this post was submitted on 22 Oct 2023
2158 points (98.6% liked)

Memes

44968 readers
2417 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
2158
Gambling is addictive (lemmy.ml)
submitted 10 months ago by Grayox@lemmy.ml to c/memes@lemmy.ml
185 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] pewgar_seemsimandroid@lemmy.blahaj.zone 7 points 10 months ago* (last edited 10 months ago) (5 children)

who tf gambles on sport (probably why they are advertising on tv)

[–] Grayox@lemmy.ml 47 points 10 months ago (2 children)

Poor people

"Bet $5 get $250 in free bets if you lose!"

Shit is predatory as hell and is trying to get folks addicted.

[–] pewgar_seemsimandroid@lemmy.blahaj.zone 7 points 10 months ago (2 children)

their main competitor is casinos that absolutely destroy them in marketshare

[–] Grayox@lemmy.ml 4 points 10 months ago

I feel like alot of em are casinos, Ceasars Sports book and Bet MGM come to mind.

[–] BolexForSoup@kbin.social 2 points 10 months ago* (last edited 10 months ago)

that absolutely destroy them in marketshare

For now. The gap is shrinking YoY at an alarming rate. Sports gambling has been growing over 10% annually for a few years now.

[–] ivanafterall@kbin.social 3 points 10 months ago

Wait, that sounds like a pretty sweet deal...

[–] wildginger@lemmy.myserv.one 6 points 10 months ago

Gambling on sports is one of the oldest types of gambling.

And, look. If you have the cash to spare, and gambling isnt a vice for you, it is kinda fun. Thats kinda the problem, its easy for the average person to get into it with some friends as a way to have more fun watching the game only for that to be the first domino.

[–] BolexForSoup@kbin.social 6 points 10 months ago* (last edited 10 months ago)

It is an unbelievably massive, multi-billion dollar industry that is rapidly growing in the US right now. A number of states have relaxed their laws about online gambling and sports books, we are going to see a whole new generation of addicts. Every single fraternity at American universities has a point person at this stage. Many did prior they just did it on the sly.

Caesars Sportsbook just bought the sponsorship for the NFL stadium out from Mercedes in my city. You cannot go a quarter-mile without seeing a billboard about it. YouTube is flooded with it if it detects I’m in my home state. It’s relentless now. And if it’s not Caesar’s palace bombing me with ads, it’s draft kings.

[–] pete_the_cat@lemmy.world 4 points 10 months ago (2 children)

Lots of people. Probably the same people that play Fantasy Football.

People will literally gamble on anything.

[–] wreckedcarzz@lemmy.world 7 points 10 months ago

Bet.

wait no

[–] Socsa@sh.itjust.works 3 points 10 months ago (1 children)

Fantasy football is literally a 20 year plan to create a childhood gambling pipeline, which they finally pulled off with the recent rounds of regulatory capture.

[–] pete_the_cat@lemmy.world 0 points 10 months ago

Apparently it's been a thing since the 50s, I only remember hearing about it about 15 years ago.

[–] FlexibleToast@lemmy.world 1 points 10 months ago

A lot of sports fans do, and then statisticians take them to the bank.