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Online sports betting: As you do well, they cut you off


A few decades back my teenage son and I approached Las Vegas at night while traveling south on Interstate 15. When the skyline of the city began sparkling into view, the kid said, “Wow. Think…

A few decades back my teenage son and I approached Las Vegas at night while traveling south on Interstate 15. Think of all the money people have made there!” This was a perfect tease for my response: “Dude, everything you see there was paid for by losers.” Also interesting: While the online sportsbook algorithms are good at spotting gamblers who are smarter than the house, they aren’t so good at spotting and getting help for problem gamblers, which the sportsbook apps are all but (or actually) designed to create—especially out of young people who are quick to rationalize the game of losing money as a form of fun.

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