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Article In The Atlantic: Legalizing Sports Gambling Was A Huge Mistake (2 Viewers)


The article says increased but then gives stats that gambling decreases domestic violence.
Can you quote those stats?
A third recent paper, from the University of Oregon economists Kyutaro Matsuzawa and Emily Arnesen, shows another, perhaps more surprising—and certainly more harrowing—harm of gambling legalization: domestic violence. Earlier research found that an NFL home team’s upset loss causes a 10 percent increase in reported incidents of men being violent toward their partner. Matsuzawa and Arnesen extend this, finding that in states where sports betting is legal, the effect is even bigger. They estimate that legal sports betting leads to a roughly 9 percent increase in intimate-partner violence.

Gambling represents a 9% increase. Your team being upset results in a 10% increase. Seems like if we transition people away from rooting for teams to gambling we’d see a 10% decrease in domestic violence.
I think they’re saying upset losses increase domestic violence 10%, and legalized gambling adds an additional 9% to the baseline.

ETA already been said
 
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A third recent paper, from the University of Oregon economists Kyutaro Matsuzawa and Emily Arnesen, shows another, perhaps more surprising—and certainly more harrowing—harm of gambling legalization: domestic violence. Earlier research found that an NFL home team’s upset loss causes a 10 percent increase in reported incidents of men being violent toward their partner. Matsuzawa and Arnesen extend this, finding that in states where sports betting is legal, the effect is even bigger. They estimate that legal sports betting leads to a roughly 9 percent increase in intimate-partner violence.

Gambling represents a 9% increase. Your team being upset results in a 10% increase. Seems like if we transition people away from rooting for teams to gambling we’d see a 10% decrease in domestic violence.
I read that as legal gambling adds an additional 9% on top of the 10%.
Possibly, but it's extremely poorly written and an example of bad journalism by the Athletic.

That said, is it reasonable to assume that someone is polling domestic abusers and asking if your home team lost and if you're gambling legally? What kind of sample size are we talking about in this study? Furthermore, I would assume it wouldn't really be "legal gambling" and would be "losing at legal gambling". It doesn't make sense that someone would win a bet and say you know, that's a good reason to abuse my partner.
Here is the paper

Feel free to review their methodology.

NM @General Malaise beat me to it. Probably should read all posts before responding. :bag:
 
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Alarming patterns have started to emerge. Two recent working papers look at the economic impacts of legalization. One, by Northwestern University’s Scott Baker and colleagues, finds that legal sports gambling depletes households’ savings. Specifically, for every $1 spent on betting, households put $2 less into investment accounts. States see big increases in the risk of overdrafting a bank account or maxing out a credit card. These effects are strongest among already precarious households.

I feel like this statistic would be true for almost any variable. Every extra dollar spent on things outside of basic needs would reduce money put into investments.

The link of legalized gambling to decreased financial health also seems kind of loose. They reported a 0.3% reduction in credit score over several years in states with legalized gambling vs states without. It goes into additional financial struggles people are having and seemingly wants to apply those additional troubles to fallout from gambling. The reality could very well be that people are already struggling and tried to use on-line gambling as a way out of trouble and it didn't work.

Gambling addiction is real and that is a real problem.
 
Eh, I think it's quite reasonable to think that an addiction that can suck up your wealth quickly would result in decreased financial health on average. Sure, some folks can handle the low scale transfer of their money to casinos. Maybe those funds would have been spent elsewhere on other entertainment or drugs or drink. But there might be enough folks that get in really deep and push the averages a little.
 
FWIW, Patel (the ex-Jag's guy that got 6.5 years for embezzling 23 million from the Jags to gamble of DFS) filed a $250 million dollar lawsuit against FanDuel (looks like most of the funds ended up being lost there). Reading between the lines, it looks like FanDuel's employees/VIP host knew how to get around AML rules. It'll be interesting to see where this goes as they were pretty clearly violating their FINCen KYC obligations. Judging by what the VIP host did, he isn't the only employee who knows how to get around whatever controls they had in place.

