How Sports Betting Is Changing Everything About Sports

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Bloomberg Originals

Күн бұрын

Пікірлер: 256

@LikeForMoreComedy 5 ай бұрын

Sportbetting shouldnt be allowed for athletes, and trading shouldn't be allowed for congress.

@Nswix 5 ай бұрын

Why? It's already illegal to bet on yourself to lose...

@jmoney4695 5 ай бұрын

This seems a little heavy handed. Why can’t a professional hockey player bet on his favourite NFL team in the Super Bowl?

@poindextertunes 4 ай бұрын

@@jmoney4695did you just ignore the part where he said politicians shouldn’t be able to trade 😂

@matousdlouhy475 4 ай бұрын

@@jmoney4695 because he might know and talk to him through his connections, they just shouldnt be able to

@felicianoabe 4 ай бұрын

Thats bs. Gambling and stock market should be open for all.

@jebbo-c1l 4 ай бұрын

gambling should be treated like cigarettes, illegal to advertise

@dark12ain 4 ай бұрын

I still see advertising for cigarettes though

@kaffarashortskabhi 4 ай бұрын

@@dark12ainin the United States?

@dark12ain 4 ай бұрын

@@kaffarashortskabhi yes

@sportsbettingeducation 4 ай бұрын

I’ll never understand why you feel the need to tell other humans what they should and shouldn’t do. Focus on yourself. Outlawing advertising is crazy.

@Saavys 4 ай бұрын

W gambling 🎰 🤑

@bl5752 4 ай бұрын

Just skip over the addiction aspect of it completely.

@tanner9956 4 ай бұрын

Everyone already knows about that.

@killiansmith728 4 ай бұрын

yeh why did they interview wide receivers to talk about it lol

@AustinNovel 4 ай бұрын

Clearly not the topic

@querty292 4 ай бұрын

Shhhh… this is Bloomberg, not health advice.

@JoshuaMartin992 4 ай бұрын

That’s old news lol everyone knows gambling is addictive.

@BI-sd3sw 5 ай бұрын

I find it undemocratic that sport books can ban serial-winners. It’s flooring your own losses, which it not common business. It should be banned - if people keep beating your odds, you should go out of business it’s your business risk

@namastyle 5 ай бұрын

The problem isn't that books ban winners, but rather that they limit their action to only a few dollars. Other sites like Fanduel will limit action to a percentage of what they offer the general public, which is especially insidious. Sportsbooks should be regulated to forced to accept "bids" on their "offers" with the same amount of depth/liquidity to the public. If casinos are willing to allow a punter to wager $100K on an outcome, they should be forced to accept a sharp bettor to take that same bet. If this results in a world where sportsbooks are extra risk-adverse and have lower limits for everyone, if there are increased cooldowns for the algorithms to suspend markets to evaluated if odds should be adjusted, all the better. If odds are worse for everyone, that's also fine--let these companies show themselves to be the real predators that they are, and let them be scared of being preyed upon like their customers.

@PlayJasch 5 ай бұрын

It is a business. Everyone should keep their right to decide who to do business with.

@Nswix 5 ай бұрын

Betting is a business, not a public service. Casinos are a company, set up to make a profit.

@stereomachine 4 ай бұрын

You think sports books are democracies?

@kaban84 4 ай бұрын

@@stereomachine the best sportsbooks are and allow the same action to all the users. They invest more on odds accuracy than in risk management (kicking winners out), which is the way to go.

@Praisethesunson 2 күн бұрын

I'm glad I can count on the reliable reporting of Bloomberg™ to tell us all about sports gambling. In a way that blatantly sidestepped the obvious issues of putting literal gambling in the pocket rectangles of literally every American.

@joshkatsikis9138 4 ай бұрын

Sportsbetting is gambling, and gambling is an addiction. We as a society cannot allow multi-billion dollar sports leagues to infect people with an addiction.

