Sports betting boom fuels concerns over problem gambling | 60 Minutes

There’s been a surge of young problem gamblers since sports betting was legalized. An addiction therapist warns AI-powered sports betting has spurred a public health emergency.
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[@smashboombam8717]

An angle you missed on this story is how most of the apps only want losing bettors using their apps. If you are a long term winner they will limit your account to less than $2 per wager which makes their app useless to you. They don't ban you, just limit you. There is plenty of content on KZbin about this.

[@nikosvault]

Yes, being held back as a winner is the real issue here.

[@samgrande7038]

Yep every time

[@pttn975]

Maybe 60 minutes will look into it.

[@slicktheslickster]

Interesting...that's not been my experience. I usually bet at least $25 per bet and often $50, and I make I guess $1,000 per month over several websites

[@slicktheslickster]

Of course I lose 3 out of 10 bets, so maybe that's why they let me keep playing.

[@Moneyline831]

10 days without gambling here .. lets hope I can fight this horrible addiction that ruins so many lifes

[@adventuresinthebay8487]

Try to find an alternative, healthy form of brain stimulation. Hard to find and different for everyone

[@hindukushdestroyer]

I started using those slot machine apps that use fake money. It's like non-alcoholic beer. But use that and self exclude yourself from all apps

[@AGILISFPV]

You got this! 10 days is already a massive milestone. If you can do 10 days you quit forever. And if you do decide to gamble just keep the dollar amount low and realize that it's just for fun, and that you don't care if you win or lose. You have to be ok with losing that small amount of money.

[@tudo.passa.]

we both know you'll be betting on the superbowl

[@FullSenderson]

Stay strong

[@Pete.across.the.street]

The fact that these companies are raking in billions of dollars tells you just how good your odds of losing are.

[@lamarcurtis1582]

No!!! That's not the problem. It's the human. I have been gamble for 10yr and made $130k... And I know how to discipline myself.

[@Pete.across.the.street]

@@lamarcurtis1582 how much did you lose though?

[@lynnjudd9036]

Yup, the odds are always in favor of the house. (the casino, online game provider, etc).

[@luxboss2388]

It’s all discipline and bankroll management it can be done

[@123lowp]

So, buy the Draft Kings stock.

[@ReadIcculus93]

Think of it like this. I once put 100$ into a slot machine over a course of an hour, and won 1500$. So now I go around and tell everyone that I won. But what I dont tell people about is the 20 other times I put 100$ in the machine and lost it. Never trust a gambler who tells you they've won, because they arent about to pull out their spreadsheets to show you the full picture.

[@KMcNally117]

That computer in the movie Wargames said it best; The only winning move is not to play.

[@SeanMahoney33]

My dad told me there were 3 things to never try at any costs in life because everyone eventually lost everything in life to it: Drugs..... Gambling.... Evading taxes. I'm telling my daughter there's a 4th....Social Media.

[@ban_tik_tok]

You're 1,000,000% RIGHT‼️

[@nikosniko7092]

What are the odds of each ?

[@chrisny15]

No drugs, no gambling? Are you even really living?!!

[@tellthetruth7497]

Lol those things are all fun things. As long as you know your limits it’s not even a problem

[@bikerboy72]

There are successful sports bettors out there. You just have to learn the game like everything else in life. I’ll always say this, you think you know sports until you start betting on them

[@smitty16s]

I’ve gambled everyday for the last 15 years and I’m not addicted yet.

[@davidbrooks8809]

Same here 😂😅😊

[@lwmitcham]

You just don’t know it yet 😂 wait till you hit rock bottom 🙄

[@MrMoraltv]

Only a addicted if you lose

[@dmvdummy]

Sounds like an addiction though

[@haydenta5305]

​@@dmvdummyonly addiction if you keep loosing

[@ghostrunner2138]

I can’t believe that guy sat there smiling and told you with a straight face that adding gambling to your phone doesn’t make it any more addictive.

[@iamwreckingyouyt2182]

i’ve had draft kings and fanduel on my phone since i started gambling, i recently stopped about 2 months ago around the end of november. haven’t touched them since

[@tylertorres7508]

Cause he don't gamble that's what we call a nit

[@tylertorres7508]

Dude is a nit he never bet a dollar why he saying that

[@jeremypwn]

This generation is so soft have the self control and take responsibility for your own actions

[@user-or4rk3mc9p]

HIs income depends on him not understanding the negatives of gambling.

