Yeah and I definitely prefer it being legal because it provides jobs. People are going to gamble regardless why not get tax revenue from it. Or fund things like education with it.
@@littleripper312 Home made ends up tasting better, anyway. This is coming from someone who eats out a lot, I hate it and am trying to make time to cook at home.
I used to sell lotto tickets at my job. Hated doing it, to me it was like being a drug dealer. The problem with gambling that makes it even more dangerous than alcohol is that with alcohol people have to stop at some point. Gambling people can do it until they're broke and then even borrow to keep going. It's so sad.
I like to watch the poor people win $20, then buy $20 of more tickets and keep going til they’re down to $0. It never fails. They will always just keep going until they lose it all
The average ticket was about 6500. I had a college professor who took out a 2nd mortgage on his house to attend a College Championship several years back lol. It’s wild
@@edb484 That sounds like the most brain dead possible thing to do. No idea how he became a professor, and if he's ever set foot teaching anything close to economics he should be fired immediately.
I lost $50. Regardless of the amount I have always believed unless you can afford to light that money on fire and watch it burn, you have no business using it to gamble on anything.
Best benefit of the "Stupid Bowl" (while its on) is; ... The grocery stores are empty! I done all my shopping at ALDI in 23 minutes, then spent 27 minutes in Wal Mart. Annnnd done for a month! CHEERS!!!
@@afridgetoofar1818 where did I say I watched the game? In my earlier comment I said I saw the commercials and halftime. But, I also watched the game :) so?
Understand how gambling messes with the chemicals in your brain and you see why it’s such a problem. It’s best to avoid all wagers on anything if you feel it could lead to addiction.
I went in a Casino once and went to a roulette table, put 25 on black and lost. Put another 25 on black and lost, never bet/gambled again. Tried it, lost some money, gave it up. I can say I tried it, and it wasn't that fun.
I get it you guys don't like gambling but for ppl like me, I don't gamble but superbowl Sunday I was hanging with friends and it was all fun and games. Like $20 it's all for fun. Not everyone who drinks alcohol is an alcoholic. Not everyone who gambles is an addict
@@sonokoroxs I didn't say you or anybody else couldn't spend your money however you want. I said I can always think of a better place for disposable income. If that pricks your conscience, then have a discussion with yourself, not with me.
Well it’s like the ambiance, i go to the poker night simply because I get to be around friends and chat with them them and have something to keep us focused. We could be playing any host of games but I enjoy the people there. I would burn the $20 buy-in on a pack of drinks and a good movie/show. People who legit try to “get rich” on gambling are usually an issue.
@Mikhail Crooks for the sake of the show and her dad saying everyone is stupid she doesn't want to be one of them...so she's trying to justify herself by trying to have a distinction without a difference.
I'm from Missouri and someone bet one million dollars at the casino in East St. Louis Illinois for Cincinnati to win! ONE MILLION DOLLARS!! Wonder how he feels now?
There was another person that bet $5 million. Obviously, someone that can afford to absorb that kind of lost. It's money down the drain but if that's what they want to do and can afford it, who am I to judge?
Gambling is like alcohol. In moderation and with respect to its risks/dangers, its ok. but like acohol you can quickly overdo it and get very addicted to it.
@@wasimhbaig Thats not true for everything... So, Chocolate/Coffee/Meat... Not okay in excess... Then it's not okay, at all...? I think there is room for a balance, with certain degree of common sense thrown into the mix.
Not me ! I am trying to gamble on whether my local grocery store has pet food in stock so I can use my $12 off coupon. That is enough of a gamble for me
The first thing she brings up is gambling and likes the thrill of craps. Then claims to not understand the appeal of gambling on anything different!? Ok.
I've NEVER gambled with my money. As a kid, I wouldn't even play Penny Ante. We didn't get an allowance for doing what needed to be done around the house or yard. We had to actually work to earn our money. No way was I going to risk losing any of it.
