The Daily Show: Ears Edition - The Explosion of Legalized Sports Gambling | Beyond the Scenes

Episode Date: March 20, 2023

March Madness and the NCAA tournament are in full effect, and it’s one of the biggest sports betting times of the year.  Host Roy Wood Jr. sits down with Daily Show correspondent, Michael Kosta, an...d gambling industry reporter for ESPN, David Purdum, for a conversation about how professional sports leagues are embracing the new profit potential, whether the ease of access to mobile sports betting makes people more vulnerable to gambling addiction, and what’s being done to enforce responsible gambling.   Beyond the Scenes is a podcast from The Daily Show. Listen to new episodes every Tuesday wherever you get your podcasts, or watch at YouTube.com/TheDaily Show See omnystudio.com/listener for privacy information.

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Starting point is 00:00:00 You're listening to Comedy Central. What's up, Years Edition, listeners. It's Roy Chan, correspondent for the Daily Show. You're about to hear an episode of one of our original Daily Show podcast, beyond the scenes hosted by Roy Wood Jr. It's the podcast where we dive deep into the segments and topics from a Daily Show with the show's writers, producers and experts. We're in a midst of NCAA's March Madness.
Starting point is 00:00:22 And this episode features Michael Costa and ESPN's David Purdom talking about the explosion of legalized sports gambling, the risks of gambling addiction, and how to enforce responsible gambling. If you like the show, check out the Beyond the Scenes podcast wherever you get your podcast. Welcome to Beyond the Scenes, the podcast that goes a little deeper into segments and topics that originally aired on the Daily Show. This is what you got to think of this podcast. Like this podcast is like when you go to a Super Bowl party and you're there to root for
Starting point is 00:00:59 your team, but you're also there for the commercials, the halftime show, the chicken wings and endless pictures of beer and to bet how soon your friend to to to to to to to to the the the the the the thuuuuu. the tham. But you're also there for the commercials, the halftime show, the chicken wings, the endless pictures of beer, and to bet how soon your friend Gary's going to pass out from all them tequila shots. Wake up, Gary, stop being a bitch. It was just 14 shots. That's what this podcast is. I'm Roywood Jr. and today we're talking about this weekend, Super Bowl and the legalization of sports betting. Roll the clip! Since the Supreme Court cleared the way for sports betting in the states other than in Nevada, a growing number of states have legalized sports gambling. Sports betting revenue expected to go from 2.5 billion dollars
Starting point is 00:01:37 this year to nearly 19 billion in 2023. Wow, I'd see that. The NCAA and professional sports leads had long opposed sports betting saying it could hurt the integrity of the game. But as soon as the Supreme Court freed states to legalize sports betting last May, the pro-leagues immediately reversed course. Within months of the ruling, the NBA Major League Baseball and the National Hockey League all made deals with MGM, and the NFL partnered up with Caesar's Palace. Today I'm joined by Daily Show Corresponded Michael Costa. Costa. Costa is always is always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always always is always good to always good is always. to always. to to to to to to to to the the the the the the the the the the the the to the the the the the the the the the the the the the the the the Supreme the the Supreme the the Supreme the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the Supreme is the Supreme is the Supreme is the Supreme the Supreme the Supreme the Supreme Court the Supreme Court the Supreme Court the Supreme Court the Supreme Court the the Supreme Court threat. the Supreme Court the Supreme Court the Supreme Court the Supreme Court the Supreme Court the Supreme Court the the the the the the the the and the NFL partnered up with Caesar's Palace. Today I'm joined by Daily Show correspondent Michael Costa.
Starting point is 00:02:07 Costa is always good to have you on. How you doing brother? Thanks for having me. Appreciate it. Good to see you. And we are also joined by gambling industry reporter for ESPN. David Pertham, David, how are you doing? I'm great man, thanks for having me on. Now, David, let's talk about the Super Bowl, you know,
Starting point is 00:02:28 Super Bowl, V, V, X, L, X, I, whatever the held, Roman numerals are so stupid. The Romans don't even use them anymore. Anyway, the Super Bowl remains one of the biggest sports betting days of the year. Sports betting is now legal in over 30 states. How did this evolve from an underground world of giving numbers to your bookie and then your bookie line and seeing your team didn't cover? To the mainstream industry app field world that we know today.
