Danny Funt

It's only been seven years since the Supreme Court decision opened the floodgates for legal betting outside Nevada. In that time, Americans have wagered nearly half a trillion dollars.

It's only been seven years since the Supreme Court decision opened the floodgates for legal betting outside Nevada. In that time, Americans have wagered nearly half a trillion dollars.

It's only been seven years since the Supreme Court decision opened the floodgates for legal betting outside Nevada. In that time, Americans have wagered nearly half a trillion dollars.

In other forms of gambling, like slots or playing the lottery, a lot of women traditionally play that. The gender divide is so stark in sports betting, like perhaps 80-20 men who like this sort of adrenaline rush of... high-risk, high-reward games, sports betting is pretty appealing to them.

In other forms of gambling, like slots or playing the lottery, a lot of women traditionally play that. The gender divide is so stark in sports betting, like perhaps 80-20 men who like this sort of adrenaline rush of... high-risk, high-reward games, sports betting is pretty appealing to them.

In other forms of gambling, like slots or playing the lottery, a lot of women traditionally play that. The gender divide is so stark in sports betting, like perhaps 80-20 men who like this sort of adrenaline rush of... high-risk, high-reward games, sports betting is pretty appealing to them.

People think of it as a side hustle or even in like an investing strategy. 80% of American adults who bet on sports think they can make money doing it.

People think of it as a side hustle or even in like an investing strategy. 80% of American adults who bet on sports think they can make money doing it.

People think of it as a side hustle or even in like an investing strategy. 80% of American adults who bet on sports think they can make money doing it.

There's also just a kind of financial desperation that seems to be at play. Turning sports betting into more of a lottery type than a little for the chance at winning a lot is so appealing. Just like crypto where you're sort of saying, I know I'm probably going to lose money, but if this is a way that I could win a ton of money, I'm so desperate, I'll take that shot. This is Money Troubles.

There's also just a kind of financial desperation that seems to be at play. Turning sports betting into more of a lottery type than a little for the chance at winning a lot is so appealing. Just like crypto where you're sort of saying, I know I'm probably going to lose money, but if this is a way that I could win a ton of money, I'm so desperate, I'll take that shot. This is Money Troubles.

There's also just a kind of financial desperation that seems to be at play. Turning sports betting into more of a lottery type than a little for the chance at winning a lot is so appealing. Just like crypto where you're sort of saying, I know I'm probably going to lose money, but if this is a way that I could win a ton of money, I'm so desperate, I'll take that shot. This is Money Troubles.

Yeah, well, when you said that brand makeover, which is such a good way of putting it, when ESPN partnered with a gambling company to launch ESPN Bet, one of the on-air hosts got in some trouble for saying this is basically a risk-free investment if you bet on ESPN Bet. I mean, there's just so many ways subtly and in a more heavy-handed fashion that ESPN

Yeah, well, when you said that brand makeover, which is such a good way of putting it, when ESPN partnered with a gambling company to launch ESPN Bet, one of the on-air hosts got in some trouble for saying this is basically a risk-free investment if you bet on ESPN Bet. I mean, there's just so many ways subtly and in a more heavy-handed fashion that ESPN

Yeah, well, when you said that brand makeover, which is such a good way of putting it, when ESPN partnered with a gambling company to launch ESPN Bet, one of the on-air hosts got in some trouble for saying this is basically a risk-free investment if you bet on ESPN Bet. I mean, there's just so many ways subtly and in a more heavy-handed fashion that ESPN

present this to people as a money-making venture. And survey results of sports bettors bear that out. I mean, again, just last year, there was a survey that said 80% of American adults who bet on sports think they can make money doing it. In reality, maybe one in 100 people make money betting on sports long term.

present this to people as a money-making venture. And survey results of sports bettors bear that out. I mean, again, just last year, there was a survey that said 80% of American adults who bet on sports think they can make money doing it. In reality, maybe one in 100 people make money betting on sports long term.

present this to people as a money-making venture. And survey results of sports bettors bear that out. I mean, again, just last year, there was a survey that said 80% of American adults who bet on sports think they can make money doing it. In reality, maybe one in 100 people make money betting on sports long term.

So it's always existed, but more on the margins. But the idea that you could construct one of thousands of different forms of same game parlay on every single game day after day after day is a total invention of the online sports betting era. So much so that even

So it's always existed, but more on the margins. But the idea that you could construct one of thousands of different forms of same game parlay on every single game day after day after day is a total invention of the online sports betting era. So much so that even