Is the sports betting industry a huge mistake?
ฝัง
- เผยแพร่เมื่อ 10 ก.พ. 2025
- 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.northeaste...
Video by Dan Toomey and Henry Stockwell
Thank you to whoever sent us the mushroom tie.
--
GAMBLING HELP RESOURCES:
National Problem Gambling Helpline: 1-800-GAMBLER
National Council for Problem Gambling: www.ncpgamblin...
UCLA Gambling Program: uclagamblingpr...
--
GOOD WORK ON ALL PLATFORMS: @goodworkmb
DAN ON IG: dhtoomey
SIGN UP FOR MORNING BREW HERE: bit.ly/morning...
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 blows my mind that celebrities who already have more money than they could ever spend, who could be beyond picky about supporting only the products and causes they truly care about and believe in, agree to become the face of marketing for shit like this
Kind of reveals their true colors, which is good for us. We don't have to pay attention to them
no amount of money will ever be enough for anyone
Kevin Hart is like 4'7". Those leg-lengthening surgeries aren't free.
They have a few years of success, get accustomed to a certain expensive ways of living and naturally maintain that lifestyle by selling out when their popularity goes down. That’s how it goes, c’est la vie
Its just capitalism. Morals don't matter, only money does.
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 TH-cam, 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
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.
Exactly. All my buddies are really into it, i stopped a couple years ago but they can’t watch any kind of sports event without betting on it
@@malcolmsmith3590that’s because they don’t actually like the sports they just like the thrill of betting lol
That's just you bro 😂
@@conspiracybear1564 Brain rot l0l
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.
My biggest problem with sports gambling is how much worse it's made sports overall. Literally every single sports show, podcast, TH-cam 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.
Gambling should be like tobacco. Legal over 18, but completely illegal to advertise it anywhere, especially where kids would see it. You can ruin your life but nobody should be allowed to coerce you into it, especially corporations.
profits off the poor
there’s so much smoking in Europe, really made me realize the difference anti-smoking campaigns/banning tobacco ads had in the US.
@@Wub-rv9xx Does Europe not ban cigarette ads?
@@mememan9890 uhh, quick search says they banned ads in the early 2000s while we did so in the 70s.
Europe is made of 44 countries (over 700million people) and only 27 countries are part of the EU. I live in a European EU country and we have very little smoking here.
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?
@@Jorge23Costa 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
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.
@@rypo59the guys got a great rep with just about everyone he’s worked with. Not the best actor though
Lol why do u care
@@stinkskclol why have principles?
Funny thing that happened in FL. We had a proposed law that would legalize apps like Fan duel, draft kings, etc. in the lead up to the vote the Seminole tribe (who runs the casinos here) were running ads telling Floridians to vote no. After the law was rejected, they ran ads saying thank you for supporting us, and then a few months later released their own sports betting app which is now the only legal one in FL.
Oh the irony
Goes on to show this is a class issue mixed in with political issues. No person in the ownership class can be a good faith friend of the working class.
@@kingbobbythe8th_359 Not entirely sure I see sports gambling as a class issue. Definitely asset / home ownership though
Sick move ngl
Hard rock bets been legal since 2019 by Seminole tribe.
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@@burtmacklin1
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
9:56 Dan is the one reporter in America who doesn't care if people act the fool in his shot.
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
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.
Probably not too surprising but some of the biggest betting apps are also run by the biggest casino groups. Like, the video mentions MGM and Caesars, both of which happen to be among the biggest casino operators in Vegas. These apps are just the "digital transformation/expansion" of the betting industry.
Betting apps on phones is an absolute disaster and should not be legal. The ability to pull out your phone and impulsively gamble is obviously too much for people to handle, this one chick already lost like 400k on a phone app. Gambling is a known vice and known to be addictive since forever, that’s why it was illegal in the first place. All you’re seeing here is corruption and moral decay of the American people, and the crooks profiting off of misery laughing all the way to the bank.
The cut to Dan's face being serious during zoom calls is my favorite bit every episode😂
I hate it 😂
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.
And absolutely no team sponsorships or ads during or within an hour of games
I’d love a blanket ban on all drug, alcohol, and gambling ads. Drugs including pharmaceuticals, as well as nicotine/cannabis ads.
Gambling with a credit card is insane. How is that legal? I can’t even pull cash out of an ATM with a credit card.
Good way to get a low interest cash advance.
It's a really easy way to max out your card and stack that sweet, sweet interest for your creditor
@@gliiitched 😂😂😂😂
@@TrollinOn22s that’s actually genius, but I bet .001 percent does that
Look at our president. It’s way higher than that.