@jamesjazz3395 4 ай бұрын

Line must go up.

@AzraelBRB 4 ай бұрын

no gambling is gambling 💀

@CowSaysMooMoo 4 ай бұрын

For SOME people; The same way EATING is an addiction for some people. You gonna ban food ads?

@velkorez2822 4 ай бұрын

@@CowSaysMooMoo well people need to eat, people do not need to do sports betting like what kind of comparison is that?

@CowSaysMooMoo 4 ай бұрын

@@velkorez2822 Fair; I meant OVEReat. Point is that anything can be abused if not done in moderation, and it is not the purveyors of the product that are at fault.

@JaydonTobler 4 ай бұрын

It had been a long time I watched ESPN, but I put on in my hotel room while I was away on a trip earlier this year. I immediately realized how sports betting has completely ruined everything.

@mikemichaels2914 20 күн бұрын

How did you immediately realies?

@JaydonTobler 15 күн бұрын

@ Every other segment was about recent sports betting trends. Every game on the bottom ticker had odds. And a leading story was yet another professional player getting caught sports betting.

@99HockeyDad99 4 ай бұрын

Talking money lines on TV is disgusting!!

@johns66723 4 ай бұрын

and just, not very interesting for most people

@SK-lt1so 23 күн бұрын

If people were questioning if sports were fixed before, now they are sure.

@fredeisen7401 9 күн бұрын

The Officiating crew also needs to be held responsible which was not mentioned in this video. You can see it in action on most NFL games. In the Detroit Lions/ Minnesota Vikings game Detroit got away with a lot of defensive holding and pass interference calls. I am not a fan of either team, but it was quite obvious who was supposed to win the game.

@mobilegamingtv4025 5 ай бұрын

So organized crime vs organized crime.

@EverettBurger 5 ай бұрын

Many of these hypotheticals center around the players impacting the results of a game to help bets. What about officials? Wasn't it an NBA ref what was imprisoned for game fixing?

@nimahanna1709 4 ай бұрын

There were many. The one you're talking abouts friends were co-conspirators were let go.

@TobinNickels 4 ай бұрын

Yes, but that was a long time ago. Pre fan duel etc.

@igorslocks 3 ай бұрын

Players aren't fixing games. Refs? Always and forever

@sutats 4 ай бұрын

Michael Jordan has entered the chat.

@carlodemarchis 4 ай бұрын

Is this sponsored by Sportradar?

@kennethuyabeme 4 ай бұрын

It's clear the American leagues aren't thinking about addiction when it comes to players but I bet some these cases we've seen are cases of addiction. The leagues are so scared of players betting they aren't offering support for folks caught gambling like the European leagues are. Jontay Porter was for sure an addict and he needs help.

@RANE303 22 күн бұрын

Has it not been clear that America wants its people addicted? Let’s be real.

@finnishview2933 18 күн бұрын

He need to pay back for people who bets lost, via betting companies.

@omenoflaherty1294 4 ай бұрын

I just can’t believe there’s that many people who won’t at least casually look up probability and statistics to convince themselves that they have no chance of ever winning consistently in the long run. And then when you realize that the companies they’re giving money to provide absolutely nothing to them in return, but rather just create ever more devious ways to fleece them of their earnings, it just becomes downright sad and twisted. Our culture just keeps finding ways to sink lower and lower. If you wanna gamble, gamble, but it should be done how it’s always been done: quietly and discreetly, or in designated venues, to minimize its destructive and pervasive influence. Our culture should absolutely not be hi-fiving sharks and bookies in the spotlight like this for all the world to see; it’s despicable.

@rentslave 13 күн бұрын

Baseball is different from other sports in that their games are not one shot affairs.Series play makes the difference.

@GalacticAstroparticles 17 күн бұрын

*Gambling killed sports.* Just the fact that gambling is legal (and even promoted) makes all bet-able sports fixable, and therefore pointless. Sports is no longer about competition. It's now all about money, nothing else.

