I thought that this was more than worth sharing.
I see a lot of excellent YouTube videos concerning the real dangers of online gambling, and even the best ones miss an important point I'd like to address here. Pretty much all of them point out that "the House always wins," meaning that the creators of the App aren't in the business of giving away money any more than any for-profit industry is. Every offer to gamble is going to be carefully calibrated to assure the very best chance for the company to come out a winner. There are built-in safeguards to prevent too many people from winning on any one bet. Simply put, the odds are always stacked in favor of the person offering the bet.
But what I don't see any of them point out that every single gambler's momentary win represents a loss for many, many other gamblers. We really need to realize that when gamblers use these apps to make bets, they aren't really betting against the house at all- they are betting against their fellow addicts. Of course, you'll never see ads mention this, and I'm sure that most people engaged in online gambling think that they are trying to win money from the guy who created DraftKings or whatever they happen to be using to get their adrenaline fix, and not some anonymous dope who (this time) bet the other way. In other words, all these companies to do move money around, stripping poor-luck Peter to pay winner-of-the-moment Paul while taking a healthy cut for themselves.
Oh, and one more thing to all the dopes out there who are even thinking about "getting in on the fun:" Please note the number of commercials you see for gambling apps during any given sporting event. Check out how many complete programs are sponsored ENTIRELY by gambling apps. Then ask yourself, "where does all that ad money come from?" Here's a hint: it doesn't come from the people who win bets. That airtime featuring those pyrotechnics isn't cheap. Neither are David Ortiz and Jamie Foxx and those other anything-for-a-buck celebrities. So where are DraftKings, etc. getting all that cash to buy so much time on your television? Figure it out yet?