Starting point is 00:02:59 It was a slow process for sure, especially compared to other jurisdictions around the world. You know, sports betting was legal in the UK for a long time. Bookmakers are a respected profession over there. While over here, as you said, you know, most of sports betting for the longest of times was done in your bar rooms, your bowling alleys, or with your country club bookmaker. Now, we got over 30 states that have legalized it and we're catching up quickly. In the next decade, we're going to get big states like California, Texas, Florida. They're going to get into a game. And once they do, this is going to be home to one of the largest betting markets in the world. Hundreds of billions of dollars are going to be betthe-o'-nualy, the acceptance, I believe it was fantasy sports and the sports leagues embrace of people
Starting point is 00:03:45 wagering on statistical performances. I think that kind of normalized things and brought sports betting to where we are today into the mainstream. Is there a sense of the convenience of it as well? Costa, do you remember when you, have you ever placed a bet on a sporting event? I've definitely placed a bet, but you know, we would, my brothers, we would go to Las Vegas for March Madness. Right? We would then sit in the sports book and my brother would lose 500 betting first half UNC on the under and then he would bet a thousand UNC second. You know, but that was like, I guess that's old school betting, right, David, to actually go to the casino and sit in the sports book. I mean, now it's just right here. I don't, I don't do this. I'm afraid, I think, I'm a little weary of how convenient they're making it, and how hard they're pushing it. Yeah, it's definitely changed from going up to the counter and handing over cash. Over 90% of the bets, 90% of the money is wagered on your phone these days in the states that have legalized it. And of course, even in the states that aren't legal, let's not pretend
Starting point is 00:04:55 that there's not an underground bookmaking industry that's still thriving. You can go down to Costa Rica and there are all kinds of sports books operating down there and it's not hard to find a bookmaker at any kind of country club or bowling alley as we mentioned. Okay, now when you say growing, David, let's put some numbers to this. How many people are we expecting to bet on the Super Bowl this year? And I know the Super Bowl already has, all of these weird side prop bets, like, who will be the first, how will the first point to be scored to be scored to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, to be scored, the, the, the, to be, to be, the, the, to be, the, the, the the to be, and I, and I, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, they...... And, they. And, the the the the the the the the the the the, too, too, too, too, too, too, too, too, too, too, too, too, the too, the the the the will the first point to be scored? But how many people are we talking and how much money is changing hands on average for a Super Bowl gambling as a gambling day? So last year they estimated about 31 million American adults bet on the Super Bowl that combined to bet about $7.6 billion. Some of those estimates that came from the American Gaming Association and theythey include some informal polls, like your Super Bowl squares, and things like that.
Starting point is 00:05:48 But you know, those numbers are going to go up this year because we've got new heavily populated states like Ohio, Massachusetts. They launch betting markets in recent months. So, you know, 10% of the adult population will almost certainly have a bet on the Super Bowl. But do you think, David,'s the same people that we're betting illegally are now just doing it legally on their phone, or, and I know what they want, is it new people betting for the first time? I love that question, and it's something that we have not been able to define yet. Certainly the pool of betters is growing, but the majority of them were probably betting it, you know, offshore. The estimates of how much was wagered on the Super Bowl before legalization, we're almost
Starting point is 00:06:30 in the billions of dollars as well. So while we do think we have a new pool of bettors coming up, there still is the majority of them I would believe this is not their first bet that they've ever placed. They were betting law the the the the tho on before before before before before before before They were betting law before. Yeah. Now this is a complicated topic in its sense because you know the Daily Show we have this we have this burden to a degree David, at least I think we can discuss problems that you already knew about or we can try to inform you about stuff that you didn't even know might eventually be a problem. Here's the storm versus hey here's what's happening just off the horizon... I. I.. I th. I th. I th. I th. I th. I th. I th. I th. th th th th th this is th this is th this is this is th. this is thi this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is this is thi thi thi thi this is th. Because th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. thi. this is a thi. thi. thi. thi. thi. this is a this is a thi. this is a this is a this is a this is a this is a this is a problem like here's the storm versus hey here's what's happening just off the horizon I feel like this is one of those stories that was a horizon story so
Starting point is 00:07:12 we have to figure out ways to make it make sense for the viewers and like spoofing is always a simple way to do it and so I know cost you all spoofed the movie uncut gems which if I'm not mistaken it was Adam the the to to to to to to to to to the to to to to the to to the to to to to the to to the the to the to to to to to to to to to to to to to to to to to the the to to to to to to to to to to to to to to to to to to to to to the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the they. the the the they. they. I the they. I the the the the they. I try. I. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm Uncut Gems, which if I'm not mistaken, it was Adam Sandler with a very weird accent. How did that segment come together? Well if you haven't seen uncut gems, it's wonderful, it's terrifying, it's anxiety, it's a man constantly chasing his losses through gambling, and it's funny and and it's there's some great lines. So we of course made the leap as you do in comedy elevated it to what's next if we're legalizing so much gambling or you get so deep in that now you're betting on kids hopscotch games and you're betting on the person at the playground shooting free throws.
Starting point is 00:08:03 I made a crazy risk a gamble but it's about to pay off. I want to put 40 G's on a six-way parlayer today's game. We're just playing force, mister. Why would you bet on that? This is me! This is how I win! Of course it's a joke. But it's funny as time has gone on. That was all done before COVID. It is becoming more normalized.
Starting point is 00:08:30 Where does this end? You know, in England, David, can't you bet when your son is born that he can score a goal in the World Cup? It sounds ridiculous, but they take these bets. They do. You can bet on the weather over there. You can bet on th th th th th th th th th th th th th th th th th th th tho tho tho tho tho tho tho tho tho tho. tho. tho. tho. tho. tho. tho. that that tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. tho. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the. the. the. the. to. to. to. to. to. to. to. to. to. toooooooooooooooooooooooooooooooooooooooooo. to. to.these bets. They do. You can bet on the weather over there. You can bet on whatever you want. That's not normal. You know, Costa, you know there's like, there's some bets on who the next host of the Daily Show is going? Oh snap. I would hate.