Craps is the only gambling game I play too!! But that's just it... its a GAME. ENTERTAINMENT. Once it goes beyond that, it's a problem. Some great times throwing dice, socializing with friends, family and sometimes meeting cool new people, and enjoying an adult beverage. You look at that money, expect to loose it. However, when you win, what a pleasant surprise!
$7 billion sound like a lot but that is only $20 per person in the USA. I flushed $100 on the superbowl but only did it because Caesars had a promo that will get me a $456 free bet. So I wasted my $100 to get a 50/50 shot at winning $400 later.
Except not the entire 330 million population is betting. He said 31.5 million were estimated to place a bet, meaning more like $241/person. I would think that a fair share of those bets are small, but probably still too many that exceed what the bettor can afford to lose. That becomes especially true if those “small” bets are repeated beyond this one game.
I did Cesar's deposit 20 get 300 in free bets. I was actually able to win 1700 on Cheifs Bengals game. Bet there would be OT. I pulled the money out and didn't bet on superbowl.
No sports betting exists because the people that lose money lose a bit more money than the people that win. It is about 50/50 typically for number of people winning and losing.
@@edwardrhoads7283 right because in sports betting with the way the odds work if someone has won 20 times and lost 20 times they’ve lost a lot more money than they’ve won. If it’s -270 on one side it’s not gonna be +270 on the other. So sports gambling is actually an unfair premise to the bettor
Here is the solution: Gamble amongst people, you know. If you do this and lose, you are helping someone you know directly and not a business that's usually have their higher ups line their pockets.
The ads are organized by Google based on your own search history data collected on you. Apparently something about your demographic or spending or search history or whatever makes them think you're a good target for that ad.
Welcome to the Dave Ramsey show. The most popular financial radio show in the country. I've heard him back when I was young and lost money by not listening to him.
I played bingo one time in my 20s. Won $60, bought a nice new pair of work shoes. Never played bingo again. A few years later on a cruise my brother (who really does gamble responsibly - small amts for his income then stops when it's gone but usually he breaks even) encouraged me to try a game of blackjack. I played a hand, won (coincidentally) $60, tipped the dealer cause bro had said that's what you do if you win, and watched bro play the rest of the time. It paid for part of an excursion on the cruise. Some people get entertainment from gambling small amts of money, some don't. The problem comes when people can't stop. Personally I feel like it's a waste of money done regularly but mostly I just don't get fun from risk -- some people do.
Good point. Take professional poker for example, most of the pros make 10 fold of what a teacher or any entry level that requires a bachelors deg. But, at that pro level, it's really not gambling anymore, it's actually more rigorous than college material and a lot of pro poker players are either college grads or close to it, for example, Chris "The Jesus" Ferguson has a PH.D in computer science or Barry Greenstein has a PH.D in math. So, it's delusional to categorize pro poker players as pro gamblers because they're just not. But, I'd love to know if there is a pro blackjack or pro roulette (my favorite) or pro lottery players, that would be more gambling but also at professional level.
@@cybertrk nobody is 100% efficient. Some money is fine spent on recreation, and some people get fun out of gambling and choose to spend their spare money on it.
Yeah but what kind of life is it not gamble on anything? Who will respect or appreciate you? No, this was a good thing. I hope more sports gambling happens and more people get involved.
We live near Tulsa. There are multiple huge casino's that always seem to have full parking lots. Every time I drive by, I remember dad's "Sage" advice - Take a look at those fancy casino's, do you think they've been built by the winners or by the losers?
$2 here & there is fine as long as you plan for it and don't expect anything from it except a little fun. But many people get in a cycle of getting their paycheck, buying several lotto tickets, using anything they win to buy more, and trying again next paycheck, hoping they will win big, and end up spending a ton of money over time that otherwise would have been better to just set aside/save. That's Dave's point here.
2/14/22....I don't buy lottery tickets... even for school + church purposes. BUT I WILL DONATE CASH 💸 to a church event or school event to help pay for uniforms or band instruments or to pay for a bus 🚌 to carry church/school event....I always donate a few dollars.
