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Losing Big: America's Reckless Bet on Sports Gambling

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Jonathan D. Cohen

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“Records from his BetMGM accounts show that, over the sixty-two days from May 16 to July 16, he placed at least one bet all but eight days. Thanks to an early hot streak, he ended his betting binge down just $1,500, a somewhat meaningful sum given his lack of steady income, but like the year prior, the toll was not just financial. On some days he spent nearly all his waking hours gambling, multiple times equating his mindset to being high on psychedelic mushrooms where gambling becomes “your reality,” a reality totally detached from all other parts of life. The stress of that reality led him to take up smoking and to drink a lot more alcohol than he otherwise would have. For the first round of the tournament, he stayed awake for nearly forty consecutive hours researching potential picks, discussing upcoming matches, and then watching them unfold. His preferred way to bet was to identify a match he liked and watch the first game or two to see how the players were performing. BetMGM would have let him bet on every single serve if he had wanted to.”

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Book:Losing Big: America's Reckless Bet on Sports Gambling
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“The gamblers must manipulate situations and people in order to maintain their gambling activities. Those who love the gamblers can be easily manipulated and can never win playing the gamblers' games. The gamblers know each person's weaknesses and the moves that will be made before they do.”

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Book:GAMES COMPULSIVE GAMBLERS and WE PLAY Second Edition
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“While many consider gamblers to be wonderful and loving people, the gamblers' families may feel quite differently. They see their gamblers as being unconcerned about them. There never seems to be enough money for their basic needs or enough time spent as a family.”

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Book:GAMES COMPULSIVE GAMBLERS and WE PLAY Second Edition
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“Compulsive gamblers escape the frustrations of day to day living by building a fantasy life filled with dreams of what they will buy or possess when there are enough winnings. Pathetically, there never seems to be enough of these winnings to make even the smallest dream come true and gambling compounds the frustrations rather than minimizing them.”

AddictionGamblingGamblerGambling AddictGambling AddictionProblem GamblingGamblers AnonymousGam Anon
Book:GAMES COMPULSIVE GAMBLERS and WE PLAY Second Edition
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“Ultimately, they gamble in reckless desperation and the dream world brings no relief. It brings only increased debt and extreme anxiety, driving family and friends further away. But the obsession to gamble is accelerated nonetheless. The gamblers' self-destruction becomes a terrifying experience for families and loved ones and may involve their destruction as well.”

AddictionGamblingGamblerGambling AddictGambling AddictionProblem GamblingGamblers AnonymousGam Anon
Book:GAMES COMPULSIVE GAMBLERS and WE PLAY Second Edition
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