@johnappleseed6210 4 ай бұрын

Asking players who play for the NFL to make comments on gambling creates a major conflict of interest considering they could face repercussions for criticizing the system. Shameful “journalism” by Bloomberg.

@BrendanGeormer 4 ай бұрын

My biggest issue is game integrity being called into question. It's practically impossible to prove, and therefore impossible to disprove as there will always be doubt when it's possible; not to mention encouraged to get involved in sports gambling by every league.

@mikehennessy6766 22 күн бұрын

it has been rigged long before legalization my friend

@finnishview2933 18 күн бұрын

@@mikehennessy6766 NBA is most rigged league. Rigged by refs.

@_nick_26 23 күн бұрын

“This presentation has been brought to you by DraftKings”

@hgman3920 23 күн бұрын

The best solution to the Jontay Porter match fixing I've heard is for sports books to stop offering bets on individual athletes to under perform. It much easier to fix a match by under performing than over performing.

@emmanuelcadet3120 6 күн бұрын

No. That'd worse for the betters. Notice how touchdown are one way bet. Can't take the under and lots of gamblers lose on that each week.

@Aiuto-vk5tq 5 ай бұрын

It should be illegal. It destroys lifes and the Sport itself

@Nswix 5 ай бұрын

It being illegal doesn't stop anyone doing it.

@mitchellscheer677 5 ай бұрын

Needs more stringent regulations

@UkieGunZ 4 ай бұрын

cope

@GengoSenmon 4 ай бұрын

Tobacco destroys far more lives. In the time it took you to read this, someone in the world died due to tobacco. Where is your anger against tobacco? Get rid of the most harmful vices first before you start virtue signaling🤦‍♂

@lui9267 4 ай бұрын

Yes it does @@Nswix

@MN-Hydro 4 ай бұрын

Whats stopping the in booth reviews from looking at the money lost/won to decide on a call that is basically a coin flip call. Basically turning over a TD or giving someone the TD or call In their favor based on if they will lose more if they call one way or another. They talk about the players but honestly I’m more concerned of the upstairs people who make the calls on “booth review” plays. Not sure if I explained this well but 🤷‍♂️

@Tarx-ml5qo 4 ай бұрын

“Harry Kane’s already scored, we’re half way there” Proceeds to show lost bet screen 😂

@tylerleggett5088 5 ай бұрын

I don't think it's right for players to get in trouble for betting during the off-season or on sports different than their own when we're literally bombarded with at least one gambling ad per commercial break. Players should be smart enough to not place bets on their team or league, but otherwise the conflict of interest is minimal. I guess players with huge losses could be influenced, but even players with huge debt like Jordan had the means to afford the staggering bets waged

@EverettBurger 5 ай бұрын

Or, we can accept that sports are nothing more than entertainment, like Hollywood.

@MrGoodeats 4 ай бұрын

they aren't allowed to smoke marijuana why should they be allowed to gamble? I think its more about banning them from doing silly things than the actual gambling aspect whenit comes to other sports

@naswiipp 4 ай бұрын

In America, only after they completely dismantled La Cosa Nostra did the government introduce online sports betting.

@GoodMenstruationAttitude 4 ай бұрын

How come we always hear about athletes getting busted for tipping sports betting companies, but you never hear of any sports betting employees getting busted for accepting tips?

@gabrielrodriguez821 4 ай бұрын

Phsst.. let me tell you a secret, pro players have been betting in their leagues for decades and the teams management all know about it.

@hendrikdose2189 4 ай бұрын

I think its very rude to only blame the players, when the clubs leagues and governments are all more than happy to profit from betting companies.

@BetterSubstance 5 ай бұрын

Regardless of what will be put in place. People who want to bet will eventually find a way to to bet 😅 Where there’s a will, there’s a way

@AzraelBRB 4 ай бұрын

fr like would they rather people bet illegally?

