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The Reason Sports Betting is Everywhere

Sports betting is dumb and you have like, a 97% chance of losing money over time.
Sources: docs.google.com/document/d/1Q...
Patreon: / ciggysnake
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Twitch: / ciggy_snake
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Music used: pastebin.com/rSBqr7Xd
Chapters:
0:00 - Intro
1:01 - First Bet
2:23 - Rapid Growth
3:53 - Not All Fun And Games
5:35 - Harm Reduction
8:02 - Outro
Thanks:
Arisu
Joey
Walter
Vinguin
Kalani
CTO
#sportsbetting #gambling #onlinegambling
This video is an opinion and in no way should be construed as statements of fact. All references, articles, and posts come from publicly available websites, forums, and documents, and are linked in the description. Any errors or inaccuracies should be thought of as accidental and unintentional.

Пікірлер: 34

  • @i8dacookies890
    @i8dacookies890 Жыл бұрын

    Holy shit, I never thought of what it must be like being a big deal athlete, where one simple failure could mean someone you will never meet looses all their money and offs themselves.

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Just as one simple failure could result in massive losses for someone betting for you, so too could one good move or a little success result in massive losses for those betting against you. Bets for or against a certain athlete are something these athletes have literally no control over, and I don't fault them for the grim consequences seen in sports betting. Rather, it's the pushers and promotors of gambling who are to blame for getting people hooked on their (often) poisonous practice, and the tragic results.

  • @i8dacookies890

    @i8dacookies890

    Жыл бұрын

    @@CiggySnake Yeah, they're obviously not at fault, but it's inconceivable what it must be like to be that middleman.

  • @bsommer1717
    @bsommer1717 Жыл бұрын

    Sports Betting companies should not be able to advertise like they are doing right now. They are preying on weak people and it's not a good look for a modern, sophisticated society. We are devolving.

  • @theBaka9
    @theBaka9 Жыл бұрын

    With how KZread pushes this channel, betting on this channel blowing up is 100:1

  • @CheeseRks
    @CheeseRks Жыл бұрын

    Really interesting video! I don’t have a TV subscription, so I didn’t think about the alcohol advertisement rules. But I always see those dang sports betting ads- everywhere I go! Great insight and enough information to make me think about what damage this is causing.

  • @Vincent-rd4rg
    @Vincent-rd4rg Жыл бұрын

    Great vid Ciggy! Had no idea sports betting was illegal until just a few years ago

  • @pyrazine
    @pyrazine Жыл бұрын

    great video, love how you include your sources. subscribing now and looking forward to more of your stuff!

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Thank you for the kind words, I certainly appreciate it.

  • @MechaMugen
    @MechaMugen Жыл бұрын

    whatever service is being advertised by that guy in the gold and green cloak, I want in

  • @whitefibre841
    @whitefibre841 Жыл бұрын

    Extremely good images used when mentioning the lockdown I like how your editing has evolved

  • @BeautifulEarthJa
    @BeautifulEarthJa Жыл бұрын

    The eyeballs are everywhere....

  • @kbrady4287
    @kbrady4287 Жыл бұрын

    Great video. Learned a lot as usual.

  • @JimmyMcG33
    @JimmyMcG33 Жыл бұрын

    Great video, those ads are so awful. Perceptions around regulation (and the technology of PR) have changed so much in the last 20 years or so I don't know if there's any political will to reign these companies in. The quotes you highlighted at 7:06 are practically the same lines Google uses when somebody tries to regulate their data collection business and they're going strong, at least in the U.S. If there's any hope, it'll be states regulating betting companies to take a cut of the revenues, just like back in the day. Better than nothing!

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Glad you enjoyed the vid man. With Google I think there is a broader distrust of big tech on a grass roots level, whereas some 80% of people are completely fine with sports betting nowadays (up from 46% a few decades ago). Didn't know that about Google, but a billion doar industry playing the "trust me bro" card and politicians being too stupid to look further in is nothing surprising. Also, states have proven to not care that much about regulating sports books and online casinos much, so long as they can tax them. The medium is still fairly new so perhaps they'll be open to shifting their policies once greater research and understanding of sports betting is developed, but still.

  • @Vincent-rd4rg
    @Vincent-rd4rg Жыл бұрын

    Oh yeah I was thinkin about this video and was wondering if horse races were free from these regulations because it seems it's been popular for what seems like ages, but maybe that was in other countries or somethin.

  • @helkinjurgles5189
    @helkinjurgles5189 Жыл бұрын

    Great vid!

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Thanks man, glad you enjoyed it

  • @helkinjurgles5189

    @helkinjurgles5189

    Жыл бұрын

    @@CiggySnake i like your topics

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    @@helkinjurgles5189 good to hear then, I like to keep things varied here

  • @TheStoryteller-pb3zd
    @TheStoryteller-pb3zd Жыл бұрын

    woah that lisa music

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Cultured

  • @salthebard6258
    @salthebard6258 Жыл бұрын

    I hate sports betting and I feel like it's ruining the integrity of sports.

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    I'm not a big fan of sports personally, but even I find the incessant sports betting advertisement obnoxious and feel it takes away from the "purity" of the medium.

  • @salthebard6258

    @salthebard6258

    Жыл бұрын

    @@CiggySnake to me the biggest issue is with officiating. I'm a big NFL fan and there were a lot of weird calls that impacted games. How do we know those officials didn't have spread bets and were trying to influence the games. I like the Chiefs but the holding call at the end of the Super Bowl was a good example of what I'm saying. I don't think it impacted who won but it could have and how do we know what the officiating crew didn't have bets on the game?

  • @0deepak
    @0deepak Жыл бұрын

    What’s your favorite snake?

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Ball Pythons

  • @kevinwilson3337
    @kevinwilson3337 Жыл бұрын

    Sports betting is a bad deal for the general public.

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    100%, it's just sad that it has become so popular and very few people seem to care

  • @bobbydauer5712
    @bobbydauer5712 Жыл бұрын

    Adver-tis-ment lol.

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    Unusual pronunciation, I know

  • @stonedwalljackson5806
    @stonedwalljackson5806 Жыл бұрын

    I don't think regulation is the answer. Look how government regulation has made social media even worse

  • @CiggySnake

    @CiggySnake

    Жыл бұрын

    While regulation is no silver bullet, consumer protections are important for, well, protecting consumers from predatory practices and products. Given the sports betting industry is unwilling to self-regulate, I don't think government intervention and regulation is an unreasonable move in this case. Honest question, but what do you believe would be a good solution outside of gov. regulation to curtail the excesses and issues of sports betting?

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