Is the sports betting industry a huge mistake?
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- Опубликовано: 8 фев 2024
- DAN IS IN CRIPPLING DEBT FROM AN EIGHT-LEG PARLAY INVOLVING THE PATRIOTS AND PHIL MICKELSON. GOOD WORK INVESTIGATES.
Featuring interviews with Dr. Timothy Fong of the Semel Institute for Neuroscience and Human Behavior at UCLA, Kenneth Vogel of the New York Times, Oliver Barnes of the Financial Times, Richard Daynard of the Northeastern University School of Law and the Public Health Advocacy Institute, and Saul Malek.
Follow Kenneth: / kenvogel
Follow Oliver: / mroliverbarnes
Follow Saul: / saulmalekspeaking
Learn about the Public Health Advocacy Institute: law.northeastern.edu/academic...
Video by Dan Toomey and Henry Stockwell
Thank you to whoever sent us the mushroom tie.
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GAMBLING HELP RESOURCES:
National Problem Gambling Helpline: 1-800-GAMBLER
National Council for Problem Gambling: www.ncpgambling.org/
UCLA Gambling Program: uclagamblingprogram.org/
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GOOD WORK ON ALL PLATFORMS: @goodworkmb
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Dont start gambeling at all no matter what, I lost all my drug money.
You'll make it back on the next jackpot!
Have you tried cripto?
Damn, fuck gambling, ruining this young businessman's enterprise 😢
😂😮😅
You should also mention how getting involved in dealing drugs is something no one should do no matter what so that you don’t have drug money to gamble in the first place - lol
"we lied and told them we were 60 minutes" top tier journalism right here
If the video was an hour he could say he was making a 60 minutes documentary
That line just made me burst out laughing eating lunch 😂😂😂😂
Doing what the rest are too scared to do.
@@1.4142brilliant
but they were honest about it. That's key.
It’s literally impossible for someone who wants to quit sports gambling to just sit back and enjoy watching the games without constantly being reminded of their temptation. It’s so cruel.
Dude, not placing a bet and watching the team you would have bet on win is so annoying.
Thank you for highlighting the "waterboarding" approach to advertising. The day it became legal in Michigan, we were swamped day and night with that BS, and it hasn't let up since. I'm at a level of fed up where I now despise every celebrity that has anything to do with it. I used to really like John Goodman and Vince Vaughan...
Unsure why you ever liked Vince Vaughan
Yeah, that's pretty in-character for Vince Vaughn.
nothing better than waking up to another video by my favorite 3 kids in a trench coat
Is it worse to be the one at the bottom or the one in the middle?
"I went to the RUclips, I did a video"
@@robrick9361being the one in the middle is the most fun. 😏
Would you like a alcohol?
@@mattwarbuckle There there, good horsy
its so epic that if you simply buy enough cigars you can write your own laws
Always has been.
the cigar makers are the ones who truly hold the power then
Honestly the most disturbing thing about that is how cheaply they sell out
Don't forget Scotch and prostitutes! It's amazing how simple the average retrograde man is.
@@Yabbaxoraz $10k can buy you a congressmans vote easy as that
I feel like gambling at home is a lot more risky than gambling at a casino. When you have to drive to the casino there’s that barrier and there’s some time for you to think, turn around and decide not to. Whereas at home you open your phone and it’s done.
Casinos aren’t usually run by saints and they try to play on the addictive nature of gambling as well but at least the casino isn’t in my pocket.
No matter what they're all a racket where 99.9%+ of the "consumers" lose. Lotteries aren't called an idiot tax or considered a tax on the poor for no reason. The uneducated are disproportionately representative of people who waste money or even ruin their loves gambling. The people smart enough to win have better things to do with their time... and those not smart enough to realize how little they actually know are just... wheelbarrows of cash on the way in and empty wheelbarrows on the way out(or left crying on the floor of the bathroom stall until security escorts them out).
No matter what it is always a racket where 99.9%+ of the "consumers" lose. Lotteries aren't called an idiot tax or considered a tax on the poor for no reason. The uneducated are disproportionately representative of people who waste money or even ruin their lives gambling. The people smart enough to win have better things to do with their time... and those not smart enough to realize how little they actually know are just... wheelbarrows of cash on the way in and empty wheelbarrows on the way out(or left crying on the floor of the bathroom stall until security escorts them out).