Big events like the Superbowl Kentucky Derby etc. are not the events where people are wagering there life savings 401k etc. like mentioned in this video. These events bring out everyone grandmas are in line to bet there $10 on Superbowl and that is why the handle mixed with legalization across the U.S. is way UP. The people they are talking about are people that bet the Late college basketball game usually Hawaii and double triple up to get back there losses from earlier in the day!
Yeah like someone said below…your paying $3000 a seat minimum to attend the SUPERBOWL and your gambling right there…betting $20 on a game is nothing compared to that. But true there are people who will go way overboard and bet their life savings and if they bet against the Rams who have never .. well … ouch.
How does one not get why its popular? Unlike regular gambling at casinos (slots etc), the person betting, or many who do likely watch the sport and therefore feel a level of extra surety in their bet out of perceived expertise regarding what may or may not happen. also, sports are a regular part of life so its easier to slide into gambling there if youre not already a gambler who goes to casinos or plays online poker etc
I personally won $1700 so, there’s that. Afterwards I closed my account and will do it again next season. The NFL (especially the Super Bowl) is predictable AF 💯
I would rather bet on the game than get tickets to the game. I will say this all my Dave approved mutual funds are down on the year. Gains on sports betting is way up this year.
Though there is no denying the prevalence and attraction of online betting. These figures do tend to rise as data quality gets better and more people betting are accurately captured as opposed to it not being accurately captured earlier.
My dad's hobby is mathematics. Whenever I hear about gambling, I hear my father's voice in my head ranting about statistics. He doesn't really object to betting on a moral level, just stupid betting.
For most people, it’s a form of entertainment. There are a portion of the group that are ruing in their Funchal future, but my guess is most are just having a little fun.
I bet $10 and won $300 in an office pool. I personally don't get any kind of thrill out of gambling. Me or my wife could not care less if we are never in a casino again.
Imagine compounding that every month into a stocks/shares portfolio, in addition to the £350 you are not paying on a car flease because you own your second hand Toyota 👍
I've bought a couple of lotto tickets before and have learned it is a waste of time and money. I would not do it again. The chances of losing is always high compared to winning. The best thing to do is not take any more chances with it.
I HATE those gambling commercials!!! People can now sit in their recliner at home and do this gambling; they don't even have to drive somewhere...it makes me sick!!!
I won $1,800. Bengals +4. Had a decent year betting college and NFL, a nice net profit. I have been betting on sports for 32 years. I would be stupid not to use my knowledge to make money. Lottos take no knowledge and are for fools.
I bet $1.18 on the game because that was the minimum on the site I used and I did so because otherwise I wouldn't have cared at all about the game so it gave me something to cheer for
I think the most likely to bet more than they can afford to lose are the ones who are most likely to also be making incredibly bad decisions in other areas of like.
Just imagine a lot of people avoiding bookies and loan sharks this week because some people are so addicted to gambling. I don't mind playing the slots every now and then because it's kinda fun but I wouldn't put my livelihood on it
Sports betting and investing in stocks and/or mutual funds are the same thing. They involve risk. Gambling is what made America great. Someone once told Me that the greatest risk in life is not taking one. As long as risk is taken responsibly, I’m all for it.
Louisiana legalized sport betting over mobile apps one week before the Super Bowl and $4.5 million were bet just from Louisiana with a population of 3.4 million people including people under 21 in the population (so stupid)
I bet about 5-10 per week on racing but we make about 180k per year with a fully funded emergency fund and not dept. not everyone placing bets are out of control I do it for fun sometimes I win sometimes I don’t it doesn’t really matter
Idk about this one. If you’re paying off debt obviously DONT bet, but if you’re knowledgeable about the game, the teams, players, etc it’s a profitable way to make money
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
It’s gone up 78% because it just became legal for the first time this year in many states
I know right. Basic logic.
Right do some actual research on a topic. This show has turned into a joke
He mentioned that
Yeah and I definitely prefer it being legal because it provides jobs. People are going to gamble regardless why not get tax revenue from it. Or fund things like education with it.
@@jonl1319 education needs no money !!! hello ? they need to fire bad teachers, for starters.
