McKay Coppins
๐ค SpeakerAppearances Over Time
Podcast Appearances
The reality is this entire industry revolves around a basic economic reality, which is that as much as 90% of the sportsbook's revenue come from less than 10% of their users, right?
And what that means is that if you actually took away the people who were gambling the most, the entire industry would collapse.
It would be much, much less profitable.
And so I can't help but be skeptical of any claims that...
These companies really don't want compulsive gamblers.
Well, it was actually the morning after the Super Bowl, which the Super Bowl was supposed to mark the end of the gambling experiment, right?
That was the culmination of the whole experience.
And it was also what I had promised my wife, right?
Once the NFL season ended, I would be done gambling.
And once my employer's money wasn't in our bank account anymore, I would cut myself off.
I remember though, the morning after the Super Bowl, looking over my bets and looking through DraftKings and FanDuel, and my eye was kind of gravitating toward the March Madness bets, right?
And I was looking at the odds and I was like, I don't
oh, no, there's some pretty good bets I can make here.
There's some pretty good odds for some of these teams.
And then I remember looking through, I think it was Kalshi, and seeing the Oscars odds that you could bet on best actor, best picture.
And it just kind of dawned on me that morning that
I wasn't going to be able to just easily walk away from this thing that had kind of consumed my life over the last five months.
And so almost on impulse, honestly, I pulled up the self-exclusion form in Virginia.
I Googled it, found it, and I quickly filled it out before I could talk myself out of it.
What is that?