 
I didn't realize how far out of the information loop I am on this gambling trend. I haven't watched a pre-game or post-game NFL show for years because my weekends are typically so crazy. Today I'm home alone and just turned on the football 10 minutes early and caught the last few minutes of the Fox pregame show. I had no idea that Bradshaw, Strahan and the boys are just openly shilling for daily fantasy gambling now. They gave their recommended bets as they were signing off and none of them were spreads, totals or moneylines - all recommended bets were fantasy adjacent daily performance props - for me the most addictive, worst ev form of gambling out there. Its no different than if Howie were up there recommending that teenagers all go buy some scratch-offs or bet snake eyes on their phone craps app and extolling the great odds it pays. And to think the NFL has actually suspended players for gambling, taken away their ability to make a living. The open hypocrisy is one of those incredible funny/sad phenomena for me.
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.
 
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I listened to Saagar from Break Points do a piece on sports gambling and he had a couple interesting points.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of user ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.
I 100% believe the bolded parts. The thing about only 5% of people withdrawing winnings is pretty much exactly in line with online poker, back when that was a big thing (it's probably still accurate, but I don't know). And gambling is definitely a whale-driven economy. Think about about those guys who drop six figures on stupid phone games. It's because of those people that phone games are designed to direct you to the store, and why Madden has so many microtransactions. They're the reason why they haven't made a new GTA in ten years. Once you understand that whales exist, it explains a lot about certain products.
 
Also added that parlays are bets for suckers and are the largest winners for the sports books.

The marketing on daily performance parlays is genius and plays directly to the weaknesses of low-information betters. I suck at math but my understanding is its not hard, with basic knowledge of how to calculate probabilities and understanding of odds, to do the math on whether a parlay payout is accurate (spoiler, they almost never are.) They are certainly sucker bets in most all instances in the modern betting world.

There was a time a decade or so ago when the gambling thread here (and I'm sure everywhere else) was having a blast using an NFL betting strategy known as Wong Teasers, which is a form of a parlay as it involved betting on the outcome of two games. The Wong teaser bets appealed to me because no analysis was needed - you just had to recognize the conditions that gave rise to the bets and bet every two-game combination that fit the system every week. Some weeks there were none, other times there were a dozen or more. It was a purely quant analysis so we didn't care about injuries, weather, records, etc. One poster here posted his bets every gameday and was able to remodel his basement after a few great weeks during the NFL preseason. The bookmakers eventually changed the payouts, rendering the system no longer profitable. That's when I closed all my online gambling accounts and haven't placed a bet since.
 
Also added that parlays are bets for suckers and are the largest winners for the sports books.

The marketing on daily performance parlays is genius and plays directly to the weaknesses of low-information betters. I suck at math but my understanding is its not hard, with basic knowledge of how to calculate probabilities and understanding of odds, to do the math on whether a parlay payout is accurate (spoiler, they almost never are.) They are certainly sucker bets in most all instances in the modern betting world.

There was a time a decade or so ago when the gambling thread here (and I'm sure everywhere else) was having a blast using an NFL betting strategy known as Wong Teasers, which is a form of a parlay as it involved betting on the outcome of two games. The Wong teaser bets appealed to me because no analysis was needed - you just had to recognize the conditions that gave rise to the bets and bet every two-game combination that fit the system every week. Some weeks there were none, other times there were a dozen or more. It was a purely quant analysis so we didn't care about injuries, weather, records, etc. One poster here posted his bets every gameday and was able to remodel his basement after a few great weeks during the NFL preseason. The bookmakers eventually changed the payouts, rendering the system no longer profitable. That's when I closed all my online gambling accounts and haven't placed a bet since.
Different corner of the gambling world, but my experience with online poker was similar. I made what looks like a stupid amount of money* by simply out-folding people for the most part. Sure, I knew how to play my hand post-flop, but the real money came from finding people who play way too many hands, out-folding them, and then following them around, preferably at 6-max tables so you can play more hands against them faster. After they cut off the American banks, the games I played in very quickly turned into the same twenty or so guys playing 6-8 tables at a time against each other, with the occasional European fish thrown in. It turns out that break-even poker is nowhere near as a fun as 4bb/hr poker.