It is. I rarely gamble at home. I live on a busline that goes in front of the casino so there is no gas expense or risk of a fender bender or other accident. I like seeing fellow gamblers, the neon lights and jumbo TV, the comfortable seating and free soft drinks. It does give you time to change your mind about the team, or even stay on the bus and come back home. The published spread is NOT your friend, BTW. Never bet over my limit. Then It's fun.
You know - this is what I wish Channel 5 became. Go over there and its a million comments about how that's "real journalism". Its a guy with a camera going places and asking questions. Its cool and fun and journalism in a gonzo sense - but this is real journalism in that you actually talked to real experts and tried to find real answers and expose the truth. This is what we're missing these days. I honestly clicked on this in an incognito window because I expected clickbait - consider me surprised. Congrats man - keep up the good work asking real questions and finding answers.
idk I think that this and channel 5 fill different niches -- more big picture vs "on the ground" journalism
I like your comment, but there’s definitely room for both approaches.
Something not addressed here and represents another huge hidden cost is how accessible (and attractive) sports betting has become for kids. It's so much more prevalent in high schools than parents realize and will have awful long term effects on a generation of kids already facing a lot of financial challenges.
100%. I got hooked on daily fantasy, which becomes legal at 18, and is available in more states. The odds are also terrible and inexperienced bettors (kids) are more susceptible. If you’re in a state where daily fantasy is legal but not full on sportsbook gambling, the options are limited so you’re more willing to put up with the horrible prices.
And this is on top of loot boxes and virtual currency in actual video games intended for kids.
Plus so many parents & teens don't even realise gambling can actually impact brain development, being a teenager nowadays must be rough with so much heavily addictive sh*t around
@lobachevscki for real. Blind micro transactions (loot boxes) are so so predatory and act as a gateway towards gambling. Some critics liken booster packs but those are a material good with minor resale value. Loot boxes get kids to accept a 100% total loss.
it's just how the tobacco industry advertised to kids. because they knew the earlier in life you develop a habit the harder it is to get rid of it later on.
As an Australian who's seen gambling ruin countless lives, the idea of "responsible gambling" is a red herring and designed to blame the consumer for their supposed lack of self control. Lobbying and tax incentives means the US will put business before its citizens as usual so my advice would be to never start gambling in the first place as it will only cause pain and suffering in the long run.
Uhhh. Responsible gambling definitely is not a myth. There are plenty of people who go to the casino or bet on teams that do so well within their means, once in a while, just to have fun, and can control themselves when they lose.
@@michaelm.3641 It's not that nobody is capable of gambling responsibly, it's that when business interests and bought politicians talk about it, it is just a strategy to push responsibility onto society, despite being responsible for creating the problem in the first place. When we talk down to others for not gambling "responsibly" enough, we're buying the narrative and benefiting an industry which only exists to exploit. If people want to gamble responsibly on, good for them, but they should not defend the industry or judge others just because they've had a different experience.
So we should ban alcohol too. Responsible drinking is also a myth?
@@s2Capacidade2s What about cigarettes?
@@michaelm.3641You are wrong. There are extremely few, some exceptions. Traditionally many women fell into that category, but now Women are catching up too on addicted behaviours. Its directly linked to Socio-Economic state. Say you are that exception who can do it for fun only you go place a bet and voila 50$ becomes 200$. Why on earth you will not play next time ? Only reason could be you have enough to bother 50 turning into 200 but if you had only 50$ in life savings and you turned into 200, wont you try next time ? This is how the Spiral behaviour begins.. 90/100 will burn themselves before quitting with 10/100 getting into addiction spiral ruining everything. And this run by our Elected Governments ? We live in crazy world dont we
Hey Dan. I work in the financial compliance industry and have been following the gaming and wagering space for half a decade now.
If y’all continue this investigation, I think a good use case to look at is in Australia. I spent some time there reviewing their processes to provide recommendations to the UIGEA regulators and independent auditors here in the US.
It’s pretty harrowing the impact it has had on public health in the ANZ region. Food for thought!