[@branflakee4257]

A buddy of mine is a teacher at a local high school, and he talks constantly about students spending their whole paycheck on bets. JUUL and sportsbettinging have overtaken high school across the US

[@ChrisTuckerCarlzyn]

Omg 😱 I don’t believe it kids having fun???? I thought we banned that after we implemented big brother in 2001…

[@juniorbeckham2928]

Ok I don't believe that, you gotta be 21 to gamble, so either you're lying or I don't know lol

[@ranz2355]

@@juniorbeckham2928 You only have to swear you’re 21, they ask for your SSN but no proof of age.

[@nomaderic]

I mean, they are in high school

[@EbenezerNimh]

Millions of young lives will be ruined.

[@hutu9640]

The REAL problem with these gambling companies is that they actually ban players, the players that WIN money that is. All the losers get to bet as much as they want. That is a racket and should be litigated.

[@scottsears5545]

My neighbor bet 34k last year and lost 300 dollars

[@williamerazo3921]

Exactly. State governments need to unban these profitable players

[@radaction5743]

@@williamerazo3921 The states have a financial incentive to ban winning bettors. THAT is the real scandal.

[@matrxneo101]

This is nothing new. Casinos do this all the time. Its better for their business. Can't really blame them.

[@MRkriegs]

Casinos have been doing this for decades

[@RanmaSyaoranSaotome]

9:44 - Talk about a sociopathic level of eye contact.

[@Chipotle14]

Stares without blinking except when he's lying

[@seensay2132]

Looks like an honest guy with a heart for doing right by his customers 😂

[@josephshipman4930]

Old vices new styles is the age we are in

[@LuisLopez2]

"I worked my whole life" Dude, you are 25 years old.

[@davidbrooks8809]

Right 😂😢😅😊..lmao

[@Darkclouds666.]

Doesn't matter his age . How different is 25 from ,,40 Hell probably end up still working by then anyways.. basically his whole life

[@davidbrooks8809]

25 and 40 are very different

[@williamerazo3921]

@@Darkclouds666.very f ing different

[@djb-illy8471]

😅😅

[@ZackWilliams_TheProducer]

Online gambling gripped me since it became legal in my state 10 years ago (the year I turned 21). Up until the age of 30 I threw just about everything I didn't need to survive into online slots/card games. Gambling addiction is intense and hard to shake. I probably told myself I'd never gamble again 100s of times. It's like having a program installed in your subconscious that takes over your thoughts and willpower. I would strongly encourage any young people to stay away from gambling, it is not worth it. There's nothing positive a bout it, it's degenerate entertainment. Put that focus into building something for yourself, developing a skill, making money, or just enjoying things that are positive.

[@BeefGummybears]

My buddy got me hooked on horses. We ain’t buddies no more 😂

[@davidbrooks8809]

😂😢😮😅😊

[@jdstan9650]

The AGA Rep could not have been less credible...embarrassing

[@EcuChris]

"I believe nicotine is not addictive."

[@apexnext]

The very second i saw his face, I knew he had no soul whatsoever. I would ask him how he sleeps at night, but he doesn't toss and turn like us regular people do, he sleeps like a baby because he's not apart of real humanity.

[@joelhorlen20-zk3xr]

He looked creepy.

[@reggiedunlop5167]

😂 The AGA logo on the wall is actually a rip off of the old Las Vegas Stardust marquis.

[@djstacktrace]

It's because he's a shill for the gaming industry. No more than a puppet that will behave as instructed.

[@sevenfights]

The sports betting commercials are out of control😢

[@jason_tha1]

agreed it is over the top...I see bad things from this.

[@Fatbluntsproductions]

Agreed. It’s so god damn annoying. They need to either be banned outright or at least severely regulated.

[@Jamesviolaofficial]

Tip from a recovering gambler: Take steps to shift your mindset from the immediate gratification of a dopamine hit. Speak with a therapist. If you're going to gamble, you should gamble on yourself. Invest your money in your education, tools and networking.

[@djstacktrace]

"Gamble on yourself" absolute gold!