* But was really just "minimum wage times a decent number of hours played over several years."
 
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I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.

Thanks. I recognize the Saagar guy on the video and know he's popular. But what is the vibe and reputation? I want to be clear as I share this.
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.

Unfortunately, I haven't run into this issue with DK :bag: but.....this happened to me (and many other FBGs) on off-shore websites due to winning too many prop bets (in my case) and it's just a dirty tactic. They have no problem taking your money when you lose, but if you win too often? They cut you. I just assumed that was the dirty-work of off-shore books during the period of online gambling illegality but no....no, publicly traded companies that cater to legal sports betting in the US are doing this too. Shame!
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.

Thanks. I recognize the Saagar guy on the video and know he's popular. But what is the vibe and reputation? I want to be clear as I share this.

Saagar is the conservative foil to the liberal Krystall Ball on the popular Breaking Points podcast (which used to be called "Rising.") He also has his own separate podcast called The Realignment. I subscribe to both on Spotify and would say they are both very good but I rarely have the ability to listen to them any more. I'm not certain about his reputation but my impression is he's a very smart and fair guy, albeit a bit young. His vibe is just that imo - a smart guy who is extremely articulate and talks the talk to appeal to younger people. He talks mostly politics but frequently gets into social issues, finance, economics, law, etc.
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.
I'm not inherently a pro-regulation guy, but this cries out for some at least minimal industry rulemaking.
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.
I'm not inherently a pro-regulation guy, but this cries out for some at least minimal industry rulemaking.
I would think carefully before regulating this practice. We ran a natural experiment on this topic in the blackjack world. For decades, Las Vegas casinos were allowed to ban card counters and New Jersey casinos weren't. The result was that blackjack games in New Jersey had a much higher house advantage than Vegas. (I know that the Vegas games all suck now too, but that wasn't the case twenty years ago).
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.

Thanks. I recognize the Saagar guy on the video and know he's popular. But what is the vibe and reputation? I want to be clear as I share this.

Saagar is the conservative foil to the liberal Krystall Ball on the popular Breaking Points podcast (which used to be called "Rising.") He also has his own separate podcast called The Realignment. I subscribe to both on Spotify and would say they are both very good but I rarely have the ability to listen to them any more. I'm not certain about his reputation but my impression is he's a very smart and fair guy, albeit a bit young. His vibe is just that imo - a smart guy who is extremely articulate and talks the talk to appeal to younger people. He talks mostly politics but frequently gets into social issues, finance, economics, law, etc.

Thanks @CletiusMaximus. That's what I was looking for.
 
I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.

Thanks. I recognize the Saagar guy on the video and know he's popular. But what is the vibe and reputation? I want to be clear as I share this.

Saagar is the conservative foil to the liberal Krystall Ball on the popular Breaking Points podcast (which used to be called "Rising.") He also has his own separate podcast called The Realignment. I subscribe to both on Spotify and would say they are both very good but I rarely have the ability to listen to them any more. I'm not certain about his reputation but my impression is he's a very smart and fair guy, albeit a bit young. His vibe is just that imo - a smart guy who is extremely articulate and talks the talk to appeal to younger people. He talks mostly politics but frequently gets into social issues, finance, economics, law, etc.
Yep. I started listening to him when he was on Rising with The Hill. I don't know all of his positions on things, but Rising and Breaking Points have a great format for people who want to listen to intelligence conversations on political topics. There isn't any yelling and its two people who can articulate their positions while listening to the other.

IMO Saagar is about as mild of a political commentator as you'll find.

Edit: However, I do think the title he used was a bit sensational.
 
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I listened to Saagar from Breaking Points do a piece on sports gambling and he had a couple interesting takes.

