I've been wondering about how many lives are being destroyed by online gambling and the accessability. I'm also curious now about your issues with Bill Simmons.
I think it's also worth noting that the Draftkings and FanDuels have entered the content creation space as a more passive means of marketing. I love the Dan LeBatard Show, but it is "Brought to you by DraftKings." FanDuel is the lifeline of Pat McAfee. There will be more.
And, speaking as a frequent small stakes mobile gambler, I've stopped. As you noted, I was in the app more than I was present for the sporting event. The chase stopped being worth it.
Same with my love of The Right Time with Bomani Jones, which is a Wave Sports & Entertainment Production. And given the job market in sports media and journalism these days, gambling sites are ones with money actually hiring.
This story is 100% accurate. But it does a beg a question I’ve wondered thinking about it:
Human beings are, inherently, more adverse to losses than they are to the risk/reward aspect of gaining. I believe this is called loss aversion?
So it makes me wonder where this plays into gambling which is in essence, problematic when most “chase the high” or spend time chasing losses.
The access is definitely the issue in the socioeconomic impact. I’ve been guilty of chasing large parlays with the hopes of a large payout from a small wager (almost scored a 12 team NFL parlay when I was on vacation years ago when near Atlantic City before it was legal in NY and ironically lost the parlay when the Jets lost by 1 respective to the spread and the Giants lost in OT…both teams playing in the state I placed the wager …eyeroll inserted… and it was a $10 bet that would have netted me over $1,200).
This is the equivalent of the tax on the stupid…er… the lottery. Where the small hopes of a large jackpot equates to bleeding the customers slowly vs all at once.
Where does it all go from here?
Nowhere. Because capitalism. And general lack of regulatory give-a-shits.
I've been wondering about how many lives are being destroyed by online gambling and the accessability. I'm also curious now about your issues with Bill Simmons.
Issues is probably too strong a word, Brian. He’s an easy mark to pick on a lot of the times is all.
I think it's also worth noting that the Draftkings and FanDuels have entered the content creation space as a more passive means of marketing. I love the Dan LeBatard Show, but it is "Brought to you by DraftKings." FanDuel is the lifeline of Pat McAfee. There will be more.
And, speaking as a frequent small stakes mobile gambler, I've stopped. As you noted, I was in the app more than I was present for the sporting event. The chase stopped being worth it.
Same with my love of The Right Time with Bomani Jones, which is a Wave Sports & Entertainment Production. And given the job market in sports media and journalism these days, gambling sites are ones with money actually hiring.
This story is 100% accurate. But it does a beg a question I’ve wondered thinking about it:
Human beings are, inherently, more adverse to losses than they are to the risk/reward aspect of gaining. I believe this is called loss aversion?
So it makes me wonder where this plays into gambling which is in essence, problematic when most “chase the high” or spend time chasing losses.
The access is definitely the issue in the socioeconomic impact. I’ve been guilty of chasing large parlays with the hopes of a large payout from a small wager (almost scored a 12 team NFL parlay when I was on vacation years ago when near Atlantic City before it was legal in NY and ironically lost the parlay when the Jets lost by 1 respective to the spread and the Giants lost in OT…both teams playing in the state I placed the wager …eyeroll inserted… and it was a $10 bet that would have netted me over $1,200).
This is the equivalent of the tax on the stupid…er… the lottery. Where the small hopes of a large jackpot equates to bleeding the customers slowly vs all at once.
Where does it all go from here?
Nowhere. Because capitalism. And general lack of regulatory give-a-shits.