Yeah this is what I realized makes gambling different for me from things like alcohol. Alcohol companies don't make all their money off serious alcoholics, they actually have a business model that works of people are healthy/moderate drinkers. Most sports bettors are healthy about it, but gambling companies make all their money off the small percentage that are addicts. Their business model actually doesn't work if nobody is an addict
one day I figured out some quick math in my head based off the average amount of times I drank in a week, based off of what I usually drank, for the amount of years I drank so I could go ahead and add insult to injury to see how much I spent. It’s embarrassingly depressing and I will not put that number on here.
But, You are absolutely correct. They make the most money off of us.
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u/IAmTheNightSoil 1d ago
Yeah this is what I realized makes gambling different for me from things like alcohol. Alcohol companies don't make all their money off serious alcoholics, they actually have a business model that works of people are healthy/moderate drinkers. Most sports bettors are healthy about it, but gambling companies make all their money off the small percentage that are addicts. Their business model actually doesn't work if nobody is an addict