@npxmnpxm 6 күн бұрын

ESPN was always a bit loose with its journalistic ethics but now the whole format is a joke, everything pushes ESPN Bet.

@aslam7952 5 ай бұрын

But who polices the profits the sports betting companies make? Is there any risk for them? Can they even a make a loss, especially if the betting is done online?

@coolcreep 4 ай бұрын

I mean they CAN make a loss but just like any other business, if they run the business well they won't. The whole idea is that the losers pay the winners - their goal is to create betting lines that will get roughly even amounts of money on either side. That's why the line changes over time - if lots of people are betting one side, they'll improve the odds for the other side to get more money to even it out.

@d.b.cooper1 4 ай бұрын

Nope. They don't make losses. Only a fool would. In the UK all our big companies are profitable af, most have been bought out but operate under different brands. We're thankfully finally clamping down on gambling advertisement etc. The negative impacts on society can be huge. Ruins lives & families. It took decades to have safeguards in place in the UK, I just pray you yanks figure it out sooner rather than later.

@senseiadam-brawlstars9465 4 ай бұрын

They also BAN/LIMIT people who win too much.

@evanlesage2784 4 ай бұрын

@@coolcreepthat’s not how it works. Books move on sharp action to find the proper probability. They don’t care about equal action

@evanlesage2784 4 ай бұрын

In the US most of these books aren’t profitable. They have huge tax rates and a lot of competition

@andre.as.kyriakou 13 күн бұрын

I didn't follow sports of any kind, but this is fascinating

@birdatbattlefield 5 ай бұрын

Various congresses and parliaments around the world.

@rotkev 12 күн бұрын

Bet on any game situation live from your phone! What could go wrong?

@jimmycheunghau4192 4 ай бұрын

So no mention of Ohtani in this video…ok

@windycitybeats6724 3 ай бұрын

😂😂

@patrickcroft2906 12 күн бұрын

Sadly he got a pass.

@ChampagneClosser 4 ай бұрын

Yes, your information is valuable.

@snowman9642 4 ай бұрын

Lakers Vs Kings 02’ was a pretty big sports betting scandal

@finnishview2933 18 күн бұрын

Lakers Vs Raptors was another obv one. But its NBA, everyone know that refs fix games. They dont even try hide it anymore. Refs in NBA are untouchable.

@moonpie1206 24 күн бұрын

What if the nfl was already fixed for a long time, and the Supreme Court paved the way for it to scale its business model?

@althafandbrothers 5 ай бұрын

Wait until they have their own "Pelossi" or "Cramer" and this industry will pop even more

@deletado12 18 күн бұрын

Ótimo documentário!

@Yugarf 4 ай бұрын

Super interesting topic. Personally I did quite a bit of sports betting when I was a teen through esports. Counterstrike had and still has a whole market of virtual skins which can be gambled, and allowed for kids to access gambling readily. Ever since I haven’t touched betting, it was quite addictive so I’m glad I learned my lesson when I didn’t have much money 🤣

@ElectricianAl 4 ай бұрын

It’s way worse now man. The whole Mr Beast dead tables with golden tickets in random bars. Saying your throwing in a ps5 in with a few random orders to get people to buy t shirts. Any game that has dlc that is a slot machine style of rewards hoping you get that Legendary. I’m in my 30’s and I like betting on football games to make them more interesting but I can’t because it’s illegal in my state. Yet I see gambling on things directed toward children all the time.

@RumblesBettr 14 күн бұрын

Betting on esports 😂😂😂😂

@goodfella_ 5 ай бұрын

*** Nancy Pelosi has entered the chat ***

@MelonyEnterprise-y2e 4 ай бұрын

It makes more money to rig a game than to actually earning the salary

@ZachPowers1996 4 ай бұрын

Yooo the backwards boat at 7:16 is craaazyyy

@djordjetomic9728 24 күн бұрын

Thats why you can use advanced tools like Xaslarbet AI and take an edge against bookies. Take advantage of today’s technology, it’s not all that bad 😂

@RANE303 22 күн бұрын

🤫

@NFLparlay 20 күн бұрын

Thank you for this comment bro!

