, USA TODAY
July 7, 2022 6:45 PM
  • Lance Pugmire, USA TODAY

With stock markets tumbling and cryptocurrency crashing, some investors are scrambling for alternatives.

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Could sports betting offer reprieve?

One veteran sports bettor, Bill Krackomberger, said he’s enjoyed reliable profits for more than two decades – profits more people can now try to pocket with increased access to legalized online sports betting nationwide.

“I had eight straight months of making money up until February. That’s hard to believe,” Krackomberger said.

Even when he endures slumps, like all investors do, Krackomberger’s pain hasn’t lasted long thanks to his diligent methods.

“I’ve never had a losing year – or quarter – dating to 1998,” he said.