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
I love how the info is very serious and professionally presented with quick bursts of absolute madness. This format is gold.
Thanks!
😂😂so you rich rich eh
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.
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.
It’s been legal in Australia for soso long. I was addicted by the age of 18. Now I have a kid of my own and everytime I watch any sport or any show on TV it’s all gambling ads. Ridiculous.
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.
Waking up and absolutely being waterborded by sports betting ads😂😂😂😂😂
Dear God, they figured out how to make sports fans even more obnoxious by turning them into degenerate gamblers.
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!!!!
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.
Yeah but it is going to make a few already wealthy people much richer. Destroying the lives of millions of Americans is a small price to pay for that.
As an Australian. Shut up
it’s hard to meet an australian that doesn’t know somebody with a gambling problem. it’s not just sports betting, it’s the cas as well. and don’t get me started on pokies and pony machines in pubs. it’s way too commodified here and, given how the recent royal commission here in wa went, I don’t have much hope for it to turn around
None of my mates can go to the pub without having a slap. Sad af
If american betting agencies get themselves ads have as entertaining as Sportsbet, it's game over for em
This is quickly becoming my favourite TH-cam channel 🇭🇹🇭🇹🇭🇹
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.
@@lilmecca exactly, OP has no reason to dunk on Andrew and crew like that when they've made quality content and done also actual journalism.
Problem with channel 5 is it’s deeply narrative driven despite their ‘on the ground’ approach - they seem to seek objectivity, but are incapacitated by Andrew’s reductive analysis
I can't really watch C5 anymore knowing Andrew was doing creep shit.
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.
Gambling addiction helps me understand the confusion felt by my friends and towards my drug addiction. “Dude.. why didn’t you just stop?” Lol
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.
I’m late asf here but absolutely gold bit. Gets funnier with every interview
I think he’s recording those parts separately so to not be disrespectful, but I could be wrong hahaha
@@natekinch almost certainly bc theres no way i would be able to keep a straight face if he was doing that when i was answering a question
"Getting waterboarded by sports gambling advertisements..." that was music to my ears there
In a world filled with AI content and sponsored journalism, it's very refreshing to see actual modern journalism still existing at this level on TH-cam.
Dan and everyone at the Good Work team, thank you!
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
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
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.
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
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.
@@CodeDusq1 its almost like the odds aren't in your favour 🤔
@@CodeDusq1 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?
Great video! The switch up on gambling from the NFL is actually hilarious
Yes. Same thing here in South Africa. They sponsor everything! They are everywhere. It’s insane.
@RGenes02Real !!! 😂
Bro!@RGenes02 🤣
Hollywood bets as well
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.
@@Nswix 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.
@@Nswixare you naive or a drug dealer lying?
@@Nswix 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
I appreciate the effort that was put into this for a less than 20 minute video. That was not meant to sound sarcastic.
The fact that you interviewed 5 different people, all with slightly different relations to the problem (a former addict, a lawyer who fought Big Tobacco, a researcher researching the effects of gambling addiction, etc.), when you could've made a fine enough video without these interviews, is awesome. You went out of your way to make sure this was well-researched and credible, and that seems like one of the most important parts of being a journalist.
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
@@stevef4010Its funnier that this issue is bipartisan. There is zero conservative or liberal basis that gambling advertising should be legal, OR tax deductible. And yet both political groups will frame it either as "business friendly (joooooobs!!!)" or "legalization (like hecking marijuana!!!)" even though neither of those two principles apply.
cool!
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.
It isn't just insanely predatory. It also gives way for corruption within sports with individuals and authorities match fixing. As well as more aweful referee decisions. So not only does it kill consumers but it also leads to worse quality sporting for those who don't participate.
"The freely associated island nation of Washington, DC." lmfao
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.
@@madlad4206found the fanduels fanboi
Every time I watch a video of yours I have to go and double-check that I am, in fact, subscribed. Every single time I watch, I feel an urge to subscribe. Proper quality content.
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).
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.
@@RobbieStacks90just keep betting. As long as you play the house inevitably beats you.
Supreme Court has been dropping the ball for a few years. Overturning federal gambling laws has been one of those.
By design
Need term limits in supreme court.
@@Yusukeyuyu And ejection seats for the obviously corrupt.
Every time I think the ad campaigns are over i swear to god 3 new apps spawn to dominate my TH-cam 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
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).
@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
Imagine being British and watching NFL when Rugby exists. Absolutely embarrassing from you. Next you'll tell me you watch MLB over Cricket.
it’s also just ruined the enjoyment and social interaction of sports with most people. as a fan who doesn’t bet, it’s nearly impossible to talk about a game where the other person isn’t telling about their parlay that almost hit. the days of being able to just talk about the game that happened the night before are over unless you can find someone who just watches the sport because they care, and not to “make money”
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.
