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¡°Sports for Americans are like a religion,¡± Doura-Schawohl said. ¡°We use it to define who we are. The allure is of much more significance. [Bettors] will not only underestimate how much they¡¯re spending, they will minimize the harm that may be possible because it¡¯s linked to sports.¡±
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¡°Bill¡± remembers a night last June when he and some friends were at the Ocean Drive bar in Sea Isle, watching a UFC card. One of the fighters, Mateusz Gamrot, was getting clobbered, but Bill and his pals still put $50 each on him to win at plus-225 (a relative long shot) mid-bout, despite ¡°knowing absolutely nothing about anybody involved.¡± When Gamrot rallied and actually won the fight by decision, their bets paid off $162.50.
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¡°That didn't happen,¡± said Howard Glaser, head of government affairs and legislative counsel at Liught & Wonder, the successor company to the gambling tech firm Scientific Games.