- Sports Books are up almost half a trillion dollars since legalization.
- Only 5% of users ever withdrawal winnings
- If you win too often, they will end your user agreement
- The bottom 3% of losers account for 50% of sports book profits (Hard to believe this number, but its probably true)
- Dramatic increase in gambling anonymous phone calls. Mostly young men, some under the legal betting age.
-He also sourced all the things the OP article did.

Why Online Gambling Is The Next Opioid Crisis​


His final recommendation was to restrict sports betting along the same lines of other vices. Take it off line and make betting in person. Limit advertising on networks.
I'm not inherently a pro-regulation guy, but this cries out for some at least minimal industry rulemaking.
I would think carefully before regulating this practice. We ran a natural experiment on this topic in the blackjack world. For decades, Las Vegas casinos were allowed to ban card counters and New Jersey casinos weren't. The result was that blackjack games in New Jersey had a much higher house advantage than Vegas. (I know that the Vegas games all suck now too, but that wasn't the case twenty years ago).
That's interesting. I would not even necessarily be against more of a house advantage for online betting sites though, as long as the factors that created that advantage were clearly and openly disclosed. That might even be net positive for society if the disclosures caused people to stay out of the market entirely.
 
Most of you probably know but The Atlantic is highly respected. This isn't some random blog.

The Atlantic is consistently at the top of thoughtful high quality journalism with a broad appeal and lots of respect.
I came across this post and couldn’t help but respond despite you being the Owner of FBG.

Please look further into what the Atlantic is, does, and who funds it. They are literally the most famous Democrat propaganda. It exists only for that reason. 🇺🇸
 
Most of you probably know but The Atlantic is highly respected. This isn't some random blog.

The Atlantic is consistently at the top of thoughtful high quality journalism with a broad appeal and lots of respect.
I came across this post and couldn’t help but respond despite you being the Owner of FBG.

Please look further into what the Atlantic is, does, and who funds it. They are literally the most famous Democrat propaganda. It exists only for that reason. 🇺🇸

Thanks. Yes, there is a lot of left leaning content on the Atlantic. I think this chart is pretty accurate. https://www.allsides.com/media-bias/media-bias-chart

But we don't do the political talk here any longer so please let's leave it at that. I think this feature was unbiased and talked through much of the relevant discussions on gambling. Let's please keep it to that.
 
I don't know which thread to post this in, but I just want to say that I am so incredibly, absolutely SICK AND TIRED of the constant and unending barrage of gambling plugs. I mean, sometimes I just want to turn on the sports news to see sports news, or turn on the fantasy show to get fantasy insights, or turn on the pre-game to hear about the game I'm about to watch. But instead I'm inundated with every analyst's favorite prop or potential parlay, etc. I don't know about anyone else, but I'm just really sick of it.

Rant over. Now get off my lawn!
 
I don't know which thread to post this in, but I just want to say that I am so incredibly, absolutely SICK AND TIRED of the constant and unending barrage of gambling plugs. I mean, sometimes I just want to turn on the sports news to see sports news, or turn on the fantasy show to get fantasy insights, or turn on the pre-game to hear about the game I'm about to watch. But instead I'm inundated with every analyst's favorite prop or potential parlay, etc. I don't know about anyone else, but I'm just really sick of it.

Rant over. Now get off my lawn!
Yup. It's absolutely awful.

I am not without my vices....so I'm certainly not gonna tell another grown person how to spend their money or time. But as someone who's had a family member get sucked into the legalized gambling world and its predatory practices, I think the whole thing absolutely sucks.

Drives me nuts when I'm flipping around the TV or radio and think I'm popping into a legitimate sports discussion. ..only for it to transition to "and the chiefs are -250 to cover the money line so let's parlay that with Travis Kelce over 75 recieving yards SPONSORED by DRAFT KINGS!!!!!"

Awful for society on so many levels
 
@Joe Bryant

IIRC, doesn't this website produce the bulk of its content for DFS? It was the main reason I stopped subscribing.

Not at all.