I gamble every time I order out.
🤣🤣🤣🤣🤣
This made me laugh because I just got major food poisoning yesterday. Thinking about just cooking at home from now on...
Frank Drebin, you make an excellent point!
Cuban?
@@littleripper312 Home made ends up tasting better, anyway. This is coming from someone who eats out a lot, I hate it and am trying to make time to cook at home.
“I don’t bet because I don’t like to lose.” Yup there me lol
I used to sell lotto tickets at my job. Hated doing it, to me it was like being a drug dealer. The problem with gambling that makes it even more dangerous than alcohol is that with alcohol people have to stop at some point. Gambling people can do it until they're broke and then even borrow to keep going. It's so sad.
I like to watch the poor people win $20, then buy $20 of more tickets and keep going til they’re down to $0. It never fails. They will always just keep going until they lose it all
I spent $20 on snacks and watched a movie, at home, with my family..true winning!)
Good for you! That's an investment, not a gamble.
I completely forgot about it and was playing video games with a buddy. aha.
@@TheFlyingZulu as did I. I like football ok, but they've ruined it as of recent. It isn't as much of a thing these days.
Dave, I'm blown away by how much people will spend on a ticket. $3000 per seat.
The average ticket was about 6500.
I had a college professor who took out a 2nd mortgage on his house to attend a College Championship several years back lol. It’s wild
@@edb484 That sounds like the most brain dead possible thing to do. No idea how he became a professor, and if he's ever set foot teaching anything close to economics he should be fired immediately.
and people wonder how they end up with massive debt lol
You mean double that
FOMO
FEAR
OF
MISSING
OUT
Since they've passed online getting here in my state, It's been nothing but ads for betting.
I lost $50. Regardless of the amount I have always believed unless you can afford to light that money on fire and watch it burn, you have no business using it to gamble on anything.
Same as most investments to be real. Once you have your base savings, you can venture out and make money with your money.
Best benefit of the "Stupid Bowl" (while its on) is; ... The grocery stores are empty! I done all my shopping at ALDI in 23 minutes, then spent 27 minutes in Wal Mart. Annnnd done for a month! CHEERS!!!
I watched the halftime and the commercials and ate some yummy food that others had already bought 👍
Stupid bowl?
@@jarrettpierce5626 what's stupid about it?
@@kbanghart Don’t you have anything better to do than watch a bunch of millionaires play a game?
@@afridgetoofar1818 where did I say I watched the game? In my earlier comment I said I saw the commercials and halftime.
But, I also watched the game :) so?
I put $200 on a parlay two months ago. I won $800 and managed to pay off all my bills. I’ve been a Dave Ramsey follower since 2019.
Understand how gambling messes with the chemicals in your brain and you see why it’s such a problem. It’s best to avoid all wagers on anything if you feel it could lead to addiction.
Well said...
I went in a Casino once and went to a roulette table, put 25 on black and lost. Put another 25 on black and lost, never bet/gambled again. Tried it, lost some money, gave it up. I can say I tried it, and it wasn't that fun.
So true
@@brahtrumpwonbigly7309 your lucky you didnt bet double and win, thats when the problem starts xD
@@brahtrumpwonbigly7309
You actually won.
I get it you guys don't like gambling but for ppl like me, I don't gamble but superbowl Sunday I was hanging with friends and it was all fun and games. Like $20 it's all for fun. Not everyone who drinks alcohol is an alcoholic. Not everyone who gambles is an addict
I can always think of a better place to put $20, but that's just me.
@@MichaelJones-rn2pq but 20 is nothing. Let people have their fun.
@@MichaelJones-rn2pq if $20 changes your life that much there may be bigger problems
I don't gamble but if I did it would just be with friends or family like you did. It wouldn't feel as bad if I lost it.
@@sonokoroxs I didn't say you or anybody else couldn't spend your money however you want. I said I can always think of a better place for disposable income. If that pricks your conscience, then have a discussion with yourself, not with me.
You can’t lose if you don’t play.
Can't win either!
