EPISODE · Sep 14, 2026 · 22 MIN
A $5B Dollar Gambling Loophole: Kalshi vs. Sportsbooks
from The Investor Coaching Show with Paul Winkler · host The Investor Coaching Show
There are only four states in the U.S. where 18-year-olds are allowed to bet in sportsbooks. Predictive markets have quickly stepped in to fill the gap for people under 21, resulting in over $5 billion in bets made this year in that age range. Today, Evan talks about the loophole that is turning the youngest investors into a cash cow for the investing industry. Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement. This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.
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A $5B Dollar Gambling Loophole: Kalshi vs. Sportsbooks
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