By far the bulk of our content is focused on Season Long and Dynasty Fantasy Football. We do offer some content for DFS in our Hall Of Fame package but our content is overwhelmingly focused on regular fantasy football and not DFS. We have more season long content now than we've ever had in our 25 years at Footballguys.
 
It just sucks that it's brainwashing our children. I can't watch any sports with my kids without constant ads and in game props. I'm constantly in my 11 year olds sons ear that it's a losing proposition and any time someone offers you free money, it's a scam. I hate that these big time celebrities are in all the commercials and promote gambling as normalcy. It's absolutely abohoerent...this world is becoming so greedy and corrupt.
 
I don't know which thread to post this in, but I just want to say that I am so incredibly, absolutely SICK AND TIRED of the constant and unending barrage of gambling plugs. I mean, sometimes I just want to turn on the sports news to see sports news, or turn on the fantasy show to get fantasy insights, or turn on the pre-game to hear about the game I'm about to watch. But instead I'm inundated with every analyst's favorite prop or potential parlay, etc. I don't know about anyone else, but I'm just really sick of it.

Rant over. Now get off my lawn!
Yup. It's absolutely awful.

I am not without my vices....so I'm certainly not gonna tell another grown person how to spend their money or time. But as someone who's had a family member get sucked into the legalized gambling world and its predatory practices, I think the whole thing absolutely sucks.

Drives me nuts when I'm flipping around the TV or radio and think I'm popping into a legitimate sports discussion. ..only for it to transition to "and the chiefs are -250 to cover the money line so let's parlay that with Travis Kelce over 75 recieving yards SPONSORED by DRAFT KINGS!!!!!"

Awful for society on so many levels
Yup...fwiw, I do think these sportsbooks are sort of at a crossroads with Kalshi and Polymarket (just got 2 billion from ICE/NYSE exchanges) coming for them. I mean who doesn't want 18 year olds buying futures contracts with better tax treatment all regulated by the most feckless financial regulator we have in the US. Oh did I mention since they're financial contracts, if you're in CA or some of the other states where gambling isn't legal, you can use them since they are "futures contracts". I guess the upside is that short of actual manipulation, they probably won't turn you off since these are more or less zero sum (minus the vig).

 
Is online gambling different or worse than video games? Domestically, there is 60 billion spent each year on video game downloads. And there you have 0 chance of ever getting any of that money back. It preys on kids, younger than 18, with games like Minecraft and Fortnight and Roblox.
 
Is online gambling different or worse than video games? Domestically, there is 60 billion spent each year on video game downloads. And there you have 0 chance of ever getting any of that money back. It preys on kids, younger than 18, with games like Minecraft and Fortnight and Roblox.

Are we talking about the actual playing of video games or the use of micro-transacations to milk the player-base (specially the "whales" who spend hundreds if not thousands of dollars after the fact)? That's two VERY different things.

Buying a copy of Fifa (or now EA FC I guess) for $70 bucks and playing it a reasonable amount of time is mostly harmless. (Obviously there are better ways to spend your time, but many video games do help develop hand-eye, creative or problem solving skills that can be beneficial)

Spending thousands and thousands of dollars on "card packs" (which are essentially a gambling mechanic) within FIFA to boost up your Fifa ultimate team profile is VERY harmful and basically a way to legally get children hooked on gambling.

The big difference is that people generally dont put themselves in bankruptcy by buying Fifa packs trying to pull a 99 rated Messi cards. Plenty of people (otherwise smart, successful people) put themselves into bankruptcy and ruin their lives chasing parlays. And the gambling sites specifcally target losing players by throwing them out teaser bets and bonuses whenever they dont play for a while. Its digusting.
 
Is online gambling different or worse than video games? Domestically, there is 60 billion spent each year on video game downloads. And there you have 0 chance of ever getting any of that money back. It preys on kids, younger than 18, with games like Minecraft and Fortnight and Roblox.

Are we talking about the actual playing of video games or the use of micro-transacations to milk the player-base (specially the "whales" who spend hundreds if not thousands of dollars after the fact)? That's two VERY different things.