I deleted my betting apps. I’ve made a few bets, wasn’t addicted, but was afraid of it happening. Now I see how so many people get easily addicted to it. I know my personality and probably would be the same way if I didn’t cut it off early
i said the same shit n im still new, i was crashing out placing hella money, or just picking shit thinking ik abt the sport, i learn so damn quick this sum not to get addicted too
i just place bets here n there now, at first i was having like 5+ slips a day trynna win 1,000+
@@bloodomen2794sounds like you’re rationalizing bro. Best to cut it off ASAP
I can't understand gambling addiction. If I lose $10, I immediately rage quit.
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
he's lookmaxxing while doing the interviews, respect the hustle
He be mogging those fuckin nerds so hard
Dan Toomey
Mewing
These are very well made videos man, just subbed. Please continue doing exactly this
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
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
See the marketing nonstop. I don’t think anything is marketed as heavily as sports betting is now
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 TH-cam is for betting. As someone who has seen the worst side of betting addiction in other people, it really sickens me
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.
8:10 Creating predatory advertisements and then using them as tax write offs. Yikes.
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.
9:45 the amount of effort it took for that image to appear for one second needs some recognition. A+ graphics design work right there.
As someone who has had an addiction problem, I’m glad I was old enough to just stay away from it all. So glad I’m in my 30s because I have no idea how I would have made it with the internet and all the shit kids have to deal with now.
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
Dan has never looked looked hotter zoning out in interviews and bonus points for rattling off multiples of 6.
This content so high quality it’s hard to believe it’s just here on TH-cam.
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)
This is the journalism we need, thank you
TH-cam has some of the best investigative journalists. Way better than legacy media.
The editing in this is downright magical.
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
Gambling addiction has one of the highest rates of suicide
"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
1:47 why are you mogging him so hard?
😂😂😂
he's trying to lock-in his edging
What language are you speaking?
I grew up in Massachusetts. I remember the day that “sports betting” became legal. It was on EVERY billboard along the highway. I remember driving to Boston and never not seeing a billboard for Draft Kings or any of the other ones. It set off alarm bells in my head instantly, this stuff is so predatory
Gambling ads now are so annoying and constant during hockey games i often turn off the game if its not really good, or tape delay it. This is the worst trend in sports, and will lead to a generation of young people being addicted. The line about lying we were 60 minutes, and he told us all about sports books killed me lol
I like to imagine Dan spontaneously teleports around to deliver his next line and the cameramen need to find him each time
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
You cam not consistently win over time without an exploit its mathematically impossible with house edge and the sign up contract will have something about not using exploits. Better off just not playing unless you want to lose money for entertainment.
That caesarized animorphs parody book cover did not get enough screen time - fantastic 😂
I know, right? 😂
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.
@@BongoSeason Me too. It made my day several percentage points better. :)
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
As a a widely known business reporter in Sweden, this is my primary (and most reliable) source of information.
besides the 'losing ur life savings' part of it, there is also the part in which the Sport is less fun.
follow me, I have a friend who is a Fan of Barcelona. Since he was kid, highs and lows, he allways liked Barcelona, once we where watching a Game and was 2-1 to Barcelona, he had bet before the game Barcelona would win for 1 gol difference, Barcelona Scored a third a at 90 minute sealing the game, like there was no way the other team could score 2 gols in less then 2 to 4 minutes, and he got sad, he literally wanted the other team to score. I told him that day that gambling on sports was bad cuz of those moments, he didnt stoped, he never went deeper either, but shows how sports gambling is bad to sports
That's why you have to remove emotion and loyalty from your bets... if you just bet on your home team every time, of course you're going to lose money
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 did a module in college where we learned all about the social issues behind online betting companies and in particular, their marketing practices.
One of the most insidious things they do (at least in the UK & Ireland, not sure if US companies are doing this yet) is that they put something along the lines of “gamble responsibly” in all of their advertising. Or they’ll position gambling as great fun until you, the end user, takes it too far and loses control. But addicts don’t have control. They’re addicts, using a gamified app on a phone in their pocket that’s designed to extract as much money from them as possible. By shifting the narrative to blame the individual, they completely avoid responsibility.
Also, gamble aware and other responsible gambling “charities” are funded by the industry itself, so they get to further control the narrative.
It’s completely fucked.
New South Wales, Australia fuels on Sports Betting. Most addicted state in the world babyyy!!!
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
1:49 *mogs* doctor Timothy Fong
Hilarious 😂
Not difficult to do so
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