I'm a professional analyst and gambler and I'm really concerned with the rise of gambling advertising to kids. Every single bet I place is backed up with historical data and bet sizes are determined based on expected value or "edge", I guarantee 95% of gamblers have no f'ing idea what they are betting on, how shit their odds are, or know what the "Kelly Criterion" is. Even when I win, half the time they refuse to pay out unless I send a photo infront of my listed address with an ID and my firstborn's blood sample! These companies are predators and need to be heavily regulated
Yeah, people don’t get into gambling because they have deeply researched the odds, they do it for the thrill.
@@squidward5110 stocks is totally different and affected by news-media cycles, business decisions, etc Also stocks are very saturated and old market where sports-betting is in its "tech-bro" spend everything phase so a lot of money to be made right now as an employee.
Where can i learn bro. Been doing stocks/futures for years. Wanted to try something new
@geraldbatum3787 I'd recommend searching for "betfair data science " lot's of helpful coding a modelling techniques (assuming you know python or R)
@@geraldbatum3787 I'd recommend starting by searching for "Betfair Data Science" great range of beginner to advanced modelling (if you've got a programming background in R or Python)
Thank you, Rick Astley, for that investigative journalism
Journalism, he's never gonna give you up.
@@TheVincentKyleand never gonna let you down
@@somerandometopiche may run around though
And hurt you
My biggest problem with sports gambling is how much worse it's made sports overall. Literally every single sports show, podcast, RUclips channel, etc. is now completely blanketed in sports gambling ads, and the "Odds" and "Lines" have insidiously wormed their way into the content itself, with hosts, commentators and pundits now spending half their time talking about betting, taking away time and focus from the sport their audiences actually care about.
That sounds absolutely wild to me. Here, in Eastern Europe betting ads and sponsorships are legal, but I've never even seen sports commentators talk about gambling. Like, how much money are these gambling companies paying in order to supplant the actual sport people are trying to watch?
The most popular sports station here in Atlanta is owned by a gambling company...and they sponsor and cohost a number of youth-oriented events. Sickening.
On the other hand they stopped talking about sports 20 years ago. It really went from coverage of sports drama - you know ET for men - to whether the line should be -3.5 or -2.5. They do kind of have to talk about the game more now, to justify their view, so I am at peace with it because I am great at lowering my standards.
I guarantee that Tim Donaghy is the tip of the iceberg when it comes to gambling impacting sports. There is SO MUCH money on the line that the incentive for players, coaches, and refs to influence the outcome is overwhelming.
FACTS!. Podcast,show,tv show, sport broadcast. Fanduel...betcrit...ESPN Bet...Draftkings. Non stop betting now they can't even show stats without having odds and lines on the side. Heck sports shows now got 10+ minutes out of the 45 minutes shows being dedicated to read you the odds and line what you be betting on.
The way you re-used the one clip of your staring into the camera was hilarious. Every time it showed up I laughed a little louder.
I love how the info is very serious and professionally presented with quick bursts of absolute madness. This format is gold.
Waking up and absolutely being waterborded by sports betting ads😂😂😂😂😂
The cut to Dan's face being serious during zoom calls is my favorite bit every episode😂
I hate it 😂
actually such a well produced and fascinating video, with enough dry humor to keep me breathing air out of my nose on occasion. If I may, Good Work on this one.
Bro was mogging every person he interviewed like an absolute menace.
Amazing and incredibly insightful video. All the sports betting ads have gotten into Canada, and it’s crazy how prevalent it’s become, both in advertising and users.
As someone outside the US, these ads look absolutely insane
as someone inside the US, they're unfortunately worse than you think
When you're watching the sports pre-game shows, they are talking odds on the game and how you could bet on them and if you put $25 on this it'll be a $100 payout at these odds.
It's fucking wild.
im pretty sure in the uk it's a major issue aswell, alot of them are even physical stores
@@adriangutierrez3196 bookies are on every high street here, there's literally 2 william hill shops within a 10 minute walk of each other near me
@@hxnt1000the amount of ladbrokes around me is nuts
We have now fully investigatified the gambling industry. What should we cover next? Also thank you to the man who sent us that mushroom tie
How have you not done social media influencers and the massive amounts of money that a small percentage of them make?
CEO's exit compensation, basically they earn millions if they screw up the company fast, not if they do the job right, also some of them come from consulting, like people who come from the video "I went to business school" the tall guy said "never give a definitive answer, because then you'ill be held accountable for it".
Big pharma, “American healthcare” memes, Ozempic, Podcasting industry, Weird instagram ads, the American revolution, vaping / big tobacco, EVs, Self driving cars, Shrek 2
The credit system?
