Online gambling is about to ravage many young men’s futures.
An opinion piece in the Los Angeles Times recently compared celebrities promoting online gambling sites to spokespersons for cigarette companies in the past. It’s an apt comparison, considering the tension between online betting’s glamorous persona and its frequent reality of financial debt, addiction, suicide, and devastation to marriages and families.
The global sports betting market is worth over $120 billion. Prediction markets, which allow the average citizen to place bets on the outcome of everyday events, are on track to reach an astounding $1 trillion in volume by 2030.
Many bettors, however, fail to recognize that this isn’t a lucrative, skill-based path…