Starting point is 00:08:56 There's like, it's unnecessary the type of stuff. Where does it stop, David? What else can you bet on? Well you name, you name, you name, you name, you the the the the the the stop, David? What else can you bet on? Well, you name it for the Super Bowl, you're gonna be able to bet from the pregame to the post game, you know, from everything, from how long the national anthem will go to who the Super Bowl MVP will think first in his post-game speech. So, you know what the biggest one though is, out of all the th have on the Super Bowl annually every year, the one that attracts the most money, simply heads or tails on the coin flip. You're right. You know, I guess my big question is so what? Like, it's only a problem if you lose your house
Starting point is 00:09:31 and family and loved ones because of it. So maybe if we, Americans, the humans, like a little wager, is it problematic? I guess for me the concern of it, and this is coming from a man gambled I remember one time because I can say the name the casino's gone now so the lawyers don't have to get all scared casino magic and Biloxi RIP Katrina swallowed her into the Gulf as it deserved to be right but when I did comedy there at those casinos they would pay the comedians in a check so that you wouldn't gamble your cash at the table. And I wonder how much as we try to tell people gambling as fun, we're not simultaneously talking to them about impulse control and how this is a slippery slope. I think it's the best in
Starting point is 00:10:17 those gambling commercials, correct me from wrong David, but there's like really fine print at the bottom of the screen, the the the the the the the the the the the the the the the the the th.. th. their, th. I I th. I th. I's, th. I's, there, there, there, there, there, there's, there's, there's, thin, there's, thin' thin' thin' thin' thin' is, thin' is, thin' is, thin' is, thi, thi, and I's, and I's, and I's, th is, and I's, and I's, th is is th is th is th is th is th is th is th is th. I I I I's is th. I's is th. I's is thin' thin' thin' thin' thin' the, the. I's the an the an the an thean, toy try try try try try try try try try try try try try try try and the bottom of the screen like hey if you got a problem make sure you call a friend call a little one hundred gamble out but anyway it's fan dual yeah yeah you're right and you know the National Council on problem game will put some numbers on this they estimate that around three to five percent of people who gamble will develop some sort of gambling case studies and other jurisdictions of the expanded legal gambling they do receive a spike and just like we have just expanded legal sports betting, we're almost destined to see a spike and increased problem gambling. Again, we're increasing the pool right of the number of bettors so
Starting point is 00:10:56 that percentage while it may stay the same, we're going to have more problem gamblers. So we're probably in that initial stage right now where we're probably going to start hearing about more cases of a gambling addiction. And some of them are really bad. It can spiral out of control. People can lose their life savings. There's a high rate of suicide related to gambling addiction too. So the good thing is these same studies have shown that society usually adapts. We enter these new vices into the society. They adjust to them, they're impacted by them, they put the proper protections in and provide help for those who struggle to gamble responsibility. So things kind of level off. That's the hope at least, but it's going to be a battle. If we're talking about impulse control and
Starting point is 00:11:38 making sure that things don't spiral out of control, why did professional sports leagues flip on their opinion of sports, of legalized sports betting? Because, you know, when you look at Pete Rose, who was a manager but never bet on games that he was managing, and then you look at, I think the NBA ref, what was his name, Costa? Was it Donoghue? Tim Donahue. Okay. So he's throwing games and blowing calls on purpose because he's got money on the game. So, so, so, so of of of of of of of of of sports. So, so the the the the the the the their their their their their their their their their their their their their their their o' their o' their o' their o' their o' their o' their o' their their their their their their their their their their their their their their their their their sports, their sports, their sports, their sports, their sports. their sports. their sports. their sports. So. So. So. So. I I. I. I. I's, their. I's, their their. I's, thii. I's, thi. I's, thi. I's thiii. I's thiiiiii. I'm. I'm thii. I'm. I'm their their their their. I'm. I'm. I'm their. I'm.ue. Yeah. Okay. So he's throwing games and blowing calls on purpose because he's got money on the game. So you know professional sports leagues long opposed sports betting for that and they didn't want to corrupt the players. We don't need a franchise in Vegas because it's going to make our players crazy and they're going to gamble all the money. But then the Supreme Court reverse course and then all all all all all all all all all all all all all all all all all all all all the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the sports. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. and then all of the sports leagues on board,
Starting point is 00:12:25 come on down to the fan duel.com backslash fantasy football arena. Why did these leagues flip? And how do you think the leagues embracing sports betting changes the landscape of the game and the fan experience? Well, the pivot, these are billion dollar businesses, MNFL, NBA, they like money, right? And when the Supreme Court opened a path for all these states to kind of launch plating markets, that was 2018.
Starting point is 00:12:53 The leagues really, they knew they didn't have much option other than to embrace it and get on board to this money train. They had to get on board, make sure they had to say to say to say to say to say to say to say to say to say their their their they had a a their they had to say, make sure they had a seat at the table. Now, it was definitely quite the whiplash pivot moment. I mean, back, oh, it was about 10 years ago, 15 years ago, Bud Sea League, the former MLA commissioner, he was quoted saying, sports betting was evil. It's going to destroy a sport. Well, you talked about the landscape.