Shrek 2 yes@@matthewhopkins5701
Thank you so much for talking about this issue. It's disgusting the way sports gambling is advertised so aggressively on all platforms, and especially to young people. Sports gambling is INSIDIOUS and dangerous. Gambling probably SHOULD be legal, but that doesn't mean it should be so unregulated and predatory. We need to discuss our country's problems with Gambling and Alcohol IN PARTICULAR.
As someone who suffered from gambling addiction before, thank you for exposing the issue! Good work, as always
"exposing the issues" lmao the issue is with the degen gamblers, not the companies. Most people that gamble do it for fun with money they can afford to lose, if you don't it's on YOU
@@madlad4206Yeah! Screw consumer protection! Screw the consumer!
@@Summoningz consumer protection is for things out of your control. If you’re a degen gambler it’s upto you, not the gambling company
Consumer protection is to protect consumers from businesses committing fraud. There is no fraud in the gambling industry. It is exactly what it says it is. I enjoy gambling but I don’t gamble every day or every week. When I want to throw a bet on a game, I like knowing I’ll actually get paid if I win (something that wasn’t guaranteed pre-legalization).
At the end of the day, lots of things in life can be addictive from smoking and drinking to gambling and video games. Banning them all is not the answer. At some point people have to be able to deal with the consequences of their actions. It’s not the government’s job to prevent that, it’s each person’s responsibility to not do stupid things. If you are struggling financially, don’t bet on games. If you can only afford to lose $20, don’t bet $5,000. It’s not that hard to regulate one’s own behavior. We are supposed to be adults…we don’t need the government to warn us that doing certain things might have consequences.
If they want to have a legal market rather than just a black market, they can do that. But ban them from advertising: let word-of-mouth find them, the same way that the black market apparently did. Also who thought that the government effectively subsidizing sports betting's "free money" offers was a good idea? Heck, they shouldn't be allowed to do that at all as a user acquisition strategy, advertising or not. The last thing that society needs is for more people to be pulled into this industry.
Yeah, regulated advertising like what Cigarettes have seems like a bare minimum. No bilboards. No celebrity endorsements. Whoever signs on to promote this stuff is a slime ball.
That seems more than fair. No billboards. No tv or radio ads during prime time. And no subsidized betting to get people in the door.
I need the writing to receive an award. Matter of fact I need the whole production to be recognized. Cable wouldn’t have suffered if they hired talent like this
Seconded!
Delicious journalism
This is the fist video from this channel I've ever seen and I'm dying over here. The cuts back to your boy while he just tries to be pretty to the camera, hilarious. To be funny while talking about serious issues is a skill that I appreciate and this channel got me to subscribe from one video, unheard of. You're welcome, I'm super generous.
Great video! The switch up on gambling from the NFL is actually hilarious
There are zero ways to responsibly gamble. It's literally right there in the name. The idea that somehow every single person in the country being exposed to a constant onslaught of advertisements for an addictive, destructive, and dangerous activity nearly 24/7, is better than the existence of an underground black market that a relatively tiny proportion of people even know about let alone participate in, is ludicrous.
You can pay the 28€ for 30€ of chips, get the free dinner, go through the entry chips at the blackjack table with optimal play once and lose on average less than the free 2€ you got at entry.
Someone can’t win a bet
I think if you set yourself limits like for example $100 a month it can be considered responsible.
I feel like there is people out there that could handle the idea of responsible gambling but I doubt it's that many.
Then again, gambling sounds kinda wank.
You can do closed loop betting. I bet my brother that the chiefs win, he bets that the 49rs win. You can do that forever and as a family unit you will lose 0 money in the long term, it just makes the short term more exciting. But any time you introduce a 3rd party, that 3rd party has to profit, which means you're losing somehow.
I would like to emphasise that “revenue” quite literally means “money americans lost” to these greedy competitions that the government legalized and allowed.
yeah, how does the "tax revenue" argument make remotely any sense? if people didn't lose their money to gambling, they'd end up spend it on consumer goods and services that will get taxed.
Bigger chunk of the pie for the Gov't.. and the Corps@@DelusionalMoron
Revenue in this case is just sucked right out of the American people. Which the government does like to do
The math on these gambling sites is just the worst: you need enough people to lose so they can payout whoever wins AND take their cut.
