The University of Eastern Finland published a study of more than 15,000 Finnish men who had completed an IQ test as part of their compulsory military service. An interesting tidbit came out of their analysis.
“Our research found a strong correlation between men with a high IQ and those who take part in skilled gambling, such as betting on horse racing,” stated Professor David Forrest from the University of Liverpool Management School.
Was there ever any doubt? More information on this academic study involving horse players can be found here.
Related article:
“Does IQ predict engagement with skill-based gambling? Large-scale evidence from horserace betting” by Jani Saastamoinen et al. Journal of Behavioral Decision Making