Yeah, we may be in a bubble
1:41 I don’t know why, but this pause made me laugh 😂
I’m 31 years I’ve never once even broke even on a bet. Just like I’ve sworn off debt, I’ve now sworn off gambling. It’s not fun It’s just a waste
Send me your picks so I can fade plz.
I make mind bets. That way I don't lose my money, I lose my mind.
If you gamble Rachel you gamble....the feelings and reasons you like it is the same reasons they do.
She's trying to spin it like her gambling is fine but everyone else's is wrong.
Well it’s like the ambiance, i go to the poker night simply because I get to be around friends and chat with them them and have something to keep us focused. We could be playing any host of games but I enjoy the people there. I would burn the $20 buy-in on a pack of drinks and a good movie/show.
People who legit try to “get rich” on gambling are usually an issue.
@Mikhail Crooks for the sake of the show and her dad saying everyone is stupid she doesn't want to be one of them...so she's trying to justify herself by trying to have a distinction without a difference.
I'm from Missouri and someone bet one million dollars at the casino in East St. Louis Illinois for Cincinnati to win! ONE MILLION DOLLARS!! Wonder how he feels now?
They probably hedged the bet at some point during the game.
He probably has 100million, not a big deal
There was another person that bet $5 million. Obviously, someone that can afford to absorb that kind of lost. It's money down the drain but if that's what they want to do and can afford it, who am I to judge?
If he bet the spread he is feeling really good having won the bet.
I didn't spend a dime nor watch the superbowl. I can't waste my time on it.
Gambling is like alcohol. In moderation and with respect to its risks/dangers, its ok.
but like acohol you can quickly overdo it and get very addicted to it.
What is NOT OK in excess, is NOT OK in moderation, is NOT OK at all ...
@@wasimhbaig that is completely wrong. If you work 24/7 it would be bad. So what don’t work at all?
@@wasimhbaig Thats not true for everything...
So, Chocolate/Coffee/Meat... Not okay in excess... Then it's not okay, at all...? I think there is room for a balance, with certain degree of common sense thrown into the mix.
@@wasimhbaig I guess you never heard of balance.
Not me ! I am trying to gamble on whether my local grocery store has pet food in stock so I can use my $12 off coupon. That is enough of a gamble for me
The first thing she brings up is gambling and likes the thrill of craps. Then claims to not understand the appeal of gambling on anything different!? Ok.
I know right? Like ok there’s a little difference obviously but at the end of the day it’s still gambling 😂 what’s there to not understand
Right? It's the same thing, it just depends on personal preference/personality
My gambling vice consists of me buying one $1 scratch ticket per month and $20 on the rare occasion (maybe once or twice a year) I go to the casino.
that’s probably a good way to do it 🙌🏻 good job pal
1:40 Dave's like "What are you talking about"🤣
I don’t gamble because I’m not good at it 😂
I've NEVER gambled with my money. As a kid, I wouldn't even play Penny Ante. We didn't get an allowance for doing what needed to be done around the house or yard. We had to actually work to earn our money. No way was I going to risk losing any of it.
Proverbs
I’ve seen enough true crime documentaries to know that life insurance combined with a vindictive spouse is a suckers bet.
Craps is the only gambling game I play too!! But that's just it... its a GAME. ENTERTAINMENT. Once it goes beyond that, it's a problem. Some great times throwing dice, socializing with friends, family and sometimes meeting cool new people, and enjoying an adult beverage. You look at that money, expect to loose it. However, when you win, what a pleasant surprise!
$7 billion sound like a lot but that is only $20 per person in the USA.
I flushed $100 on the superbowl but only did it because Caesars had a promo that will get me a $456 free bet. So I wasted my $100 to get a 50/50 shot at winning $400 later.
Except not the entire 330 million population is betting. He said 31.5 million were estimated to place a bet, meaning more like $241/person.
I would think that a fair share of those bets are small, but probably still too many that exceed what the bettor can afford to lose. That becomes especially true if those “small” bets are repeated beyond this one game.