Buying a copy of Fifa (or now EA FC I guess) for $70 bucks and playing it a reasonable amount of time is mostly harmless. (Obviously there are better ways to spend your time, but many video games do help develop hand-eye, creative or problem solving skills that can be beneficial)

Spending thousands and thousands of dollars on "card packs" (which are essentially a gambling mechanic) within FIFA to boost up your Fifa ultimate team profile is VERY harmful and basically a way to legally get children hooked on gambling.

The big difference is that people generally dont put themselves in bankruptcy by buying Fifa packs trying to pull a 99 rated Messi cards. Plenty of people (otherwise smart, successful people) put themselves into bankruptcy and ruin their lives chasing parlays. And the gambling sites specifcally target losing players by throwing them out teaser bets and bonuses whenever they dont play for a while. Its digusting.
I'm talking more about the micro-transactions. To be honest, I'm coming at it second hand since I don't play them but my nephew is 17 and supposedly spends "hundreds" to gain advantages or get through levels (?) of certain games. He's basically fixing for a dopamine burst and addicted to where he "can't control himself" at this point.
 
Is online gambling different or worse than video games? Domestically, there is 60 billion spent each year on video game downloads. And there you have 0 chance of ever getting any of that money back. It preys on kids, younger than 18, with games like Minecraft and Fortnight and Roblox.

Are we talking about the actual playing of video games or the use of micro-transacations to milk the player-base (specially the "whales" who spend hundreds if not thousands of dollars after the fact)? That's two VERY different things.

Buying a copy of Fifa (or now EA FC I guess) for $70 bucks and playing it a reasonable amount of time is mostly harmless. (Obviously there are better ways to spend your time, but many video games do help develop hand-eye, creative or problem solving skills that can be beneficial)

Spending thousands and thousands of dollars on "card packs" (which are essentially a gambling mechanic) within FIFA to boost up your Fifa ultimate team profile is VERY harmful and basically a way to legally get children hooked on gambling.

The big difference is that people generally dont put themselves in bankruptcy by buying Fifa packs trying to pull a 99 rated Messi cards. Plenty of people (otherwise smart, successful people) put themselves into bankruptcy and ruin their lives chasing parlays. And the gambling sites specifically target losing players by throwing them out teaser bets and bonuses whenever they dont play for a while. Its digusting.
I'm talking more about the micro-transactions. To be honest, I'm coming at it second hand since I don't play them but my nephew is 17 and supposedly spends "hundreds" to gain advantages or get through levels (?) of certain games. He's basically fixing for a dopamine burst and addicted to where he "can't control himself" at this point.

Then yes, I think you can certainly make the argument that's pretty close to as bad as gambling. Parents should shut that crap down now before he's a 25 year old with a job and a credit card chasing 6 leg parlays and going into thousands of dollars in credit card debt.
 
It just sucks that it's brainwashing our children. I can't watch any sports with my kids without constant ads and in game props. I'm constantly in my 11 year olds sons ear that it's a losing proposition and any time someone offers you free money, it's a scam. I hate that these big time celebrities are in all the commercials and promote gambling as normalcy. It's absolutely abohoerent...this world is becoming so greedy and corrupt.
A not inconsequential amount of high school kids get sucked into gambling sites that don’t use real money. They get hooked and then when they turn 18, a lot of those same sites then offer actual gambling.

I’d be really interested to see what the average win/pay rate is on the non-money side of things versus the real money side. Wouldn’t surprise me at all if there is a higher win/pay rate on the phony money side that convinces young adults that real gambling is more winnable than it is.

Of course people are just bad at math too. Parlays have terrible odds and yet they’re among the most popular sports bets.
 
Not sure if this is what you meant on video games but some of the troubling sites like Fliff operate for all ages and it's like sports book gambling with tokens.

The argument against it is kids are trained to do it and then recruited by the legal sports books when they're of age.
 