You can flat out ban them just on that premise cause you need more people fucked over to keep your business afloat.
But when you add all the money in ads and sponsorship you realize HOW MUCH money they are actually making, which going back to the beginning reveals how many people lost their money to them
Lobbying is 100% the issue. How lobbying, AKA bribing, is even legal I will never understand.
BAN LOBBYING!!!!
Glad you're covering this, it's insane this is going on.
Underrated channel should easily be over a mil. Great video.
Gambling has destroyed a lot of peoples lives, Unfortunately addiction is crippling
But if you gamble just one more time, you can get back everything you lost
Insightful commentary
But it also created a lot of gazillionares
@@squeeeps EXACTLY what we want you to think.... *evil laugh*
Yup. One doesn't have to be puritanical to think that maybe making sports betting a little bit difficult is a useful thing for most humans.
"The freely associated island nation of Washington, DC." lmfao
The editing and style of this is awesome! Subbed
This content so high quality it’s hard to believe it’s just here on RUclips.
9:58 😂 bro just started dancing
He just like me fr
Had me dying , they just spawned in
😂😂 best part of the video
@@ucouldtell3326Frl
@@sethuchiha22fav part frl
"Getting waterboarded by sports gambling advertisements..." that was music to my ears there
This channel is the news I'm looking for, thank you sir
This was terrifically written and produced!
You know what's one thing Sports betting has ruined? Just talking about sports normally. I want to talk about why I think Doc Rivers getting hired by the Bucks from the prospective of a 76ers fan is funny, I don't care you're losing your $1000 on your preseason bet.
Gambling on sports has been a thing in the UK forever, and I don’t really see people being bombarded in conversations about their bets. Outside of horse racing that is, where gambling is the whole point.
Well, unfortunately for myself (an American male in my early 30's, which is the primary targeted demographic by the sports books) a conversation can happen like "I want team X to win" and have a common response of "I have money on team Y beating the spread" as a really generic example. Or I'll say "catch the game last night" and some people I know will talk about how close they were to hitting a parley on the game instead of talking about crazy plays.
And it's not that you're bombarded by it, rather it's that it's so normalized that it is just accepted as part of the viewing and conversational experience, especially by those who do the gambling, even if you want literally no part to do with the gambling talk. Combine that with the delusion of an average American Sports fan, and Sports is no longer any fun to talk about with, especially in the 18-50 age range I fit into and am around pretty much every day.
50 bucks on the arena failing, who ya got, WHO YA GOT ;)
@@pellevastano yeah tbf I am a 30 something British woman so I’m not the demo but I stand by my point. I’m my job it is very male dominated and while there is talk of gambling it’s not the only angle.
@@DSQueenieIdk why you insist on pushing your singular experience. Have you seen the constant ads watching any sport? Or the pregames dedicated to betting stats? Or sports YTers getting sponsored by bets and giving away $100 dollars for their first bet? You don't even live in the US lucky for you. Learn about other people's experience because it is ubiquitous here
Me and my 8 leg parlay did not need to watch this video the week of the superbowl
I’ve had too many instances where the last match ruins my parlays. One parlay got ruined when a team made a huge comeback and beat my team by one point with a few seconds remaining on the clock.
@@_TheIlluminator_ its almost like the odds aren't in your favour 🤔
@@_TheIlluminator_ yeah parlays are side bets. Something you do for fun, the odds are not in your favor especially with 8 different bets that must all hit.
8 leg? Haha. Try 24 leg. I have a problem. An I am a sick puppy. I have multiple many legged single game parlays in action. Likely miss on them all. An hold myself alone tonight during the come down, an realization that I am a worthless mutt.
@@robessentially9682 😅 just out of curiosity, what's the payout on something like that?
How come i just stumble upon ur channel this late? Your content is very entertaining and informative. Thank you
One of the best videos I’ve seen on this topic man good on you
It’s funny how gambling companies use the same strategy as cocaine dealers to get people hooked. Give a little bit for free to start then take all their money after they can’t get out
What dealer does that? Literally never heard of it being done outside of DARE and alarmist TV shows.
@@NotKimiRaikkonen At this point they don't need to sell people on the idea - the people who come to them know what they want. It's possible that was a thing before, though.
@@NotKimiRaikkonenare you naive or a drug dealer lying?