[@stant7122]

@@djstacktrace At least no corporation gets a cut when you "gamble on yourself"

[@firstlast8258]

Money is at the job if you are able bodied

[@VicDamoneJr82]

This was good 👍

[@VicDamoneJr82]

@@firstlast8258 Are you sick there is no job

[@juanmerida4324]

Bank roll management is paramount

[@MWisz77]

I’ve been saying this for years, gambling is more dangerous than smoking cigarettes. If you smoke a cigarette, you may not die overnight but cigarette commercials are banned. You can lose your entire wellbeing in one night of gambling, yet every other commercial you see is a new sports book. While I enjoy throwing a bet here or there, the advertising needs to be regulated.

[@BiggMo]

What are the odds this video will help someone seek help for their gambling?

[@importon]

I'll take that action

[@JamesBond-uz2dm]

You can bet on it.

[@Bryce-qh9rt]

+120

[@Dumpsack]

6

[@okj6119]

It’ll make more gamblers🤣

[@smitty16s]

“Gambling is the only addiction where you can win a whole bunch of money.” -Norm Macdonald.

[@Gotthemcee]

Gambling is a profession not a problem. The real problem is artificial intelligence in the gambling world which is unbelievable , virtuals sports, betting websites so much data being processed in real time with the highest precision directed for people to loose is terrifying. But then real event are legit the only problem is the ai powered betting websites. One always has to check other sites to confirm the listing before betting else ai will take advantage. The one behind the curtains right.

[@theopoliswaters2405]

Or lose a whole bunch of money.

[@Gotthemcee]

@@theopoliswaters2405 its crazy everything is a cheat. They won't feed the gamblers with winning so why feed them with loses ?

[@randomworld4662]

gambling is the only addiction where you lost money in 1 minute

[@pawpkitty]

When the tidal wave of sports betting inundated my youtube ads every 2 seconds I knew something was amiss.

[@CreatingAlong]

Why do you watch KZbin ads when uBlock origin exists?

[@scottwittla]

It’s so out of control. There are SO many sports betting ads everywhere.

[@igorlang884]

They send me mail, commercials on tv, KZbin, fakebook. Another way to destroy the average gullible person

[@HelloSpyMyLie]

Get KZbin Premium. This is the best app ever and your priorities are messed up

[@scottsears5545]

So are food commercials....doesn't stop u from stuffing your face or ordering door dash

[@Bigmoney703]

A travesty to not even consider or discuss how sportbooks ban winning users. There should be laws against this behavior by sportsbooks and casinos if they want to operate.

[@caracallacz]

I recently reached 40, so I witnessed tobacco commercials banned in sports events, and eventually everywhere. There is a detail you didn't mention here. While the tobacco commercials were broadcast at certain times (adult TV time), today gambling advertisement is ubiquitous and it is reaching everyone. I love watching sports with my children, and there is no exception that you see or listen something related to these gambling apps in any moment of the day. It is very invasive.

[@michaelgarbett4088]

Crazy how fast this happened. I had a friend who worked for draft kings in the early years. He predicted this stuff in like 2015. If it’s this bad now, it’s only going to get so much worse

[@abas43091]

As a problem gambler, kudos to you on shedding a light on this problem. Draftkings flaking on this interview last minute is a cop out and they deserve no one’s business for not willing to address the questions head on.

[@cactusjack2264]

Crazy how normalized gambling has become over the past couple of years. I remember when it was kinda taboo to be a gambler now it’s basically the norm

[@indianapatsfan]

It's nuts. If you go back to the 70's, casino gambling was a Nevada only novelty. Nowadays, states that don't allow gambling are the exception.

[@cactusjack2264]

@@indianapatsfan lol you don’t even have to go that far back, just recently gambling became legal in New York(where I live) and just two years ago these betting apps became legal to use in NYC. I was honestly surprised to hear a state as big as California don’t even allow the use of these gambling apps.

[@SAIDDAHIR442]

⁠@@cactusjack2264they’re allowed in California

[@cactusjack2264]

@@SAIDDAHIR442 FanDuel, Draftkings and apps like it are illegal in California

[@indianapatsfan]

@@SAIDDAHIR442 and New York and Florida and Illinois and Pennsylvania and Ohio. I think Texas and Georgia are the only two big states among the holdouts.

[@nobeeyes7568]

I quit gambling because the emotional effect of losing $20 to a slot machine far outweighed the emotional effect of winning $20. In other words it was not fun either way.