Starting point is 00:13:19 He flash forward today, you got retail sports books sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports sports books books books books league stadiums, including at State Farm Stadium in Glendale, Arizona, which is the site of this year's Super Bowl. Is there any positive coming or destined for some of the revenue? You know, like do they have to put some of the revenue into youth sports programs? Do they have to put it into gambling education? Please, please tell me yes. Yes, absolutely. They are trying to dedicate. You mentioned use sports. Some programs are getting that. A lot of it is going to gambling addiction. I say a lot. Some of it is going to gambling addition services certainly not enough. But they are trying to dedicate this tax revenue. It is significant tax revenue. So they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are they are th. thi. thi. thi. they are th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. thi. thi. te. te. te. te. te. te. te. try. try. try. try. try. try. try. try. try. try. try. they are. te. trying to dedicate this tax revenue and it is significant tax revenue so they are trying to put it towards worthy causes. Will it be enough to kind of
Starting point is 00:14:09 balance out the negatives that come from it? That's still kind of left to be determined. I was doing some Googling because I know I'm from the state of Michigan and a lot of the lottery proceeds go to education and I said oh do all the other states do that. th. I, th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. they they they they are they are they are they are thi. they are thi thi they are they are thi they are they are thi. thi they are they are they are they are they are they are tho. they are they are tho. thi thi. they are thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. th. thi. they are they are they are they are they are they are thi. They are thi. They are thi. They are thi. They are thi. thi. to. try. try. try. the. they are they are the. they are they are other states do that? First of all, like 40 states do that. Of course, that's how you get funding for education in the United States. You have to buy a lottery ticket. But I was hoping with the gambling revenue that's going to be new, that we would at least, at least have some positive impact and not just more money for the NFL. David, I'm sorry that's that that that that that that that that that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's. that's. that's. that's. that's. that's. that's. that's. that's. that's. that's. that's that's that's the the the the the the the the the the the the the the the the the the the the the the the the the th. the. their. th. the. that's that's that's that's that's th. that's thi. David, I'm sorry that my colleague has hope and optimism about people doing the right thing with money. That's not the general. It's not the general way of the world. But after the
Starting point is 00:14:51 break, Costa, I want to talk to you a little bit about being a college athlete. And I want to talk about the implications, David, of sports betting as it relates to the college game and the name and likeness stuff that's going on as well. Like you have the Chicago Black Sox scandal in 1919 where the White Sox threw an entire world series. Could you do that with a college football playoff? How corruptible are the kids? Let's talk about this after the break. This is beyond the scenes.
Starting point is 00:15:21 Let me check my Super Bowl fan deal real quick. I'll be right back. Beyond the scenes we are back. We are talking about professional leagues and sports gambling. But what about college athletics? And you know people bet on college game. Costa you just said a second ago you and your brother went to Vegas to bet on the college game? Oh, yeah. Yeah. Does sports betting? How does this affect student athletes? A second ago, you and your brother went to Vegas to bet on the college game. Oh yeah. Yeah. Does sports betting, how does this affect student athletes and their mental health
Starting point is 00:15:51 and how potentially corruptible is the college game based on all of the money that's moving around? Like college, like Costa, you played tennis and college? Yeah. How could somebody just come to you? Hey, make sure in this next set you go 30 right? And then come back and double-duce. I got money on this set to go deuce. Good job using tennis terms. I don't even know double-duce is the word. Thanks to thanks to college tennis being a non-revenue producing sport. I was, I was shielded from a lot of that but this is
Starting point is 00:16:28 always and David can definitely speak to this but this has always been a very corruptible group. Millions are being made off of them. I don't know the numbers for what CBS paid for the TV broadcast rights for March Madness, but it's a B. It's a billions. It's billions. So you're making millions and billions off of these athletes who are not getting paid. So this is, this is a enormous opportunity for corruption. David, what do you think? Is am I right? It is. You nailed it all. These guys are vulnerable. Even though the athletes are getting name, image and likeness deals now. It's not for a lot of them, and th, th, th, th, th, th, th, th, th, th, them, th, th, the the th, their, th. And, their, th. So, th. So, th. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, thi. So, th. So, th. So, th. So, th. So, th. So, th. So, th. So, th. So, th. So, th. So, th. So, the the the the thi. So, the thi. So, the thi. So, thi. So, thi. So, thi. So, they're thi. So, they're they're thi. So, they're thi. So, thi. So, thi. So, thi. So, these guys are vulnerable, even though the athletes are getting name, image, and likeness deals now, it's not for a lot of them,
Starting point is 00:17:07 and some of them are not making a lot of money. And if a kid can't scrounge up 100 bucks to take someone out on a date, and they may think that missing a couple of free throws or turning the ball over, isn't that big the of to the, I would want to make that these issues existed before legalization, right? We had points-raving scandals almost one every five years starting in the 1990s. And since we started expanded legal betting, we haven't had one in college sports, at least that not one that's been exposed yet. It does kind of feel inevitable that we will
Starting point is 00:17:40 have another, but I don't think we should necessarily blame that on legalization. In fact, I think with the many more eyes that are watching it and people are really kind of looking for anything that's nefarious going on, watching the point spreads, there's the money coming on a weird game that we didn't think should be there, you're more likely to get caught if you're trying to pull something of big scale now that everybody has more visibility into the betting market. I can also say as a former collegiate athlete that you spent 15 years now, 16 years for this moment. Your parents refinanced their house to send you to basketball, tennis camp, whatever. Your coach rides you all day about your jump shot.