@@NotKimiRaikkonen I had a weed dealer and more than once she offered me samples of other stuff for free, not coke but pills and lsd.
Yeah that's horrible. Can you tell me where they're handing out cocaine samples? So that I know where to avoid
Here in Australia we have a problem with gambling. Despite the regulations you mentioned its advertising is everywhere. And much worse it has become normalised to the point where trying to convince people it's a problem is almost impossible. In Melbourne we even have a public holiday for a horse race, where the entire point is to bet on it. Don't become like us!
yeah my boss pays us early nearly every fortnight so he can recharge his account on sportsbet for the weekend...
There's a good reason it used to be illegal to advertise cigarettes alcohol pharmaceuticals and gambling on TV
The random reverse shots with you smoldering in the zoom interviews have me rolling, that is hilarious.
great content as always, the only thing that disrupts the immersion is the quiet background music that appears here and there and makes me question if it's coming from the video or my neighbors. the sound design may be improved to better fit the video.
gambling ruined my family’s life years ago and i am really grateful we’ll have been able to recover. it’s been horrifying to see sports books take off like they’re anything but
I've been betting on sports for fifteen years and watching them my entire life. I recently won a millionaire maker contest on DraftKings, and I consistently win the sports wagers that I do place on the books. People who got into sports betting recently generally don't understand what they're doing, so a lot of them are losing money and developing addictions.
Please never stop finding weird places to stand and/or pop out from. Genuine quality journalism aside, the "let's f****n find out' at 1:00 was 🔥
I just think it’s nice to see the natural occurring world as he speaks of things that are happening in that exact same world, real-time.
insanely good video. having a family history of addictive personalities put me at risk, and i noticed myself slip into sports betting through 5 dollar bets that added up rather quickly. it’s easy to fall into and insanely hard to kick, glad people are speaking up on this!
As an australian, a country that loses more to gambling than any other country, all i can say, is you guys need to sort this out before it kills your country. Australia has an unbelieveably fucked sports betting culture, ever since it was deregulated to allow gamified app-based betting companies (rather than the existing government-ran off-track betting we had for decades) it has been just absolutely fucked. It destroys lives like almost nothing else. I don't have a problem with gambling, but combining gambling with gamified apps and unrestricted advertising is an absolute shitfest that will fuck your country up.
I honestly didn't know it was legalized in 2015. I grew up with it being illegal, so I just assumed it was still illegal.
It is still illegal in some states. What happened in 2015 was the federal government passed the issue on to states. Depending on the state you live in, it might still be illegal or might have only been legalized within the last year or two.
I thought you could always bet on sports honestly and fantasy football
Thanks for including me!
I'd love to know your feelings (if any) on the relationship between this and Wall Street/modern capitalism at large, because the playbook used is one we've seen again and again. Regardless, glad you got out, hope you're healthy and thanks for doing the work.
@@TheVincentKyle Thanks for the thoughtful comment! That’s a valid observation. I don’t know if this directly answers it… but the closest link I can think of is “hustle culture” in general. The idea of being some big shot hustling for money is attractive (especially to young guys). Gambling or not I agree it’s not healthy to obsess over work, making money, that sort of thing. Anything that can be used can also be abused! Have a good one
9:52 making this comment as a reminder for myself. These 20 seconds were perfection. Setting up the plot so well & the trench coat 🧥 w/ random guys dancing then “we lied and told them we were 60 minutes….” It was just hilarious
I would say 70% of men my age (27yrs) in my area (Long Island) have a gambling addiction. Losing their hard earned money, it's just insane to me.
I would do it when it first came out, but once I moved out of my parents house and was paying my own bills, I quickly realized I'm just tossing away my own money I've worked for to a corporation that feeds off people like me. No way am I allowing that to happen. This industry is setting back my generation a ton, I see it every day
Every time I think the ad campaigns are over i swear to god 3 new apps spawn to dominate my RUclips prerolls
Oh god I haven’t even seen a Caesar’s sportsbook ad yet
They’re prolly next
Go bet on some apps and buy youtube premium with the winnings
Yes. Same thing here in South Africa. They sponsor everything! They are everywhere. It’s insane.
