Legalizing Sports Gambling Has Turned Into A Huge Mistake (The Atlantic)

[Nymbus]

Almost as bad as gambling with AMC

hodl!!!

 

[MyApps]

If you scared, just say that...

 

[skyrunner1]

Its way worst than most think, wait til this next generation come up..

Talk to anyone in school system, they will tell you about high school kids gambling with they parents credit card and such.. When I heard kids talking about hitting a parlay, I was shocked. This is just a slight crack people will overlook.. Seeing how rapid people have accepted gambling into fabric of life is insane..

 

[At30wecashout]

Kinda like how I miss the Quake gaming days where you played for the love and not for skins and lootboxes, I was dead tired of Fanduel commercials during NBA games. Completely bullshyt and its harder to convince me that calls aren't made in favor of betting odds from time to time.

 

[inndaskKy]

All these celebrities, athletes and wannabe celebrities have sold their soul to advertize it too

 

[MostReal]

eric andre, kevin hart, jamie foxx, stephen a smith, lebron.

notice a pattern?

Ding ding ding

 

[IslandG]

To those who say “people will gamble anyway”, how does you explain the rise in the gambling issues after they’ve legalized it. Wouldn’t the gambling numbers be unchanged as who wanted to gamble would have been gambling all along?

 

[Brosef]

Yeah it's easier to access for everyone now and kids are being taught it's OK when they see superstars in gambling ads on TV

Good data about how gambling is leading to less household investment. People should focus on these investments instead of pouring 10s of billions into gambling and see how much happier they would be

 

[Space Cowboy]

Kinda like how I miss the Quake gaming days where you played for the love and not for skins and lootboxes, I was dead tired of Fanduel commercials during NBA games. Completely bullshyt and its harder to convince me that calls aren't made in favor of betting odds from time to time.

Right? It ruins the purity of the game and adds to the idea it’s rigged. What if a ref has a parlay?

 

[Adeptus Astartes]

It's legal now because it's easier to track by the IRS and government wants its taxes.

 

[Outlaw]

Don’t make it illegal. People are grown and can make their own decisions. I’d say just make the industry more regulated like make it illegal to advertise, similar to cigarette commercials and regulate the frequency networks can talk about odds.

 

[African Peasant]

There is always going to be things that some people are unable to handle or get addicted to, it is what it is to a certain extent. I do not agree with the barrage of ads for gambling, but at the same time you have to put more focus on the person gambling. This is not like drugs where one or a few hits will get you hooked and screwed for life.

If someone is not responsible enough to manage their gambling habits then i would bet (ha) that they would find a way to do it anyways, ban or not.

And you will be wrong.

Legalizing gambling INCREASED the risk of bankrupcy.

'A second paper, from the economists Brett Hollenbeck of UCLA and Poet Larsen and Davide Proserpio of the University of Southern California, tells a similar story. Looking specifically at online sports gambling, they find that legalization increases the risk that a household goes bankrupt by 25 to 30 percent, and increases debt delinquency. These problems seem to concentrate among young men living in low-income counties—further evidence that those most hurt by sports gambling are the least well-off.'


It's objectvely a bad thing.

 

[Kunty McPhuck]

Anyone in the UK could of told you this. We've had legalised gambling for decades. And its a country of degenerates

 

[CashmereThoughts]

It's legal now because it's easier to track by the IRS and government wants its taxes.

And before this for many the only option was illegal gambling fronts that would would periodically get hit by stick up kids

 

[Ricky Fontaine]

I remember when Joe Budden was leading the charge against this year's ago saying it was going to be disastrous for the black community.

Next thing you know he's on a FanDuel commercial dapping up Druski about all the money they made betting on the game smh