Starting point is 00:18:26 You're naturally already have a lot of pressure on you. If your anonymous Twitter handle is lost 400 bucks because of, you know, you kind of don't give a shit. In my opinion, there's enough pressure already on the shoulders that come from within and come from family and others. So I would think they would be, you know, and I'm just talking this, I would think they maybe wouldn't be as influenced as much as we believe by a stranger's bet. I think, what I think also, Costa, is that what we also have to account for to some
Starting point is 00:19:01 degree is how social media and how, like if you've been to a sports book, you know the the range the range the the the the the the the the the the the the the the the the the the the th, the th. th. them, the th. th. the. threat. threat. threat. threat. You're thin, you threat. You're threat. You're thin, you thin, you thin, you thi, you thi, you thi, you thi, you thi, you thi, you thi, you, you their, you, you, you th.. th. th. th. th. th. th. th. th. th. th. th. I th. th. I th. the, and the, and thin, and the, and thin, and thin, thin, to to thin, toe. I toe. I'm toe. I'm toe. I'm toe. I'm toe. I'm thin, and I'm the threat, and degree is how social media and how, like if you've been to a sports book, you know the range of emotions that happen on that last play and the highs and the lows and the screams and the cheering and people and people take that straight to social media. And if Super Bowls are a perfect example. The Bengals, some would argue the Bingels are not in the Super Bowl because Joseph Assay, the brother's name, made a dumb play at the end of the game against Patrick Mahomes and the Chiefs got a shorter field goal to go to the Super Bowl.
Starting point is 00:19:36 He sat on the bench the entirety of the confetti celebration with the weight of the world on his shoulders and that's a grown man. So the the the the th. So th. So imagine th. So imagine th. So imagine th. So imagine th. So th. So th. So th. So th. So th. th. th. th. th. thi. I's, thi. I's, the thoom, the thoom, thi. I's, the thoom-a, thoom-a, thoom-a, thoom-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-s, thoer, thoer, thoer, thoer, thoer, tho'-s. So-s. So-s. So-s. So-s. So-s'-s'-s'-so'-so'-so'-so'-so'-so'-s. Soa-s. Souuthat's a grown man. So imagine being an 18 year old that fumbles at the goal line in the big trophy game and now you open up your social media to thousands of rabid gamblers who were blaming you specifically for that loss on some mental health shit David. Like where does this is how does the school then work to try to protect the players from that type of verbal abuse and attacks. It's bad enough when you're dealing with a rabbit fan base, but a rabbit fan base who also lost money. I don't know if that should be part of the regular weight that a college athlete should have to care. It took cost us point of all of the other weight that you're carrying now. their ta.
Starting point is 00:20:18 Now you're carrying verbal abuse from strangers. It's disgusting. It really is. It's one of the things that really drives me crazy. We're actually doing some reporting on that right now. And there is a company called Sport Radar. It's a big tech company that analyzes a lot of data, and they have actually dedicated a whole department to identifying abusive behavior on social media toward athletes. So that's one way they are trying to combat it, but it's very, very difficult. And I'll tell you a quick little story. There was a kid that they called Parley Pats, and he was known for making these big parlay bets, right? And he was winning every once in a while, and he was really kind of getting some media publicity and ever.
Starting point is 00:20:56 Well, sooner or later, FBI got a hold of him. And it turns out he was sending, he was sending the worst, profane, direct messages to athletes. I mean, we're talking about like we're going to split your wife's throat with a dull blade and your children and all these terrible things. And his idea was I'm going to send these to these athletes and get them worried about me and then I'm going to bet against them. And so it can get really, really ugly. He was eventually, and thiiiii. And thi. And thi. And thi. And thi. And thi. And thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. to to to to to to to their their their their their their to to to to to their to to their to their to their their their their their their their their their their their their their their their their their their their their their their their th. th. th. I. I. I. I. I. I. I. th. I. th. I. th. thi. the. the. the. toe. the. toe. toe. toe. toe. toe. toe. toe. toe. the. the. the. th. me and then I'm gonna bet against them. And so it can get really, really ugly. He was eventually convicted and put on some probation for a long time. But there are some really, really dangers to these, and it does scare me. And yet, it's fun to bet on two teams that I don't know care. On a Tuesday night, I'm on the road, Roy, I just bombed at a casino in lacrosse, Wisconsin. Let me go bet a couple bucks on the double A
Starting point is 00:21:51 baseball team and now I have something to do tonight. It does give everything stakes. It gives everything stakes. Yeah, yeah, there's just there's something with regards to the dopamine of it as well that I think where it becomes kind of an addiction thing. Like I used to play online poker back when that, before the Fed shut that down. I was up like 400 bucks when to this day, I haven't got my $400 back from poker stars. But like that was fun and exciting to do, but on the money side of it,
Starting point is 00:22:21 David, if it's so lucrative and you know, the lottery, the lottery, the lottery, the lottery is the lottery is the lottery is the lottery is already, the lottery is already, the lottery is already already already already already, the lottery is already already, the lottery is already, the lottery is already, the lottery is already, the lottery is already, lucrative and you know the lottery is already getting education coffers Stuff pretty good for a lot of states Why isn't every state on board with the legalized sports better like like you look at California, right? California had a measure on the ballot and they was like nah, we're fine. We don't need to legalize that even even Florida said no which I was very, you know, I was very intrigued by that. Like, what do states have to gain or lose from legalizing sports betting?