I didn't realize how far out of the information loop I am on this gambling trend. I haven't watched a pre-game or post-game NFL show for years because my weekends are typically so crazy. Today I'm home alone and just turned on the football 10 minutes early and caught the last few minutes of the Fox pregame show. I had no idea that Bradshaw, Strahan and the boys are just openly shilling for daily fantasy gambling now. They gave their recommended bets as they were signing off and none of them were spreads, totals or moneylines - all recommended bets were fantasy adjacent daily performance props - for me the most addictive, worst ev form of gambling out there. Its no different than if Howie were up there recommending that teenagers all go buy some scratch-offs or bet snake eyes on their phone craps app and extolling the great odds it pays. And to think the NFL has actually suspended players for gambling, taken away their ability to make a living. The open hypocrisy is one of those incredible funny/sad phenomena for me.
Yeah, I found that jarring too.
I rarely catch pre-game CBS/Fox shows, but have noticed it's all over sports radio whenever I listen.

No idea what the answer is.

Making it illegal again doesn't make sense. So much of our economy runs on convincing people to make really stupid financial decisions. We've so completely normalized all forms horrible financial decisions. And of course, we've had state sponsored gambling for decades that isn't going anywhere.

Some regulation to keep from targeting kids would be nice, but outside of that, I can't see much that would make sense to do.
 
Was in Columbus Ohio for work last week. They straight up have sport bars sponsored by Draft Kings and the like. I love my sports betting as much as the next guy but that kind of blew my mind a bit.
 
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Making it illegal again doesn't make sense.
Why not?

I don't think it will happen given the moneyed interests involved, but it would be in the public interest.
It's like Prohibition. Not going to stop it. It will always exist. So regulate and tax, rather than waste billions trying to eradicate it. We already have the War on Drugs, we don't need another
 
Making it illegal again doesn't make sense.
Why not?

I don't think it will happen given the moneyed interests involved, but it would be in the public interest.
It's like Prohibition. Not going to stop it. It will always exist. So regulate and tax, rather than waste billions trying to eradicate it. We already have the War on Drugs, we don't need another
Equating legalized gambling with the war on drugs is a straw man I never envisioned.

No billions were spent prior to legalization. You're conflating the two.

Really, I don't even know where to begin. Sure, lives where ruined in the bookmaking era, but that's increased exponentially following legalization.
 
In what way do think that no billions were spent prior to gambling legalization?
I believe, but I could be wrong, that he was referring to the billions spent fighting the war on drugs. I do not believe that billions were spent on enforcing gambling laws.
This stemmed from
So regulate and tax, rather than waste billions trying to eradicate it. We already have the War on Drugs, we don't need another

I think we'd all agree that billions have probably been spent on both illicit drugs and gambling. However, I think everyone realizes the amount we've spent on drug enforcement doesn't begin to approach whatever was spent enforcing gambling laws prior to legalization.
 
Most of you probably know but The Atlantic is highly respected. This isn't some random blog.

The Atlantic is consistently at the top of thoughtful high quality journalism with a broad appeal and lots of respect.
I came across this post and couldn’t help but respond despite you being the Owner of FBG.

Please look further into what the Atlantic is, does, and who funds it. They are literally the most famous Democrat propaganda. It exists only for that reason. 🇺🇸
Nothing better than claiming content is wrong simply because of where it is published.

Care to backup any of your claims with actual data? Care you make even one speculation about the point of the article?

Or are you just here to :stirspot: since you havnt even made a claim.

PS - bring back the PSF!!
 
Is online gambling different or worse than video games? Domestically, there is 60 billion spent each year on video game downloads. And there you have 0 chance of ever getting any of that money back. It preys on kids, younger than 18, with games like Minecraft and Fortnight and Roblox.
This was all the regulation around "loot boxes" being random chance as a form of gambling with minors.
 
I think both loot boxes in video games and online gambling should be illegal. I feel more strongly about the loot boxes, but neither issue i care that much about.

To expose myself as a hypocrite, if they ever legalize online sports betting in Texas I would open an account almost ASAP. But, would just deposit 100 dollars at beginning of football season and then see how far i could get with that. It is harmless fun for the majority of people who bet online.
 

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