As Americans bet billions on sports, society wrestles with rapid growth
Tyree Singleton admits to having a gambling addiction, but says that he can manage his habit. He says he started out playing roulette but his heart led him to sports betting.
“I’m arrogantly confident in my sports knowledge in many different sports, so I feel like whatever bet I’m going to make I’m making to win,” he says, checking the FanDuel app on his phone from the comfort of his apartment living room in Philadelphia, where he is watching what else: sports.
As the Denver Nuggets finished off the Miami Heat in Game 5 of the NBA Finals to win the team’s first championship in franchise history, he wasn’t celebrating the win. He’d lost money thinking that Miami could win the series. It was a long shot, so he wasn’t upset about losing. And he didn’t care about the Finals MVP – Nikola Jokić’s impressive closeout performance of 28 points with 16 rebounds and four assists. He lamented that in the closing minutes, Jimmy Butler of the Heat made two 3-pointers – he bet Mr. Butler wouldn’t. He lost a chance to turn a $7 bet into $69.
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