Starting point is 00:22:52 The fact that Florida said no to anything on a ballot is just shocking. Yeah, politics are in play in all these big states. their three states, the Texas, Florida, California, they're going to get it done. Texas remains one of the few states without casino gambling, so there's some resistance to all gambling from the conservative nature of that state. That's resistance is slowly eroding in the sports leagues and their sports owners over there. Mark Cuban, Jerry Jones are kind of pushing that envelope. Florida and California each have these complex compacts with Native American tribes. They control the gambling in those states, which gets a little, real tricky to get it done. Florida is closer to getting it done than California at this point. But I believe eventually probably
Starting point is 00:23:36 were next five to seven years. All those will get done if not Sumer. And what they gain is that revenue. What they lose is any of the backlash and any of the issues that we've covered. So we've got to make sure that revenue is worth taking on the backlash and the issues that come about with it. Roy, do you ever bet on high lie in Miami? No, but I've gone to it. I don't bet on shit I don't understand. I mean, that shit is rigued rig right rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig rig riged, that, that, that, that, that, that, that, that, that, that, that, that shit is that shit is that shit is that shit, that shit, that shit, that shit, that shit, that shit, that shit is that, that shit, that shit, that shit, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, is that, is that, is that, is that, is that, is that, is that, is that, is that, is that, is that, is th. th. th. th. th. that's thi, is that's that's thi, is thi, is thi. that's thi. that's thi. that's that's thi. that's that's that's thi. that's that's thi. to take us and we would throw down two bucks on some guy and watch him play catch with a basket tied to his hand and we go, what the shit is going on.
Starting point is 00:24:09 But it was fun. I have no clue what it is. I'm like, if I don't understand the mechanics of it, you know, but the stuff I do. But the stuff I do understand, I get when the powerball gets up to a billion Then I'll do that and if I'm out with buddies in Vegas I'll do a little bit of blackjack But you know outside of that most of the gambling that I've done on a regular basis is long-term stuff. I got a hundred buck by and thunigh? that I buy into every year with some buddies from college and then I might do like the I don't know what it's the the the the the th is is is is is is the the the the the the the the the their is their is their. their. their. their. their. their. they. they. they. they. they. they. they. the the th. to to be. to to to be. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. to. the. the. the. the. the. the. the. the. the. the. the. the. the. I. the. the. I. I. I. I'm. to. I. I'm. the. I. t. college and then I might do like the I don't know what it's called David but at the beginning of the baseball season I will bet on which team will lose 100 games and I'll put 50 bucks yeah futures
Starting point is 00:24:54 I'll put a hundred bucks on the Cincinnati Reds to suck and then all of a sudden they go on a surge in June and you just know oh they're not gonna lose a hundred they're gonna lose 93 okay well I'm th I I I I I I I I I I I I I I I I I I I I'm th th th the the the the th I'm the the the the the the the the the the the the the the the the the the the the the the th I'm the their their. I'm their. I'm their. I'm their. I'm their. I'm their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'll their. I'm their. I'm their. I'm their. I'm their. I'm their. I'm not their. I'm not their their their th. I'm not te. I'm te. I'm their their their their their their their their their their. I'll their. I'll their. just know they're not going to lose a hundred they're going to lose 93 okay well I'm done watching baseball all year. How partisan is this issue David you know in the sense of from the lobbying standpoint from the casinos from the sports books angle you know is this an issue that is dividing Democrats and Republicans or they just both in the same place of going hey the money's got to be right the money's got not really the the the the the th th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. thi. thi. they they're they're they're the th. th. they the the the. th. they're thi. th. thi. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the th. th. they they they're they're they're they're they're to go go go go go to to to to to to to to to to to to to the the the the the the the the the the the the the the's got to be right? Yeah, the money's got to be right. Money is not really ever partisan. And everybody knows they can get it.
Starting point is 00:25:30 They just got to figure out the best ways they can. Now, you get the conservative pushback every once in a while that are against the moralists that think gambling is against that, of course, is if we bring it into a legal setting, we're allowed to put in these protections and hopefully kind of try to identify any of the issues that we may have, whether that be an addiction or a game fixing scandal, whereas your local bookey down at the barroom, he's certainly not going to say, hey, I think you may be betting too much. And he's going to say, hey, you want to bet on this next game. So there are positive pros and cons for both.
Starting point is 00:26:08 For his partisan of it, it's not much. People, they see the money, they want to get it, but their part. For someone dealing with gambling addiction, it's hard to escape because there are constant commercials and ads and promos and it's Rick's free. The first bed is free. We'll match your first $200 when you put your money in the account. Is enough being done to regulate and enforce responsible gaming? And, you know, David, how do we compare to other countries?
Starting point is 00:26:42 Like, what are some of the changes that they've made in Europe with regards to gambling to try to curtail addiction? Yeah it's gonna be tough for anybody to avoid seeing these commercials or the advertisements ever they were used to be up on the on the main buses that they were traveling through the Northeast you would see big ads for a fan duel and so forth so it's going to be very difficult until to thi to be to be very to be to be very to be to be very to be to be to be to be to be very to be to be to be to be to be to be to be to to to be to be to to be to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to the the the the the the the the the the the the the the the the the the the the the the the the the the the tou. tough. tou. thea. tou. tough. tou. tou. tough. So it's going to be very difficult until we do get some sort of pullback on the advertising and I do believe that is coming. In the UK they've already started that kind of re-looking at how should we keep advertising away from sports. And they're going to do what they call a whistle-to-whistle ban where you will not allow it be allowed to air sports spending commercials throughout a match. As soon As the match starts through the end of it, you will not be able to to air
Starting point is 00:27:27 any kind of sports betting commercials. Now some of the soccer players still have ads for sports books on their jerseys and you see them around the runners board. So there's a lot of things that are going to have to change. It's going to make it very difficult for anybody that is that is that is that is that is that is that is that is th th th th to to to to to to to to to to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make it to make it to make it to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make to make it to make it to make it to make it to make it to to to to to to to to to to make it very difficult for anybody that is struggling with sports betting or with gambling addiction overall to avoid them. Wait till Lionel Messi gets like a fan duel.com tattoo on his head. It's coming the way they put an ad on all the jerseys. But then you have companies like Draft Kings though where they'll advise you on how much money, like you can set how much you're going to put into your account every week or how much you can wager?
