Sports Betting as “Investing”
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Description
The house takes 10% vigorish-you need to win 52.4% of bets just to break even, and professional sports bettors barely exceed that. Parlays offer huge payouts and astronomical odds against winning. Apps make losing frictionless at 3 AM in your underwear. “Free bets” create habits, not profits. Problem gambling rates are skyrocketing. Entertainment expense, not income source.
