Nick Pell

They can kind of be compared to meme coins for gamblers.

For people who may understand the world of meme coins, your chances of buying the next Dogecoin is like zero.

But if you throw a thousand bucks at Dogecoin at launch, you're going to make a mint.

So a simple example of what a parlay is, is if you bet on 10 different games and make them into a 10 game parlay, you're now betting on all 10 games as a single bet.

So if you win nine and you lose one, you go home with nothing.

Correct.

Which might be a good risk to reward ratio if you throw 10 bucks at it.

But it's closer to a lottery ticket than a bet.

I see.

Pro gamblers don't go 10 for 10.

It's a huge market globally.

It's between $77 and $101 billion, with North America being the biggest market.

In the United States, it's a little under $7 billion a year, and it's expected to be just under $13 billion by 2030.

Yeah, about 22% of all Americans reported having a Sportsbook account in late 2025.

including nearly half of all men between 18 and 49.

That's according to a survey from St.

Bonaventure University, a survey taken by the American Psychiatric Institute in March 2025 found that 28% of all American adults gamble online daily, which is insane to me.

No idea, but mobile devices account for about 80% of all these wagers, according to a Mordor intelligence study.

It would not be the worst idea because it's going to get very, very greasy the further we get into this.

Absolutely.