Starting point is 00:28:08 You know, they've also donated to the International Center for Responsible gaming like they collaborate with all of these different associations and groups and things like that, but Is that plication like if you look at the NFL right the NFL through six million at the National Council on problem gambling? That's like one? I don't want to call? I to to to to to to to to to to to to to to call, I to call, I to call, I to call, I to call, I to call, I to call, I to call, to call, to call, to call, to call, to call, to call, the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the their, their, their, their, their, their their their their their their their their their their their their their their their their their their their their their their their to to their told-cou.a.a.a.a.a.a.a.a.a.a.a.a. I'll their their their their their their the NFL right the NFL through six million at the National Council on problem gambling that's like one I don't want to call it alcoholics anonymous but they're like a group that is focused on helping people get past those addictions can you in earnest be a part of the problem and the solution or is the problem not your fault because there's always going to be people that overindulge? I think that lot that the latter the latter the latter the latter the latter the latter the latter the latter that that that that that that that that that that that that that that that that that that that that that that that that that that that the latter the the the the the the the the that's that's the problem. that's that's that's that's. that's. that's. that's. that's. that's. that's. that's. that's. that's. that's that's that's. the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the people that overindulge? I think that the latter there, there's always going to be again that three to five percent of people that gamble will develop some sort of gambling disorder or gamble type problems.
Starting point is 00:28:57 We could only try to help them as much as we can and I, you know I applaud the NFL the National Council on Problems coming. That that, I, I, I, I, I, I, I, I, I, I, I, I, that, that, that, that, that, th, th, th, th, th, th, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thin, thin, thin, thin, thin thi, thi, thi, thi, thi, thi, thi, I thi, I thi, I thi, I thi, thi, thi, thi, thi, thi, thi, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, the the thin, their thin, their thin, their thin, thin, thin, thin, thin, thin, thin, thin, thin, the thin, thin, thin, thi you know, I applaud the NFL for giving the National Council on problem-coming all that money. That doubled their national budget, you know, that this is, these are not well-funded companies, these ones that try to help with gambling addiction, so any kind of money we can get them. And again, I think that's, Michael mentioned, you know, I think that's a good thing from legalization, the legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal legal, th. th. thi, thi, thi, thi, thi, thi, thi, that's, that's, I that's, I that's, that's, that's, I that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, that's, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, their, the because we are trying to help them. We are trying to throw some of the money. While as the corner bookmaker, who was offering credit to the local college kid and all of a sudden he burns through his $500 a credit and he doesn't have that money, well, that local bookmaker isn't saying, oh, hey, let me help you out. They are trying to to to to to to to to help to continue to take that money. So I think there are pros and cons from it.
Starting point is 00:29:46 And I do think that if we look it all over, there's a little more positivity to legalization of sports betting than it were to keep it in underground. David, you said it's three to five will develop a problem, but I'm willing to bet 200 bucks with you that it's more like 20% you're willing to take that?... bet 200 bucks with you that it's more like 20% you willing to take that? 20% yeah I'll take that I'll take the under that. That's a deal. What country was you talking about in the first break where you say you can gamble on middle school which kids left shoe is going to come untied? Yeah, yeah, England. England and the weather you can bet on the weather over there. I don't think we'll ever reach a point where we can say that we've got problem gambling
Starting point is 00:30:26 under control. There's always going to be people that struggle with it. I think the key is trying to identify it quickly because like we talk about, things spiral out of control quickly. You think, you know, you're going to only be down a thous down 2000 and you don't got the money and you got to pay and now you get nervous and then you to make bad decisions to try to get that money so it's going to be an internal challenge for all the stakeholders. That's why I stopped fooling around with FanDool and like all like I took all that shit off. I took all that shit off. betting stuff, Draft Kings, the Draft King commercials first off, feel like a
Starting point is 00:31:05 Red Bull ad, feel like an ad for like a motorcyclist, you know, draft Kings, come on down and bet on your favorite football play. How much more does that type of stuff make people vulnerable to gambling addiction? That's, I've thought a lot about this and I believe I'm in the camp of people were doing this anyways. I'm happy we're legalizing and maybe getting some revenue. But what I hate is when my three-year-old daughter, eyes are drawn to Jamie Fox pushing a gambling ad. It's almost like the cigarette companies with the cartoons on the boxes at this point. Yeah.
