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Young men face high risk for gambling addiction as sports betting surges:experts

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Re: Young men face high risk for gambling addiction as sports betting surges:experts

#2
I find it difficult to watch any sports these days because you are just constantly bombarded with sports betting ads and tie-ins. I have absolutely no interest in throwing my money away on sports bets and yet even I find myself wondering if I should try it out or maybe I could just open a trial account. It's dangerous and disappointing that this is the direction that all the major sports leagues are heading.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#3
> “You can be gambling away your house on your mobile phone sitting at the dinner table, and not a single person will know until the devastation of your whole family is complete”

That sounds like a reasonable means of control then. These services could be locked to networks at locations with some kind of gaming license (something like a Keno license).

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#5
post #2

I find it difficult to watch any sports these days because you are just constantly bombarded with sports betting ads and tie-ins. I have absolutely no interest in throwing my money away on sports bets and yet even I find myself wondering if I should try it out or maybe I could just open a trial account. It's dangerous and disappointing that this is the direction that all the major sports leagues are heading.

We need a real life adblock.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#7
post #4

Not that dissimilar from unfettered options trading on mass-market brokerage apps like Robinhood...

As far as I've read, it's psychologically identical. The scary thing about financial gambling like options-, day-, or forex-trading is that they seem respectable. Laypeople don't usually know that the person is gambling, and some people even think of it as a legitimate job.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#9

I don't understand. There's obviously a market for it. Can't folks decide that the price is too high? Are we really willing to accept that agents aren't rational? Wouldn't that have severe implications for other markets?

Agents are not rational. That's why we have substantial oversight of many markets. Like it or hate it... That's what we got.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#10
post #3

> “You can be gambling away your house on your mobile phone sitting at the dinner table, and not a single person will know until the devastation of your whole family is complete” That sounds like a reasonable means of control then. These services could be locked to networks at locations with some kind of gaming license (something like a Keno license).

I've heard of people going just across statelines to the first cell tower that reports them in a legal state, just ideling in their car gambling away.
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