I did Cesar's deposit 20 get 300 in free bets. I was actually able to win 1700 on Cheifs Bengals game. Bet there would be OT. I pulled the money out and didn't bet on superbowl.
You should hedge that free bet for guaranteed money. You should be able to get around a 70% conversion.
Gambling exists only because there are way more losers than there are winners.
Not sports betting. That's more like casino based gambling.
No sports betting exists because the people that lose money lose a bit more money than the people that win. It is about 50/50 typically for number of people winning and losing.
@@edwardrhoads7283 right because in sports betting with the way the odds work if someone has won 20 times and lost 20 times they’ve lost a lot more money than they’ve won. If it’s -270 on one side it’s not gonna be +270 on the other. So sports gambling is actually an unfair premise to the bettor
I bet a thousand on a team that wasn't even playing 😭
The only Super Bowl bet I’ve ever made is back in high school when I said that if the Texans ever won the Super Bowl I would get a Texans tattoo.
Are you Zane?
@@pupasarus What does Zane mean?
how is anyone shocked by this? We spend more money on lipstick yearly than on our space program.
Here is the solution: Gamble amongst people, you know. If you do this and lose, you are helping someone you know directly and not a business that's usually have their higher ups line their pockets.
Funny how they put a Draft Kings commercial that I couldn't skip right before the video about gambling started.
The ads are organized by Google based on your own search history data collected on you. Apparently something about your demographic or spending or search history or whatever makes them think you're a good target for that ad.
Didn't watch the game but it was recorded. Watching it this weekend and having the super party along with it. Hope it is a good game.
Sports betting is still illegal in my state.
No clue who this guy is or what he does but he’s totally right
Welcome to the Dave Ramsey show. The most popular financial radio show in the country. I've heard him back when I was young and lost money by not listening to him.
Hope to see you at a craps table someday Rachel. I love craps.
This is going to be a good one…
I didn’t even want to bet my father 10 dollars on the game lol but I like buying lottery scratchers LOL
that's even worse, a tax on ignorance by buying hope but to each their own
I played bingo one time in my 20s. Won $60, bought a nice new pair of work shoes. Never played bingo again.
A few years later on a cruise my brother (who really does gamble responsibly - small amts for his income then stops when it's gone but usually he breaks even) encouraged me to try a game of blackjack. I played a hand, won (coincidentally) $60, tipped the dealer cause bro had said that's what you do if you win, and watched bro play the rest of the time. It paid for part of an excursion on the cruise.
Some people get entertainment from gambling small amts of money, some don't. The problem comes when people can't stop. Personally I feel like it's a waste of money done regularly but mostly I just don't get fun from risk -- some people do.
Gambling has a higher rate of return than most of the degrees sold by a typical college.
Don't say something you can't prove. Please show us the statistics based on credible data source
Lol no it definitely doesn’t you luck if winning is as slim as winning the lottery
Good point. Take professional poker for example, most of the pros make 10 fold of what a teacher or any entry level that requires a bachelors deg. But, at that pro level, it's really not gambling anymore, it's actually more rigorous than college material and a lot of pro poker players are either college grads or close to it, for example, Chris "The Jesus" Ferguson has a PH.D in computer science or Barry Greenstein has a PH.D in math. So, it's delusional to categorize pro poker players as pro gamblers because they're just not. But, I'd love to know if there is a pro blackjack or pro roulette (my favorite) or pro lottery players, that would be more gambling but also at professional level.
👍🏾👍🏾👍🏾
only a higher return than tuba and philosophy degrees
I'm just like Rachel. I have no idea what sports betting is but wouldn't mind occasionally hitting up the casino to play slots, poker etc.
Its popular because people think their knowledge of the game and viewership gives them a higher likelihood to win
Why? Why not spend that money on a stock?
@@cybertrk because the potential for instant returns. Plus, like Jessica said, there's a level of entertainment to it
I think the difference is that at a casino you're the one playing and having fun, when you bet on a football game you're just a passive watcher.
@@cybertrk nobody is 100% efficient. Some money is fine spent on recreation, and some people get fun out of gambling and choose to spend their spare money on it.
