Bet Offensive

“Online brokerages have seen a record number of new accounts opened this year, and the big four — E-Trade, TD Ameritrade, Charles Schwab and Interactive Brokers — executed as many trades in March and April as in the whole first half of last year, per public disclosures.” The big money is on the sidelines. But the market is soaring. Sports bettors may be a driving force behind the stock market surge. (Don’t ask me. When the pandemic hit, I bet the under.)

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