Betting has never been so easy. A wager can be placed on anything from sports to pop culture. The wide appeal to gambling in today’s age is injecting the rush of risk into life. Unfortunately, the cost to play is more than the money lost. On this episode of Breaking Bread, guests Nick Gutwein and Brian Sutter provide helpful insights into this growing industry that is targeting young men.
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Show Notes:
- Gambling in the form of sport betting and prediction markets are growing in popularity.
- Young men are targeted and statistically more likely to participate.
- Technology has made placing wages and transferring money easy.
- Gambling raises the stakes of games and events for those who place a wage on their outcomes. This provides thrills, entertainment, and interest among participants.
- Far more money is lost than won. A very small percentage of participants earn money from their bets.
- Gambling can be addictive and ensnaring, resulting in financial debt.
- For individuals wanting to be helped, self-exclusion programs are available. These programs allow a person to ban themselves from gambling platforms.
- Financial debt, excessive time consumption, hiding gambling activity, and using betting activities to sooth life problems are all indications that gambling may be problematic.
