Mormon becomes a degenerate sports bettor for six months and loses his stake (gift article)

126 points by Binders-Full 21 hours ago on reddit | 17 comments

Senior_Ability_4001 | 20 hours ago

I love ripping Pokemon packs and at the end of the day I know it’s gambling. Now if I do it, I rip it for fun and admire each card I get, not expecting the chase card. There are some people however, in the community that are legitimately gambling addicts. “Just one more pack bro”

It doesn’t help we have digital pack opens with real money and real cards now.

I still think gambling apps are the scourge of modern society. People are running their lives into ruin. I hope the writer got help. Him shutting himself off to his family so early is so scary

Korrocks | 17 hours ago

Yeah I think part of the reason the apps can really mess some people up is that it's available 24/7. There's no friction or logistical burden once you get set up, you can just keep going and going. A casino will close after a while, a lottery operates at set times, but if you're on a bunch of gambling apps there's not really that built in aspect that slows you down or forces you to do other stuff for a while. For some people, they can self-regulate enough that they can more or less stop themselves or take time off; for others, those brakes don't work and they can skid out of control.

WinterMedical | 16 hours ago

I know I’m gonna sound like one of those ladies from an old movie who starts a Women’s Anti Gambling League and storms the town hall but gambling really is a scourge. It’s brings nothing good. It destroys lives and families. I have a young adult son and he gets tired of me telling to say away from those damn gambling apps. It is especially a male problem. I worry for the young men this will damage.

[OP] Binders-Full | 16 hours ago

Yes, we should have just left it offshore and not tried to balance our government budgets with betting revenue. Make people physically go somewhere and bet.

blissfully_happy | 16 hours ago

What an absolutely compelling read. He did a masterful job of taking us down his spiraling path with him.

I was astonished to see HALF of all men, ages 18-49 have an online sports betting account. That’s absolutely wild, and not in a good way. Ugh. As if the opioid addiction crisis wasn’t enough, sports betting is going to be another public health issue. When bettors get to the point they are stealing to fund their habit, that affects us all.

KderNacht | 9 hours ago

I like to think of myself as reasonably intelligent and well-read and thought about trying out Polymarket, but with bets being cancelled just because Khameini was blown up instead of toppled it left a bad taste in my mouth. Capitalism works as long as winners win and losers lose, and betting somewhere that may not pay out even if you win is folly.

[OP] Binders-Full | 33 minutes ago

That’s the thing with the sports market, where paid bets are voided. At least with blackjack if you are too good they just stop you from playing but you keep your winnings.

sexaddictedcow | 20 hours ago

what an insane amount of work to just break even

elkab0ng | 20 hours ago

Your username checks out

gumdrop83 | 20 hours ago

I was so glad to see his ending sentence.

previousinnovation | 18 hours ago

Thanks for the gift link!

joeblrock | 5 hours ago

Online gambling is a scourge. We've had it in the UK for as long as we've had phones that could run the apps. Awful.
But I didn't care much for this article tbh. Maybe I've read similar stuff before from actual gambling addicts or from cases where the gambling firms have failed a duty of care and the details of all the bets they've accepted are released. I dunno.
But this felt like a false setup, a bit of a "middle class experimenting with drugs" type article we used to get a lot of. Cheers for the link though. It is well written.

johndicks80 | 19 hours ago

How did he lose 10k while betting 35k?!?

Cssharkey | 19 hours ago

He gambled 35k. Lost 10k of it, won back 25k.

[OP] Binders-Full | 19 hours ago

He lost his entire stake, so the $35k is coin in essentially. He went for broke at the Super Bowl, probably because it was no risk to him since The Atlantic was paying, he genuinely believed the Patriots would win (against all evidence), and he got caught up in the dopamine.

johndicks80 | 18 hours ago

Yep easier if it’s not your money. My total bet is 168k in 170k out which probably netted me a dollar an hour or so.