[@ForgottenCovers]

Yes this is a well known effect in the world of gambling. Winning never is as fun as losing is painful.

[@haydenta5305]

Only loose what you can afford.

[@nobeeyes7568]

@@haydenta5305 $10 is like pocket change to me. But if I lose it instantly in a slot machine it definitely bothers me probably more than most people who can afford the same amount. That's when I realized I shouldn't gamble.

[@nobeeyes7568]

@@haydenta5305 I totally agree. $10 is pocket change to me. But when I lose it instantly on slots it definitely bothered me probably more than most people who can afford the same amount. But if I win most likely $10 it's just not that satisfying. That's when I realized I shouldn't gamble.

[@dwaynekeenum1916]

@@haydenta5305can’t spell

[@kalinfoster3671]

That AGA rep’s literal job is straight out of the movie Thank You For Smoking.

[@Darkclouds666.]

LMFAO

[@jpjpJPJPG]

Without a doubt, these companies know exactly what they're doing. We are prey.

[@scottsears5545]

Eating out...your prey...vacations...spending sprees. ...health...crap food. Cheating. .all all cqn grab your life or money away from u. I have 110 in sports betting apps and after nfl I'm done. I'm not here to back sports betting...offshore has been around forever n they pay....apps are not the issue...people are. Lottery scratch offs are tons worse ...tons!!!

[@AlexJewlumni]

So sad how it took this long for people to wake up to the reality of the dangers of gambling.

[@PapagenoMF]

Everyone knows the dangers of gambling, just like everyone knows the dangers of tobacco and alcohol. It doesn't matter though. People do what people do.

[@cactusjack2264]

People know the dangers, but greed has always overshadowed any negative about gambling because people just see the large amounts of money that can be won then they keep trying and trying until they eventually become addicted.

[@djstacktrace]

Now that there are so many betting app ads during games, I think it's waking some people up to the problem.

[@Kospanic]

It’s as bad as ever

[@davidbrooks8809]

This isn't something 😢new people been addicted to gambling for years and years and years😅

[@Adam-mj5hl]

4:04 The gaming app lobbyist is the worst. He sounds just like a tobacco lobbyist schill from the ‘70s… “there no evidence that cigarettes are addictive and cause lung cancer…hell, you’re more likely to get cancer from painting your house”

[@crypto_que]

Betting ads went from passive, to active, and now sportscasters stop talking sports, look directly at the camera and talk to the gamblers. A friend of mine told me he can no longer watch sports b/c of all the predatory intrusive gambling ads. It’s out of control. This isn’t about legality or morality but it’s about taking advantage of helpless addicts. It has to stop.

[@rogerrosen2323]

we have wager talk people love kelly joe and marco and others joe is sometimes right on with the overs or unders you just cant bet too much since favorites as keys losing on money lines a pro says kc and the 2 r 2 and a half he evaluates that he was on a video hes a heavy hitter for years

[@imageword5576]

I agree, the ads they are hitting us with constantly telling us to bet on sports are a bit overkill

[@johnspinelli9396]

Lol I laughed when said the integrity of the game hasn't been changed so far..

[@djstacktrace]

"Athletes - want to make some side cash? Help us throw the game!"

[@BrooklynDynasty]

This is just the beginning it's going to become 5,000 times worse 😢

[@stant7122]

Solution: get the sports betting companies to pay for all gambling addiction therapy services a gambler on their site ends up using.

[@crand20033]

Yeah, they just legalized it in NC.

[@patwaddington]

Yeah it will. I’m Australian and we’re the biggest gamblers in the world. It’s horrible constantly see Tv advertisements for sports betting and in every pub/bar you go to there’s slot machines.

[@marksprinkle]

I live in Las Vegas and I've sports bet regularly for 25 years. Number one tip: NO PARLAYS. If you must, no more than two legs.

[@ban_tik_tok]

Why not Parlays❓🤔

[@Theincognoah]

Cuz that’s a suckers bet.

[@Sesamestreet9080]

@@ban_tik_tokyour chances of winning of parlays go down dramatically for each extra leg you put on

[@Smokey_420]

💯

[@nickd2296]

It is a risk/reward tradeoff. More legs means a lower probability of winning and a higher payoff. I have lost straight bets and won 5 leg parlays. The moral here is that even these companies can not predict everything perfectly. If you want a higher chance to win then yeah stay away from parlays. If you want the chance to get a big win then do parlays.