Betway is killing the gents😂
@@Deadhumour0Real !!! 😂
Bro!@@Deadhumour0 🤣
I've seen too many of your vids to not be subbed. I see you upping the production quality too
I'm from India. We have a major push for online fantasy betting in our national cricket league called the IPL. The ad campaign is really massive. It's shocking to see teenagers, college students and working professionals discuss strategies to 'beat the system'. Ironically, gambling is banned in India; but, this specific business is treated as a skill based engagement- as portrayed in the advertisements shown in this video. It's really disheartening to see people forget the reason why gambling was banned here in the first place.
What's funny is that in the Netherlands, the government was advertising online gambling to kids with football players and rappers. They own some of the biggest gambling products due to past attempts to regulate and nationalize followed by failed privatization efforts (very long story), and they operate like any other betting company. One of them, TOTO, is marketed towards kids and young adults under the age of 25, which is illegal. The government allowed advertising for online gambling for roughly 2 years before everyone realized it was a really bad idea and banned it again (due to public pressure).
Dan has never looked looked hotter zoning out in interviews and bonus points for rattling off multiples of 6.
I can't understand gambling addiction. If I lose $10, I immediately rage quit.
Good editing is calling out the bar graphs at financial times the same moment I look at them
Gambling regularly with what most people make is completely insane and should not be legal.
99 percent of gamblers quit right before they win big
A leading national newspaper in the U.K. has started a newsletter dedicated to giving tips on gambling. I think it’s disgusting how much it’s pushed and nothing is done to protect people because it serves the interests of our politicians’ pockets.
We've taken it father buddy, on ESPN hosts are promoting the industry by giving out betting tips and advice.
😅amateurs, you just started match prediction columns? In Kenya we've already leveled up to radio and TV instant power balls where listeners are asked to send some money say $1 for a chance to win $500😅the radio/TV station then announces the winner within 10 minutes. The US being a country that puts money before it's people is definitely headed our way. It's really bad.
I love informative comedy. The description had me rolling halfway through xD
Sports betting / gambling is prolific here in Australia. No joke I open a RUclips video and can get back-to-back ads, I turn on the TV and can get back-to-back ads. This whole industry is just parasitic and should be heavily regulated like smoking with no public advertisement , period. Here there is a saying where being over protective makes us a 'nanny state', but this stuff ruins lives more so than drugs and alcohol. My recommendation is DO NOT MAKE THIS A NORMAL PART OF SPORTS AND SOCIETY, and that's not even touching on the fact that children watching sports with friends or family will be exposed to this maybe not directly but sitting on the couch with dad watching a game and seeing these ads and the commentators talking about the odds will have them become curious.
"Pulling out is more about skill than luck" - Chaz the OG F-Boi
It works though. I've been pulling out my whole life and I never got pregnant
he's lookmaxxing while doing the interviews, respect the hustle
He be mogging those fuckin nerds so hard
Dan Toomey
Mewing
The opening intro has a 1950's , nostalgic, approach. Of how news anchors use to handle a story. Very nice ❤
Great content looking into a very concerning industry. Btw your map at 1:10 was actually out of date already at time of upload. I know off the top of my head that North Carolina legalized sports gambling as of January 1st, 2024.
Not true, sports bettint didnt go live in NC till march 11 and this episode came out in February. Nice try though
The nice thing about gambling compared to other addictions is if you do it just one more time you could win it all back.
And if you’re up you’re probably really good at this and should do it one more time to inevitably win even more
I can't tell if this is sarcasm or not (it probably is, but anyway). While that is technically true, it's also ironic because even if the time comes when the problem gambler wins back their losses, they'll just feel vindicated, and believe that their gambling is actually a good thing. So they keep betting more, until they finally dig themselves into a financial hole too deep to get out of.
Trust me that this problem isn't just in sports. It's also been infecting the Video Game industry and to some extent, it's even worse with marketing these (supposed) free or even full priced games with endless microtransactions & "battle passes" to even kids. And that it's pay-to-win for some of these games.
i love the messages in your videos but also how funny you are keep it up man
Thanks for this information, it was apparently just legalized in my state and the advertising took off like a rocket. Half of the billboards along the highway on my commute are these things now!!
New South Wales, Australia fuels on Sports Betting. Most addicted state in the world babyyy!!!