Excuse me Rachel,,, ,but gambling is gambling. Am I missing something here!
She’s so proud of her ignorance
7.6 billion divided by 31 million is $245 each average bet
Im a sports fan, not a gambler, but im always tempted to do so.
More ways to keep the poor impoverished 😁😂😂😂
Yeah but what kind of life is it not gamble on anything? Who will respect or appreciate you? No, this was a good thing. I hope more sports gambling happens and more people get involved.
@@costco_pizza I get your point
We live near Tulsa. There are multiple huge casino's that always seem to have full parking lots. Every time I drive by, I remember dad's "Sage" advice - Take a look at those fancy casino's, do you think they've been built by the winners or by the losers?
Its crazy that Dave says spending $2 on a lotto ticket is stupid I don't guess your allowed to have a small entertainment fund no fun allowed here
$2 here & there is fine as long as you plan for it and don't expect anything from it except a little fun.
But many people get in a cycle of getting their paycheck, buying several lotto tickets, using anything they win to buy more, and trying again next paycheck, hoping they will win big, and end up spending a ton of money over time that otherwise would have been better to just set aside/save. That's Dave's point here.
I won 200 on the the rams!!! Debt free and almost a millionaire 😉
In general, gambling is a poor person tax.
I can’t afford anything! I am struggling to pay 💰 bills 💸! Rich 🤑 get richer!
It actually says on NFL tickets that it's entertainment...
Not sports at all
2/14/22....I don't buy lottery tickets...
even for school + church purposes.
BUT I WILL DONATE CASH 💸 to a church event or school event to help pay for uniforms or band instruments or to pay for a bus 🚌 to carry church/school event....I always donate a few dollars.
Watch "Uncut Gems" if you want a good profile of a gambling addict.
The real question is why are Superbowl tickets 4-8K per ticket.
This year was the first year I was asked, “how much did you bet on the game?” like it was assumed that I bet.
Big events like the Superbowl Kentucky Derby etc. are not the events where people are wagering there life savings 401k etc. like mentioned in this video. These events bring out everyone grandmas are in line to bet there $10 on Superbowl and that is why the handle mixed with legalization across the U.S. is way UP. The people they are talking about are people that bet the Late college basketball game usually Hawaii and double triple up to get back there losses from earlier in the day!
That was me sadly
Yeah like someone said below…your paying $3000 a seat minimum to attend the SUPERBOWL and your gambling right there…betting $20 on a game is nothing compared to that. But true there are people who will go way overboard and bet their life savings and if they bet against the Rams who have never .. well … ouch.
How does one not get why its popular? Unlike regular gambling at casinos (slots etc), the person betting, or many who do likely watch the sport and therefore feel a level of extra surety in their bet out of perceived expertise regarding what may or may not happen.
also, sports are a regular part of life so its easier to slide into gambling there if youre not already a gambler who goes to casinos or plays online poker etc
I personally won $1700 so, there’s that. Afterwards I closed my account and will do it again next season. The NFL (especially the Super Bowl) is predictable AF 💯
Sports betting is super fun but I only do $10 here and there
I would rather bet on the game than get tickets to the game. I will say this all my Dave approved mutual funds are down on the year. Gains on sports betting is way up this year.
Stocks can't go up forever as nice as that would be.
What’s so special about “Dave’s approved mutual funds”?
Though there is no denying the prevalence and attraction of online betting. These figures do tend to rise as data quality gets better and more people betting are accurately captured as opposed to it not being accurately captured earlier.
Multiple sources of information, including representative surveys, have shown gambling going up since it was legalized and went online.
"Insurance" is gambling. You are betting real money on the outcome of a future event. Car insurance- I have a wreck or I don't have a wreck.
My dad's hobby is mathematics. Whenever I hear about gambling, I hear my father's voice in my head ranting about statistics. He doesn't really object to betting on a moral level, just stupid betting.
Gambling (endorsed by almost all governments) is a tax on the innumerate.
People bet because it is fun.
