Bettors also have to be wary of con artists on Twitter. For example, accounts claiming to have inside information regarding "fixed games" have been regularly posting in betting-related threads, asking for money in exchange for the details.
Twitter's study found the most popular type of wager was against the spread, followed by parlays and money-line bets. Bettors surveyed said odds boosts -- where sportsbooks offer enhanced odds on specific bets -- and the fear of missing out on a bet that everyone is discussing were motivating factors when deciding to bet.
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Text chains allow smaller groups to share bets. Social media helps spread the word to larger audiences. Twitter and Instagram are good outlets for information distribution, and some people start private Twitter accounts to keep their bets among a specific group. Meanwhile, private chat rooms on Discord are growing in popularity, especially with bettors under 30.

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