Hanna Horvath
π€ SpeakerAppearances Over Time
Podcast Appearances
They're more likely to make more impulsive decisions.
And on top of that, they're getting bombarded by ads.
the, you know, the barrier to enter is super low.
I mean, a lot of these platforms, these sports books will like give you your first $100 free.
And the reason why they do that is because they know that you're more likely to lose that $100.
So it's within their incentive to do it.
So you lower the barrier so much, you add in that kind of social factor.
Also, you know, young people are going online, they're seeing people online claiming to make
hundreds of thousands of dollars doing it, which, you know, first of all, you have no idea if these people actually made that money or not.
But of course, your brain starts to think, well, you know, if they can do it, why can't I?
There is this element where I think a lot of people feel very disenfranchised and they feel like, you know,
They felt like they did everything right.
They went to college.
They're graduating into a job market that is not very friendly to, you know, new college grads right now.
And they're feeling like, well, like, what can I do to get ahead?
I feel like the kind of quote unquote American dream is sort of breaking down.
Like, how could I possibly succeed?
you know, buy a home, be able to afford having a family.
And then they're also going online and seeing people that are claiming to make all this money doing these alternative paths to wealth.
It feels more normal or less like what traditional gambling would look like.