For most people, it’s a form of entertainment. There are a portion of the group that are ruing in their Funchal future, but my guess is most are just having a little fun.
There are aLOT of ways to have fun without spending alot if cash in superbowl
I bet $10 and won $300 in an office pool.
I personally don't get any kind of thrill out of gambling.
Me or my wife could not care less if we are never in a casino again.
I work too hard for my money just to turnaround and give it away.
It’s gambling… win or go home 😃
With those numbers, it's an average of $247 per bet roughly.
Ouch!
Imagine compounding that every month into a stocks/shares portfolio, in addition to the £350 you are not paying on a car flease because you own your second hand Toyota 👍
I've bought a couple of lotto tickets before and have learned it is a waste of time and money. I would not do it again. The chances of losing is always high compared to winning. The best thing to do is not take any more chances with it.
I HATE those gambling commercials!!! People can now sit in their recliner at home and do this gambling; they don't even have to drive somewhere...it makes me sick!!!
And so many normal events are still cancelled so they have nothing better to do.
I won $1,800. Bengals +4. Had a decent year betting college and NFL, a nice net profit. I have been betting on sports for 32 years. I would be stupid not to use my knowledge to make money. Lottos take no knowledge and are for fools.
You know what you are doing after 32 years. You make a great point. Knowing is power.
Dave "RAMS"ey!
Rams house!!!!
It’s ok as long as you put it in your budget
That mattress guy lost 9.5 million lol
Except he can afford it
He bet the money line on the Bengals. He should have taken the points, like me. Bengals +4.
I ain’t gonna lie I did bet $100 on the rams.
I bet $50 on the Rams 😭😭😂😂
I had a 5 leg $100 parley on the bengals but I was expecting to loose a crazy parley like that. Only did it to get the $456 free bet afterwards.
Another thing I need to lose is my tendency to add an extra o.
I bet $1.18 on the game because that was the minimum on the site I used and I did so because otherwise I wouldn't have cared at all about the game so it gave me something to cheer for
I think the most likely to bet more than they can afford to lose are the ones who are most likely to also be making incredibly bad decisions in other areas of like.
I invest in an ETF based on online gambling as it's an industry which will only grow
Roman empire- style decline here we come
We’re there already. Deep into the doo doo now.
97% of bettors lose money long term, but there are professional gamblers that make millions of dollars as a career off betting.
I’m with you, Rachel. Sports are great. Obsession and gambling over teams is crazy.
Just imagine a lot of people avoiding bookies and loan sharks this week because some people are so addicted to gambling. I don't mind playing the slots every now and then because it's kinda fun but I wouldn't put my livelihood on it
I bet $21. 50 cents on Bengals😭
More stimulus check on the way…
Can we discuss why Rachel does not have her mug on the coaster provided throughout this segment?
Sports betting and investing in stocks and/or mutual funds are the same thing. They involve risk. Gambling is what made America great. Someone once told Me that the greatest risk in life is not taking one. As long as risk is taken responsibly, I’m all for it.
Louisiana legalized sport betting over mobile apps one week before the Super Bowl and $4.5 million were bet just from Louisiana with a population of 3.4 million people including people under 21 in the population (so stupid)
I’d rather use that kind of money to buy groceries for those who are truly in need! I’m on a fixed income and these things just blow my mind 🤯
Bet 100$ for OBJ to have first TD won 900$ sorry dave
congrats
Same…except I bet $40 on OBJ and won $360
It’s because of the betting apps
What is your vice and how do you keep it in check is what it comes down to. I've never heard Dave talk about his..
Before there was sports gambling, there was/are state lotteries. . . . everywhere.
And I win $2/$5 every day . . . by NOT playing!
I bet about 5-10 per week on racing but we make about 180k per year with a fully funded emergency fund and not dept. not everyone placing bets are out of control I do it for fun sometimes I win sometimes I don’t it doesn’t really matter
Idk about this one. If you’re paying off debt obviously DONT bet, but if you’re knowledgeable about the game, the teams, players, etc it’s a profitable way to make money