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A social thing‘Plastered in your face’Kevin Vo, now 25, had never gambled before placing his first bet on basketball games through FanDuel three years ago. He had just secured his first job, in financetoo, and he had some money to play with. [https://trip-scan39told CNN it views sports betting as a form of entertainment.cc/ tripskan]
“I honestly fell into the peer pressure of my friends: like, literally all “We want our customers to think of them posting their parlays (time and budgets on social media)our platform the same way they might think about going to see a movie,” Vo saidFox at FanDuel. [https://tripskan39.cc/ tripscan войти]
A parlay combines two or more individual bets But at least some bettors try to leverage it into oneincome — like Colby Aaron Wells, now 33, and all conditions must be met for the bettor who began sports betting in Tennessee nearly a decade ago to win make extra money — a high-risk, high-reward strategy Vo found compelling.(The state legalized certain daily fantasy sports contests on apps in 2016.)
Like Ethan, He said he watched games with friends who had all bet on was “working his butt off” at a landscaping job at the outcome time, and participated in group chats dedicated solely he thought he could make a little extra money to pay the bets of the day. Vo’s casual pastime escalated in a matter of monthsbills.
“Every single day I would have a parlayIn Wells’ years of app betting,” Vo tells CNNincluding after sports betting was legalized more widely, there were months when he did win thousands of dollars. Twice, the app company BetMGM even comped him free rooms in Las Vegas for betting so much.
Vo originally bet only on sports he knew well, but as But there were also many losses. Wells says he got deeper into could have bought and paid off a house in Tennessee with the betting apps, he began putting amount of money on options he knew nothing about. At one point he dove into Polish basketballlost, betting on games and he couldn’t even watchhas since quit playing altogether. BetMGM declined CNN’s request for comment.
“I was down All three young men interviewed for this story believed they had a couple grand at one point. I was able to make it back. And then that all kind competitive edge because of their knowledge of fell downdifferent sports,” Vo saidviewing it differently from a slot machine or lottery ticket.
Vo spent months up And though they’ve stopped gambling, they say the incessant advertising for sports betting is difficult to avoid. They see promotions like “bet $5 and down with his wins get $150,” and losses – and finally walked away when he was down only a few thousand and had they know just moved into his own apartmenthow easy it is to get sucked in.
In an email to CNN, FanDuel outlined several ways it acts to prevent harmful gambling: the ability to set deposit limits and alerts, sending users a monthly statement with their financial status in the app, a review system triggered by activity like too many hours spent on the site or attempting to come back from big losses, and self-exclusion programs that include the offer “The amount of a free mental health assessment. “We work to identify signs of harm advertisements and engage with the user to prevent that harm from happeningcommercials you see everywhere,” said Cory FoxVo, FanDuel’s Senior Vice President of Public Policy and Sustainability. DraftKings has similar safety measures in place, and it invites users to set limits with a pop-up page immediately when creating an account. “These resources are introduced at sign-up and reinforced throughout the customer journey,” Lori Kalani, DraftKings Chief Responsible Gaming Officer, said “it’s literally plastered in an email to CNN. “It’s more fun when it’s for fun—and that’s the experience we aim to deliveryour face.”
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