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An associate recently racked up $300k in losses from sports betting. They are obviously struggling greatly now. Has anyone else heard horror stories since spor
by iJohnDoe 10mo ago
An associate recently racked up $300k in losses from sports betting. They are obviously struggling greatly now.
Has anyone else heard horror stories since sports betting became legal?
- RajT88 10mo agoI'd read somewhere that there is a measurable increase in foreclosures and divorces correlated with the legalization of online sports betting.
- smileson2 10mo agoI've seen one personally, recovering gambling addict who constantly falls off the wagon I don't dig into the details and obviously everyone is diffrent but I imagine not being able to avoid the constant bombardment when trying to quit isn't a good thing
- jennyholzer 10mo ago[dead]
- mschuster91 10mo ago> Has anyone else heard horror stories since sports betting became legal? I worked in the industry over a decade ago and it was nasty already. Know a few people who managed to gamble away entire inheritances. When (not if) stuff like Polymarket gets legal in Germany, it will get even worse.
- throw-qqqqq 10mo ago“How a Psychiatrist Lost $400,000 on Gambling Apps” https://www.wsj.com/podcasts/the-journal/how-a-psychiatrist-lost-400000-on-gambling-apps/c91168e8-8add-48bc-8f5f-324fe4680df6 https://www.wsj.com/podcasts/the-journal/how-a-psychiatrist-... Most was lost at DraftKings’ casino apps though, not their sports betting.
- is_true 10mo agoI live near a school and a teacher told me a lot teenagers gamble during the recess. At least one boy that tried to commit suicide after his family discovered he had lost a lot of their money.