[@lucid685]

What did people expect would happen. States are desperate for money and companies are desperate for profit. At any and all costs

[@darryljorden9177]

It started with the "lotteries" (numbers game). Easiest way to raise money is to cater to human vice.

[@clint3868]

@@darryljorden9177 If people want to waste their money and it counts as state revenue that's fine by me

[@jndivetrips3765]

Its the sudden accessibility of gambling on a scale never before seen thats fueling the rise in gambling addiction. Pull out your phone, tap on the screen at almost anytime, and get that sudden rush whenever you crave it.

[@sicpythonic]

Gambling is fun for entertainment but not as a means of making money. Too many people think they can consistently beat the PHD statisticians, and think they know better than the people looking at data. I would love to see the percentage of people who are net winners over the course of more than 20 bets. As someone who uses statistics to control for risk at work, the hubris is great for business.

[@mostknownunknown-dq3bb]

I feel ya da odds r not in ya favor always

[@tommclain8893]

Integrity is gone in pro sports. Everything is questioned for a bet.

[@billnotice9957]

I remember getting a registered letter from the US government for playing PokerStars Texas hold em 1 and 2 cents. I had to watch and acknowledge a video from DOJ explaining I am breaking the law. So, I cashed out account for a whooping 197.34 cents. I started with 100 3 years previously. I only played with real money only to stop the ALL IN every hand with funzies money. Now I have coworkers who gamble their entire paychecks on their phones.

[@driftwoods2229]

Hearts out to the people who suffer. I think I've gambled on 2 sports games with friends, $10 on who wins, every time I felt dumb loosing money and have no want to do it again. I can't imagine wanting to throw your money away every second of the day. Sounds very stressful.

[@cactusjack2264]

You’ll be amazed by what greed can lead people to do, the large sums of money that you can win is always enticing 💯

[@txitxo1485]

Consider yourself lucky to have lost. I myself won 110 euros from my first bet (10 throwaway euros just to say i tried it once) and got me instatly hooked. Gave away close to a thousand euros in the couple years that followed to the gambling sites...

[@ayyooadam]

I hate how sports betting is shoved down our throats when just trying to watch a broadcast

[@justjokinntokin5474]

Every betting app and DoorDash jezz

[@rogerrosen2323]

we had jags employee bet 20 miion he stloe from company

[@crand20033]

So, who do you bet will win the super bowl?

[@ayyooadam]

@@crand20033 9ers all day give me the under

[@commonsense3921]

Do you feel the same about alcohol commericials? Unhealthy food commericials? Or are you just use to those commericials so you don’t see them anymore but this new thing is being shoved down your throat.

[@80sFootballCards]

Duh. I think this every time there is a gambling app commercial during a live sports game. People will say "well alcohol is advertised during games and that can cause problems too"... but I don't think it's the same. If the effects of alcohol was available to be inserted into you with the click of a button on your phone, then maybe it would be the same. But I think being able to bet on your phone in real time is far worse.

[@derekw1267]

I can attest to this. I am 32, male and lost over 200k, a lot of that on Draftkings and Fanduel. It's fcked up addiction I'm still trying to overcome.

[@Enginshim]

So much content out there. Monthly subscription services to Stokastic or other sites. It’s insane that more people don’t get it. Only a select handful will make true money.

[@brandoncarpenter9681]

Damn sorry to hear that, hope you can stay strong one day at a time

[@Bsizzle7]

Godspeed Derek. Chin up.

[@mostknownunknown-dq3bb]

I want to feel sorry for u but u Shud have invested in a nice lil business with that money.

[@lstruggy]

I live in Vegas 47. I’m a casual sports better. When I want to do sports bet I go to the sports book. I have 0 sports betting app in my phone and that’s how it’ll always be. Pro tip: fellas u don’t have to bet everyday pick ur battles wisely good luck!

[@threeminuteshate]

Truly with all due respect, to an addict (recovering alcohol and drug addict myself) the same rules do not apply to us as they do to people like yourself. Non-addicts and addicts alike know you don’t have to bet everyday. Addicts cannot control the urge to. Addiction controls our decision-making, not us.