@finnishview2933 18 күн бұрын

And how you think that AI is better than bookies AI? Im sure they have more money put in that sector than any other company can. If that Xarlabet is better than bookies, problem is already solved. all bookies go bankrupt this year. Dont advertise that thing because someone may actually belive you.

@djordjetomic9728 18 күн бұрын

@@finnishview2933 who said it’s better than bookies AI? Xaslarbet AI is looking for the best possible player props available and than give you insight in % of probability…

@B3Band 10 күн бұрын

You're wrong. Because if you are successful at betting, the sportsbook will just ban you. Winning is not permitted.

@ggbooliano 3 ай бұрын

Just want to clarify for Calvin Ridley, he bet for falcons to win and the over on the second half points. He was betting on them to do better. Not saying what he did was okay just that he wasn’t throwing games

@fikstheruler1762 3 ай бұрын

What’s that sports bar @ 3:11

@RookPlaysFPS 4 ай бұрын

Interesting to not mention Ohtani

@russellst.martin4255 27 күн бұрын

This further highlights the fact that morality and legality aren't mutually exclusive terms. Something once considered a degenerate act is suddenly advertised everywhere, and the only difference is that now it's making the right people money. As long as we're moving this way I can think of a few other things people continue to do despite being illegal that would instantly become safer if they were simply regulated. The proliferation of gangsters in the 1920's following Prohibition was no accident. I feel like driving people underground into circumstances where grotesque brutality, death, and disease thrives is decidedly more immoral than partaking in those non-violent actions deemed illegal themselves.

@ichifish 4 ай бұрын

Sports betting is a simple money-funnel from young men to old men.

@Muffinarm_ 17 күн бұрын

I absolutely loathe the combination of sports betting and entertainment. I find watching sports very difficult now and this is the primary reason why.

@TamaraGraff 4 ай бұрын

Binary options can bring a lot of money, especially if you use it in a right way

@ZER0-- 18 күн бұрын

Suspicious betting patterns. That's what bookies call a regular winner, or a person who keeps beating them.

@InzHills 4 ай бұрын

We want on line POKER back!!!

@hgman3920 23 күн бұрын

The amount of corruption in online poker makes sports gamblers look like Boy Scouts. And this is just based on the number of online poker sites which have been caught and busted. No telling how much more scamming is going on at the sites which haven't been caught yet

@finnishview2933 18 күн бұрын

Online poker today = you can win if your bot is better than other people bots. Not that many humans play anymore and bots beat humans who try to play. Online poker is dead because bots.

@laveritàfamale_truthhurts 26 күн бұрын

Pros have one rule about betting... dont bet on your own sport. A life time ban for everyone who is betting on his own sport or fixing games would be enough, not like a thing they did for Fagioli and Tonali. It is very offensive for people that believes in sport

@kirkwoodbharris5110 4 ай бұрын

It seems too easy for criminal organizations to turn an insider into an asset (just like a gov't spy) who can either provide enough info to take advantage of, or are able to influence a player's performance (either knowingly or unknowingly) enough for the betting org to make a confident bet over the house odds. Once you have that advantage in place, you can start playing the numbers game knowing that while some bets will lose, the majority will win, thus creating a gauranteed ROI. From a criminal's pov, you almost don't want a gauranteed outcome for only one game but rather a small advantage over the course of the whole season(s).

@Sam-rp6tm 3 ай бұрын

Yep

@TiE23 4 ай бұрын

1:54 "стиль" (stil') in Russian means "style" in English, so the text on the collar is essentially saying "STYLE" in Russian. This is pronounced roughly like "steel" in English, but with a softer "s" sound at the beginning and a slight palatalization (softening) of the "l" at the end. The apostrophe after the "l" in the romanization indicates this soft pronunciation of the final consonant. Perplexity AI helped me with that, for everyone else who’s curious.

