Not that dissimilar from unfettered options trading on mass-market brokerage apps like Robinhood...
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
#12Not that dissimilar from unfettered options trading on mass-market brokerage apps like Robinhood...
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#13I 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?
Is this a serious question? Of course we are—gambling has historically been regulated or outright illegal in cultures the world over.
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#14I 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
#15I 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?
And indeed any market that relies on people acting rationally suffers the same problem, even if people keep insisting otherwise.
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#16Then one them started firehosing cash into campaigns and budgets. . .
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#17I 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?
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#18I 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
#19I 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?
> Are we really willing to accept that agents aren't rational? Wouldn't that have severe implications for other markets? Is this a serious question? Of course we are—gambling has historically been regulated or outright illegal in cultures the world over.
Re: Young men face high risk for gambling addiction as sports betting surges:experts
#20> “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.