[@quiksix25]

Every single game I watch 50% of the ads are sports betting- every analysis show has lines constantly running under the screen

[@katastrafika5253]

It’s called how to brainwash you Eventually you’ll be hooked

[@DeezNuts-yj5sh]

Just about the only major news program that doesn’t suck. And that schmoe at the end claiming gambling isn’t addictive is a real tool

[@acruz639]

One of my teachers told me the lottery is a tax on stupid people and I took that to the heart. Feel the same way about sports betting

[@justinthibault5823]

Nobody in this video ever hit a parlay in their life

[@yoitsdakid920]

Sounds like an addicts response

[@justinthibault5823]

@@yoitsdakid920 found another one

[@doubleuponbob3397]

I hit an 8 leg parlay once, then took my siblings out for a great meal. I was WONDERFUL!

[@ariqnixon]

The increasing amount of ads for sports betting is insane.

[@vsznry]

That Gaming Association guy is so out of touch.

[@RanmaSyaoranSaotome]

He's not out of touch. He's willfully ignoring the truth and lying to victimize others because his salary depends on doing so.

[@joelhorlen20-zk3xr]

I think he just doesn't care.

[@davidbrooks8809]

He here to make money!!!

[@krisevans4379]

Im 37 and started going to the casinos at 21 in st louis which we have many lol i promise you at 24 i was done and i learned how back that addiction really was. I try to talk to all young adults and encourage them to not go down the rabbit hole. We work so hard for our money to just gamble it off and something that isn't at the very least an asset. I repeat keep your money and enjoy it and do something with it dont just flush it down the toilet

[@PaceFootball]

Buddy moving to a flip phone was the smartest bet he ever made. I'm right behind him...

[@GhostLyricist]

AI changing the odds in live time sounds suspicious as hell. I don't know how anyone could get addicted to a system like that. It literally sounds like the game "What number am I thinking of?".

[@kurtmanning2667]

And no one expected this 5 years ago!! How dumb is everyone

[@nomaderic]

I used to be a die hard sports fan. Im not against gambling its just not for me. However once all this started ramping up i found myself being less and less interested in sports. I went from being someone who would spend my entire weekend watching college and nfl football to barely even knowing who was in this years super bowl. All anyone cares about now is hitting parlays. They dont even care about the game they care about the bet

[@ban_tik_tok]

How about just watching the game on your own❓ I feel the same way but now I just watch with family & sometimes by myself 👍 Still see the commercials and they are annoying but at the end of the day we can't do much about that except switch the channel.

[@nomaderic]

@ban_tik_tok I try sometimes but now everytime I do I say to myself "why does this matter" and I end up changing it. I still love sports, I'm just not a super die hard fan like I used to be.

[@nnamdi1292]

Mid 20's ?? Dam they look like they're in their early 30's to be honest

[@randomworld4662]

mid 30s

[@adamdellman2896]

Thanks for shedding light on this. I can't do much myself, but I stopped watching live sports because of all of the betting ads. Sports betting like this is bad for people.

[@IHWKR]

Same, way too many ads, way too much glamorization, the un economical use of athlete contracts and the list goes on. I'd rather go outside and live my life rather than pander to overpaid athletes in billion dollar arenas to do something with a ball.

[@chancerobinson5112]

My friend says Australia is worse; and at the lower levels, many tennis matches are fixed, because expenses are so high and prize money is so low. 😮

[@ban_tik_tok]

Tennis is one of the most FIXED sports out there.

[@patwaddington]

Yeah im australian and id say it’s worse. Also have slot machines in every bar

[@kk-hy3sf]

We truly live in a country that values capital over people

[@SKYRGRLoft]

I had a friend who "won" in an underground casino and was "taxed" on the way out but he was so happy to keep breathing amd walking that his story is all the winning he needed. He went back and played again!!!!!

[@Tenzy7515]

It messes with the brain chemicals

[@fet6]

One of the huge problems is that it's more accessible! I just watched a 30 minute video where a psychologist pointed out that to change problem behaviors, accessibility must be limited.

[@EbenezerNimh]

I personally know over 10 + people at the place where I worked at is hooked on Draft king and Fanduel. The bad news it's growing

[@johnkossen]

We see the same issue in the Netherlands where they legalized gambling online. Many young people now addicted.

