It's well known that online sports betting can be a risky endeavor. But a new study from the Federal Reserve Bank of New York shows the practice may also be linked to higher delinquency rates, delivering another potential blow to Americans' financial health.Online sports betting, now legal in more than 30 U.S. states, allows users to make bets on everything from which team will win a game to how many rebounds a certain player might get. Popular platforms like DraftKings and FanDuel present a quick way to wager money without having to go to a physical location like a casino, which some states require. The practice has grown in popularity, with a 2025 survey by S&P Global Market Intelligence estimating that 15% of U.S. adults placed a bet on an online sportsbook within the last year. Of those, more than two-thirds were men.As demand for these platforms has grown, so too has the amount of money Americans funnel toward online sports betting.…