That caesarized animorphs parody book cover did not get enough screen time - fantastic 😂
I know, right? 😂
It’s happened in Australia too, we have been inundated by sports betting companies, so much of the paid advertising on free-to-air and RUclips is for betting. As someone who has seen the worst side of betting addiction in other people, it really sickens me
Actually goated journalism thank you for your reporting
Sports betting just isnt for me. I prefer losing money by purchasing as many out of the money calls as my credit limit will allow
The idea of "we made it legal to stop it being illegal" "so we can profit instead of others"
Just found the channel -great stuff man. You’re going BIG TIME😈
Yeah, I live in North Carolina, where sports betting is becoming legal in less than a month, and I've been inundated with ads. I watched a hockey game on ESPN last night, and I'm not exaggerating when I say that LITERALLY every time they went to a commercial break (yes, I tracked it), either the first or second commercial was Kevin Hart saying "hey guess what, North Carolina, DraftKings is coming to YOU now! Sports are so much better when you have something on the line, everyone knows that!"
It's insane.
The other side of gambling that no one talks about enough is that consistent winners get banned or limited.
Great point. It should be illegal to limit or ban. Or they should have to file a plan with the government just like insurance companies have to file rates or play by certain rules when they cancel or non renew a policy
@@kentdavies1988 Then everyone would just arbitrage and they would go bankrupt :D
The editing in this is downright magical.
So glad someone is talking about this. Im all for sports betting responsibly but seeing the amount of money poured into advertising reminds me of the Tobacco industry. I see friends of mine gambling week in and week out, and it really worries me we are putting ourselves in another epidemic
I’m the spokesperson for Thick N’ Low Hangers Commission and we wish you endorse this as the best news, and the “best work” of the century.
The interview cut-ins where you're just staring at the camera made me have to pause the video to laugh for 30s almost every time jesus that's a good bit
I started watching the NFL in 2020 from the UK. We've had sports gambling here for years. It's been interesting seeing the NFL go ALL IN on it, given the myriad social costs that have become apparent for us over here (and in every other country with sports gambling).
As always a Brit with a terrible political take.
Gambling should be LEGAL. Cry about it and cope and seethe
@@etrestre9403disagree
I grew up with Betfred and Ladbrokes on the high street and didn't really think about how messed up it is that they're so pervasive until I was an adult
@@etrestre9403Bot?
I was surprised to see betting shops all around and shudder to think what it would do to this place
i love your style of vids, subscribed.
Ahh Nyc Background noise Top tier Brooklyn here but thanks for tapping in on this topic
So glad you guys are talking about this... Gambling is one of the deadliest addictions and exposing it to people just starting out in life and struggling is really nasty to think about. Super funny per usual. I don't see the sports ads too much, but I certainly know there's a lot of online gambling ads here on YT.
having self control🚫🚫🚫
requiring more goverment control because you make bad choices✅✅✅
@@gulagchampxd false dichotomy libertarian 🙃
@@gulagchampxd Me when I can't sell cocaine
@@notapplicable6985ahh yes, the banning of cocaine as part of the war on drugs, a notoriously successful policy
This is the journalism we need, thank you
THANK YOU. I have literally developed a gambling addiction thanks to sports betting. I’ve been fucking blown away by the ubiquity of these companies the ads EVERYWHERE. It’s so upsetting. I’ve moved over to stock options and I’m pretty sure I need to go to gamblers anonymous like straight up. Don’t do it kids
Great vid and shoutout to the guys getting sturdy at 9:53
Really good idea for a nation in $33 Trillion dollars in debt, living bailout to bailout. This will all come crumbling to the ground.
Your heart's in the right place but your information likely isn't - debt by itself (e.g. just talking about a number) isn't necessarily bad. Context matters, and that's why the internet sucks. I kinda agree with your end point, even though I really wish I didn't.
@@TheVincentKyle The beautiful thing is that no matter what our squabbles are, no matter our political alignment, we can all agree that we’re fucking doomed ❤️
@@TheVincentKyle here's a better figure: The average American has $500 in cash in the bank (although I'd like to hear more about this particular stat)
9:58 is why live coverage is the king of content
I can't decide if it's funnier if they just showed up and did that, or if they were invited to by Dan
I enjoyed his little dance.
@@IfYouInsist Me too. It made my day several percentage points better. :)
Thank you, this inspired me to reload my account on prizepicks after taking a hiatus.
The flood of ads was absolutely brutal here in MA when it launched.
it still is bad in boston all over