[@tybball]

Profitable bettors are limited by the Sportsbooks. That's the real crime here. These books are fine taking your life savings and making millions off of you, but if they get a sniff of a guy or girl that's up more than usual on their book, they'll limit the amount of bets and how much they can bet.

[@tommyfu9271]

exactly. on some of these sites like betmgm and fanduel are a joke. on fanduel my max win allowed for nba moneylines is 150 bucks. total clown show. on the postive side most of these sites are run with gross incompetence. they gave out so muc free money for 3-4 years it was incredible.

[@4ESTHETIK]

The AGA rep is flat out wrong. Modern social media and live service games have leveraged the same behavioral science to make their experiences as addictive as possible, the only difference is the currency exchanged is your time/attention-span instead of money.

[@scottfoster-burner]

The predatory ways sports broadcasters have gone about gambling ads is insane. It’s a shame.

[@steve7814]

Bill Miller, President of The American Gaming Association says, "I don't believe there is an addiction to mobile betting anymore than there is an addiction to utilization of your phone." By his own logic is he not confirming that gambling on phones makes gambling more addictive, even as he meagerly attempts to pass blame to "utilization" of the phone. He is a true sicko.

[@TheAngryBrave]

If you're going to sports bet, you have to have bankroll management. You can't just drop $500 on a random bet. You have to stick to a unit size, 1-3% of your total bankroll.

[@robhicks2117]

States have the lottery and scratch offs. I see people wasting their money buying hand fulls of state scratch offs and lottery tickets at convenience stores while standing in line waiting on them. I hope to see a story done about this.

[@EvanB97]

I turned 21 the 1st year betting was legalized in Illinois… it was fun at first but you realize how addictive it gets.

[@VeraHannaford]

2:50 It's only a matter of time until there is a major sports gambling scandal. Professional athletes are, for the most part, young men with phones.

[@vintagevinylvets1187]

This is no surprise to u. First, as soon as betting was made legal, we knew this was on its way to being a problem. Second, when we saw advertising such as Draft Kings in every other commercial and sponsored shows, we knew this would get out of hand. From the get go, we thought this should have never started.

[@billbryan-personal5005]

The Guy with AGA sounded almost exactly like the Big Tobacco CEOs from years past. We see how that turned out.

[@myaccount3402]

Yea, they will "tax" the bets so instead of being stolen from because of lack of competition through -110 it will be an extra 10% for tax...

[@sultanibrahim4230]

I’m the only person in my friend group who doesn’t bet on sports. It’s annoying hanging out with the boys and all they talk about are their bets.

[@amadou234]

use to be a addict, i’ve said the high of winning a big bet is better than any drug i’ve ever done. glad i’m done with that hope people who need help can get it

[@drewmorrison]

I’ve been saying this the last two years when seeing gambling sites advertising at NFL games and sponsoring them. Heck, ESPN now goes through the odds now. I can’t imagine how much harder it’s become for addicted gamblers to get away from it.

[@gvp1091]

never give up, keep chasing those parlays you're due to hit one!

[@boataxe4605]

Here’s another headline “Sports betting leads to fears that the games are fixed,but the media says nothing about it because of how much advertising revenue they are getting”. The people who own sports books are not going to leave that much money to chance.

[@Jetsarii]

As a Englishman who has spent time in my job looking at the impacts of gambling, you guys are sleepwalking towards disaster. The leagues are more worried about corruption than the addiction. The way the leagues are glamorizing it and getting in bed with the sport books is concerning. They'll be distancing themselves in the next 5 years

[@samirbadix3470]

I like the fact that prior to the video starting there was a ad for fanduel

[@tdelphia1]

We got rid of tobacco and alcohol advertisements....why is gambling still allowed? I usually watch ad-free streaming and was shocked in watching NFL playoff games how many ads for gambling sites there were. Disgusting.

[@davidj7200]

And all the celebrities endorsing them. I guess they don’t make enough money and they are reduced to making commercials.

[@tommyfu9271]

tobacco yes but i still see tons of alcohol ads.

[@AzEagletarian]

Totally foreseeable and FORESEEN societal problem. I suspect Noam Chomsky knew. But he also knew (I suspect) not nearly enough Americans foresaw in order to raise enough of an outrage to prevent. Kinda like tobacco.

