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Anna Helhoski

👤 Speaker
1779 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Gambling can be too.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

So then combine the two with some highly energetic sports fans, and it can become a problem.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

There are also regulatory concerns, concerns about gambling addictions, debates about tax rates, and a lot of public frustration with the ubiquity of ads.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Now, a Pew Research survey published in October found that while half of Americans didn't see legal sports betting as good or bad for society, an increasing number of Americans do view it as harmful.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And that's 43% in 2025, up from 34% in 2022.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

There's also concern about sports betting impacting the integrity of the game.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

A Pew Research survey published in October found that 40% of Americans think sports betting is bad for sports, up from 33% in 2022.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Right.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

There's a slippery slope.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And I'm not going to sit here and judge people.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

I'm not going to say, don't gamble.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

If you want to gamble, you're going to do it.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

But there are very real concerns to consider.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

So as you said, treat it like entertainment, not income.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Decide what your limits actually are before you go into it.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

If you're not having fun, stop doing it and go do something else that is fun.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And most of all, if it's not feeling within your control anymore, you might need to seek help.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

Yeah, a good place to start is probably the National Council on Problem Gambling.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

And you can call them at 1-800-MYRESET.

NerdWallet's Smart Money Podcast
Prediction Market Betting Hype and Self-Employment Taxes You Don’t Want to Miss

That's 1-800-MYRESET.