@SaintMarrow 4 ай бұрын

Lol they’re against anyone making money but themselves (betting/gambling companies

@JennieHoffman-n6b 4 ай бұрын

Could you do a video on advanced candlestick patterns?

@kalfunai 5 ай бұрын

I love betting but i am broke now.Can someone lend me 5k for a week.I will pay 15% interest.

@MeetJarred 5 ай бұрын

Someone should tell TERRON ARMSTEAD, that GAMBLING on Sports is NOT and "Investment" lolololol.

@sunalwaysshinesonTVs 2 ай бұрын

Players should be allowed to place bets... but ONLY betting if their team wins. No other bets allowed for players.

@mikebarnes2294 28 күн бұрын

No, because they have also have inside information as to when their team is more likely than normal to lose.

@LilMOMMAson 5 ай бұрын

Wow, Orange Thomas is impressive, both on and off the field.

@constructionisdangerous Ай бұрын

So..they expect us to blv ...that no riggerony is going on in the 4 major sports in America...lol

@jaysam9117 5 ай бұрын

If you make loads as pro athlete and do this you deserve everything you get...

@EverettBurger 5 ай бұрын

Do pros really make loads of money? The average NFL player is done after 3.1 seasons. Plus, many are still locked into their rookie contract. After the length of a career, a kindergarten teacher will make.more than the average athlete

@JS-lc4kg 4 ай бұрын

@@EverettBurger yes.

@magic_magic1 4 ай бұрын

Let’s go gambling!

@RoshaneWick 5 ай бұрын

Yo but whot tf is Jontay Porter, was he ever in a line up?

@saddammall3337 4 ай бұрын

Two for the money 🤑

@bbweick 2 ай бұрын

what they think we want: sports betting what we actually want: the return of video poker at buffalo wild wings

@oliveroliver7970 4 ай бұрын

Just feel like I should gamble again.

@ChrisTookFlight 2 ай бұрын

Got a parlay locked and loaded for the nba opening night watching this to pass the time 💯💯

@seanieboi8619 4 ай бұрын

Julius the only person they should be interviewing lol

@Matthew-ns1vr 2 ай бұрын

It's easier to predict because all the casual betters...

@KB-313 4 ай бұрын

brought to you by fanduel

@skycapt01 Ай бұрын

That Rays shirt tho

@VonKirda 17 күн бұрын

Now it is taking over chess. Any sports where it is easier to throw a game ?

@hiramabiff2790 4 ай бұрын

That’s all I see in the nba …..fixing the game …..

@BethDebruler 4 ай бұрын

Hi I'm Chu from Philippines . Too long already I want to learn how to trade but i don't know how to start

@blake3474 4 ай бұрын

I say let the pros do sports betting… on themselves. On their own team. Never against. That way you t encourages them to play harder. Make their sports betting slips record public. Or at least to officials

@davestrider2045 4 ай бұрын

Tbh athletes gambling is only really a problem if they are betting against themselves. Aiming for 100 yards in a game… great that’s your job. People might argue that there are specific situations in which interests can be misaligned and that’s true. But that’s always the case for athletes, their interests and the teams interests can’t be aligned perfectly. The issue is when there is an obvious conflict of interests (such as betting against yourself) or a strong enough reason to substantially change your play (if an WNBA player who shoots a couple 3’s a night bets she’s gonna make 8 in a game she’s probably going to play a little differently).

@mikebarnes2294 28 күн бұрын

Team members of professional athletic teams by necessity have inside information that is not privy to the general public. Even despite their best efforts there will always be games where the team has a lower than expected chance of winning due to things average people are not aware of - and on which normally betting players would refrain from wagering on. So even if they only ever bet on their team to win, there is still potential for athletes to inappropriately benefit from inside information.