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Is the sports betting industry a huge mistake?

Good Work | October 8, 2024



DAN IS IN CRIPPLING DEBT FROM AN EIGHT-LEG PARLAY INVOLVING THE PATRIOTS AND PHIL MICKELSON. GOOD WORK INVESTIGATES.

Featuring interviews with Dr. Timothy Fong of the Semel Institute for Neuroscience and Human Behavior at UCLA, Kenneth Vogel of the New York Times, Oliver Barnes of the Financial Times, Richard Daynard of the Northeastern University School of Law and the Public Health Advocacy Institute, and Saul Malek.

Follow Kenneth: https://twitter.com/kenvogel
Follow Oliver: https://twitter.com/mroliverbarnes
Follow Saul: https://www.instagram.com/saulmalekspeaking/
Learn about the Public Health Advocacy Institute: https://law.northeastern.edu/academics/centers/phai/

Video by Dan Toomey and Henry Stockwell

Thank you to whoever sent us the mushroom tie.

GAMBLING HELP RESOURCES:

National Problem Gambling Helpline: 1-800-GAMBLER

National Council for Problem Gambling: https://www.ncpgambling.org/

UCLA Gambling Program: https://uclagamblingprogram.org/

GOOD WORK ON ALL PLATFORMS: @goodworkmb
DAN ON IG: dhtoomey
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Written by Good Work

Comments

This post currently has 45 comments.

  1. @robw9728

    October 8, 2024 at 5:07 pm

    It’s great how the gambling lobby can point towards the black market and be like look at this they’re already doing it, you should let us do it legally.

    They’re not actually doing anything to stop black market gambling, they just want to try to steal their business. Black market gambling is still alive and well.

  2. @taylor189

    October 8, 2024 at 5:07 pm

    Every year I put $100 in an app to gamble on college football, and that's all I get for the year. If I lose it, I lose it. Otherwise I keep playing. The fun is over when I've lost everything so there's still stakes, but it's not lifechanging. If I get up to $500 I take out $100 and have next year's fund secured already.

  3. @PedroHenriqueFortesBartoli

    October 8, 2024 at 5:07 pm

    Here in Brazil, the sport betting industry is already destroying the financial health of several families. The income of famous supermarkets are shrinking, a research showed that the reason for that is the growing number of poor people buying less food in order to bet more.
    Besides that, the sport bet industry is the beginning for several others (ilegal) services, like Casino (which is ilegal in Brazil) and binary options.
    Gamble is an addiction and when you mix that with aggressive advertising campaigns you get a serious social problem.

  4. @fishingangler4315

    October 8, 2024 at 5:07 pm

    Kids watch sports and are subjected to ads for gambling and drinking every time they watch their favorite teams. It's proven that gambling is addictive and a disease. We are giving our kids the first hit for free!

  5. @joshkatsikis9138

    October 8, 2024 at 5:07 pm

    It's pretty sad that the state is ok with gambling addiction so long as they get their cut, they're totally ok with people ruining their lives through gambling so long as the the money these people lose goes to them..

  6. @lirael8492

    October 8, 2024 at 5:07 pm

    I’m Australian and the gambling culture and advertising here is unreal. It’s on pretty much every sports podcast and most the ads are about gambling as a social activity. The normalisation of gambling as a natural part of watching sports is grim.

    Young men are targeted and lose so much money that they don’t know how to get back aside from continuing to gamble and somehow ‘winning big’. Financial frustration sometimes spills over into domestic violence surrounding major sports events. It is not a good sport landscape to be a part of as people don’t watch for the game, they watch to see if they won or lost money. This is not an industry America should want to indulge.

  7. @noxington4260

    October 8, 2024 at 5:07 pm

    I grew up in Massachusetts. I remember the day that “sports betting” became legal. It was on EVERY billboard along the highway. I remember driving to Boston and never not seeing a billboard for Draft Kings or any of the other ones. It set off alarm bells in my head instantly, this stuff is so predatory

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