Betting platforms assign highly profitable customers "concierges" who reach out and prompt them to gamble, offer incentives, and work to keep them betting. It's insidious and wrong - the platforms actively identify and take advantage of addicts.
For most, a lottery ticket or an online bet is just buying entertainment - not much different from a movie ticket or steam game. Turns out, though, this majority isn't the target customer; we're just the top of the funnel as these platforms algorithmically search for personalities they can abuse, rob, and financially destroy.
There are so many portions of the post Muprhy vs NCAA world that bum me out, but this is by far what makes me the most annoyed. There seem to be so many objectives being achieved while hiding behind the guise of protecting the children. Yet we just let these advertisements slide by and infest broadcasts that children largely consume. Not like getting an older person to buy you a GTA game when you are 12 or something either, this is just watching any sort of sports broadcast, aimed at all ages.
I see some other people here mentioning how we gave into legalized state lotteries and its why we arrived here, its such a stark difference though. There was a ton of back and forth for state lotteries, the results were tons of advertising restrictions, and the profits largely benefited the education system.
Murphy vs NCAA was passed in 2018, we have legal sports betting now in 38 total states after ~8 total years.
New Hampshire legalized state lotteries in 1964, from that point it took 32 years to reach 38 total states with some form of a state lottery.
and the idea of advertising gambling on television wasn't even something conceivable?
and, even more so, the idea that sports entertainment channels would be directly involved in the operation of gambling of was just completely beyond comprehension?
ahhh, the remote, halcyon, bygone days of 2018...
+ in stagflation of 70s/early 80s - states create state-run lotteries to help fix their budgets
+ 2008 great recession - states legalize casinos to recover lost tax revenue and prevent folks from traveling out of state to gamble
+ C19 - states fast track the legalization of mobile sports betting and online casinos to secure immediate tax revenue
I don't know of any long term profitable sports gamblers - but that makes sense because why reveal yourself and your methods if you're profitable?
By long term I mean at least 1,000 bets while still being profitable. Even more impressive if they are making a living off of it.
The only person I can think of is Picks Office on Twitter.
The problem is, society is fucking broken. The middle class is being decimated. People are going to take their destinies into their own hands, as seen by the growth of daytrading and sports betting. With wages being destroyed, billionaires avoiding taxes, COL skyrocketing for the middle and lower classes, and jobs evaporating, who's going to fucking blame someone for trying to figure out how to use what they know (in this case, sports) to make money?
Plus, this generation has seen another class of gamblers (big banks) get bailout after bailout without any problem.
Sports betting is the symptom, not the root cause that needs to be addressed.
Summed up very nicely in https://oldcoinbad.com/p/long-degeneracy