[@johnnygavin3654]

In Vegas I used to love when the visitors would clear out on Sunday nights lol. The saying was "Bet big or go home".....I knew they were going home anyway. I saw kids on Sunday mornings at the Flamingo getting trashed and betting their balls on their home teams. To be truthful, I never saw the Vegas experience going nationwide. I absolutely believe this story because you can see how young guys don't drive responsibly so no doubt they can't handle the freedom of Vegas on a daily basis. Families used to move to Vegas because of gambling. That won't help now because betting is everywhere now. Good luck out there and bet smart, or not at all.

[@Thaofficialsensei]

I was killing Prizepicks hitting 6 man parlays on Nba and Mlb. They started limiting my tickets to 40 dollars only no more 100 dollar slips. Thats when i knew they had been data collecting and they were not going to let me continue to win. If its fair why would they do that, made me Wonder and now i know why, it's by design. THE HOUSE ALWAYS WINS

[@rayc9960]

This is a good take on the issue but I would give a 1 out of 10 for completeness and maybe a 5 out of 10 for accuracy. Saying some leeway should be given to books because they didn't see the level of wagering increasing before the legalization is inaccurate. They have been working for over a decade to create more and more in game wagers to keep people betting nonstop. They rolled it out on mobile in Las Vegas before other states legalized to start a working model of what is now in game live wagering. They don't even need AI since they spread these out at ridiculous numbers it's impossible for them to lose in aggregate. Also the most glaring omission is that not only don't they ban problem gamblers (they cater to them) but they actually will ban any bettor they suspect is a winning bettor long term meaning they have an edge on the house. They should've interviewed some professional sports bettors and would've found this out immediately.

[@ayyooadam]

There’s no way that sports betting hasn’t messed with the integrity of the games

[@MRosati5000]

Pro games are rigged.

[@SgtJoeSmith]

Iowa/LSU wbb title game

[@brentbackwoods2498]

The mob influences the refs by threatning their families and loved ones safety

[@rogerrosen2323]

not in pros if you notice a team will run out the clock if they can and are in red zone possibly affecting total or spread 2 weeks ago uffalo scored ruing the minus 7 for the favorite they tried they may not want pre season baseball again as mlb told them not to

[@mechalovessquirrels]

Remember that NCCA football player that recently got banned for betting over 657 times on his team matches ?

[@lovewhatyoucollect]

Great segment - sports gambling is a huge problem right now it’s only gonna get worse

[@bobby6427]

It’s a terrible addiction. And it’s ruining enjoying the game :( please ban it again. Gambling is worse than drugs

[@darealphantom]

Gambling is definitely an easy addiction. I really only bet on football and basketball. We don’t have draftkings or fanduel here in Florida (thank god I’ve seen people bet on anything on those apps). I gamble myself but I have limits, I keep track of how much I deposit, win and lose. It’s fun for me nothing more than that. Anybody struggling with addiction I wish them the best and free from it

[@ban_tik_tok]

Any game of chance is ADDICTING. Some would argue that the STOCK MARKET belongs in this group as well

[@msisles6278]

I only bet on professional wrestling

[@JRChuxx]

Watching this makes me want to make another parlay 😂

[@dwaynekeenum1916]

L

[@thomasmason6631]

I was addicted to opioids for 6 years I’m clean now honestly gambling addiction look really rough

[@CrocodileWhispers]

I think the most worrying part is the partnerships between leagues and companies like Draft Kings. Seems like a conflict of interests to me

[@brianridgill]

These folks are adults. Rule #1 of gambling. Don't bet $ you are not willing to lose. This is a self control issue. Adults are addicted to dozens of things. And millions of people are not. This lies solely on the individual.

[@brainstem2023]

Addiction is addiction. You don't need to study gambling addiction because there have been studies about other addictions. Addiction is the sickness; gambling, alcohol, narcotics, caffeine, sugar, etcetera are the drugs.

[@shagy805]

damn thats crazy. anyways, whats yalls locks tonight

[@arbiehill68]

During the Chiefs game my brother had his phone in his face almost the whole game. I didn't say anything, just wondered why he wasn't watching the game, which was a good one. I realized later he was probably betting on the plays. After watching this, I'm sure that's what he was doing. He also likes to go to casinos. He has a good amount for retirement, but it won't last long if he keeps this up. Hope he can keep a handle on it.

[@ban_tik_tok]

Spoiler alert: He won't ❗