Gambling Comes with Risks

As gambling continues to grow and people lose more money, the question is…Why? 

Think about the last time you watched a sporting event. You can likely name a time when the commentary mentioned betting odds or a betting line was shown somewhere during the broadcast. The sportsbook companies are paying a lot of money to have these shown or mentioned. Even a viewer who promises to never get involved in betting will at least be exposed to it, and they will think about the money they can make. 

The main issue is that kids are going to be seeing this, and they will be excited to gamble in spite of the risks. What young people don’t know is the long-term effects of it.

Usually, a person will just deposit a small amount to start and think that the worst that can happen is losing $20 or another low amount. However, for most people, this is just the start. 

The reason for this is sportsbooks and online casinos like to have promotions, such as matching your first deposit. The outcome is that participants get more invested in gambling, and it only downhill from there.

“Once there was Las Vegas; now there’s a Las Vegas in every phone. You can bet on almost anything today,” writer Stephen Marche of The Atlantic writes.

The truth is that you really can bet on anything, and the app that you may use always has an “edge,” one way or another. 

The question is, when will the gambling problem ever end? Unfortunately, it may only get worse until there are some regulations put in place to limit the advertising of casino companies.