Starting point is 00:31:48 They're pushing them too hard. Like, we're adults. Adults should be able to partake in their vices, in my opinion. And gambling is one of those vices. But it seems too aggressive now, and I want them to slow it down, please. There's definitely something to that you know because like even with some of the apps that my son uses some of the incentives and this is this is an educational app to teach you learning but some of the incentives oh if you answer this question you get this many coins and then you can
Starting point is 00:32:19 double the coins if you answer one more question it's like some prices right deal or no deal shit right all in the effort to get a better hat for your avatar so he can continue on the journey through the learning environment or whatever but this idea that the apps like David how does that affect you know mental health like do these apps help to introduce more young people into gambling because we're talking about 14 15 year olds where what's the checking balances are you 18 do you you promise you're 18 all right click here right or hand your mom hands of the phone whatever but gamble you know the gamblification they call it of
Starting point is 00:32:57 video games and any time of those things are worrisome it's a big issue over overseas right now those loot boxes that they call them where you're playing a CS go or whatever or the the the the the the the the the game the game the game the game the game the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the game. the. the. the. ty. ty. ty. te. te. te. te. te. te. te. te. te. I. the. the. the. the. issue over overseas right now, those loot boxes that they call them, where you're playing a CS go or whatever video game you're playing, and if you get this loot box, it can kind of parlay your skin of your gun, you get a stronger gun, and people start selling these things on the black market, and there's been lots of discussion on that. So it's something we're going to have to pay attention closely to. The number the number the number the number the number the number the number. The number. It. It. It, it. It, it, it, the the the the the to, to, th, th, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th. And, th. And, th. And, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th. And, th. And, th. And, th. And, th. And, th. And, th. And, thi, thi, thi, thi, thi, thi, thi, thi, thrown, thrown, thrown, thrown, thrown, thrown, the, the, the, thea. And, the. And, the, thin, the we're going to have to pay attention closely to the number of commercials. NFL decided they were only going to do six sports book or sports betting commercials per game is even seemed like a lot because we went from zero to six. So I do eventually think we're going to get some pushback and some regulators are going to say okay we've gone a little
Starting point is 00:33:42 too far. And to that point David David, after the break, I want to talk a little bit more about what the future of sports betting looks like. Will they put microchips in our heads? Will I just think to myself, Jalen hurts over 300 yards, less than two interceptions? And then, thing, it's just automatically taken from my checking account or something. future sports betting looks like. This is beyond the scenes. We'll be right back.
Starting point is 00:34:05 Beyond the scenes, we are rounding third and headed for home. Wonderful conversation here about sports gambling and things of that nature. Real quick, let me check my fan duel real quick. Yeah, check that. Okay, it's looking good. I think I got my line up set. There we go. David, how far away are we from middle school soccer gambling, to to soccer, to soccer, to soccer, to school, to school, to school, to school, to.. th and th and th and th and th and th and th. th. th. thi. th. thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, the. the, th. th. th. th. thi, thi, thi, thi, thi, thi, thi, thi, thi, th. We're, th. We're, th. We're, th. We're, th. We're, th. We're, th. We're, th. And, the the the the the the th. thi, the thi, thi. thi. thi. thi. thean. thean. thean. thean. thean. thean. thean. thean. thean. thean. thean. thean. line up. There we go. David, how far away are we from middle school soccer gambling,
Starting point is 00:34:25 respect to it? A long ways. We're not going to get there. They are betting on high school sports, but most of those are done in those illegal sports books in the offshore world. But we're not going to to middle school and you won't see high school betting in the legal market. But I could see Roy, everything is going subscription model. I could see where you could bet a seasons worth of bets. You know, I could see where they go, okay, Costa, you keep betting the lions. Let's just automatically set your bet every Sunday. And you can go in and log in and remember your password and cancel it if you want. But we're just going to place that for you automatically.
Starting point is 00:35:05 I can see that coming. They might already have exist. I guess I'm half kidding about middle school soccer. I really do think eventually coming at. But when we talk about the future of sports betting and what it looks like in the United States, is this something that will eventually extend beyond sports? You know, this is award season for all the shows. How much more hardcore are we going to get into that?
Starting point is 00:35:27 Like, because I know people bet on the winners, but at what point do we just start gambling on the nominees? Well, you do have betting on the Oscars. It's a pretty big market. There'll be more over millions of dollars a bet on the academy award. You're going to eventually probably see betting on elections. They the the the the the the the the the the the the the the the the the the the the the the the. the. the. the. the. the. theck. theck. theck. thoes. thoes. theck. theckoes. thoesceaugeckoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. thoes. the. the. the. the. the. the. the. the. the. the. the. the. the. the. This is. This is. This is the. This is toe. This is toe. toe. toe. toe. toe. toe. toe. toea. toea. toea. toea. toea going to eventually probably see betting on elections. They do that in the UK where the US presidential election is one of their biggest political markets there is. If it was over here, a lot of bookmakers think a betting on the presidency would be the largest
Starting point is 00:35:56 betting market we offer over here. So there will be some evolution of this and continue to grow. Hopefully we'll be smart about it and not get into middle school soccer. What challenges lie here for the sports betting providers other than getting all of these politicians on board by bribing them under the table? I think you're eventually going to see some pushback from regulators on advertising. It seems like it will also be inevitable that we're going to have another gambling scandal. Like, you know, we repeatedly had throughout the history of sports, even before legalization. There's a lot of money. Whenever there's something with a lot of money involved,
Starting point is 00:36:31 nefarious actors come to play. And I really do think there's going to be some awful stories of people who lose everything to gambling addiction. So the future, it's a little scary, but I think that as a society we are adults and we should be allowed to use our vices responsibly. We just have to make sure and try to do that, right? We cannot let things get spiral out of control whether for individuals or as a society as whole when it comes to gambling. This is what I would do if I was a college kid and I needed to make some money and I was open to be sanded to be the to be to be the the the to be the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the their their their their vices. thiias. their vices. thiaiciciesiesies. to be to be to be to be to be to be to be to be to be their their their their their their their their their their their their their their their their their their their their their their their vis.. their their v. thiiii. thi. thi. thi. thi. thi. thiia. thia. thiiiiiia. thiiiiia. thiiiia. thia. thia. thia. thiiiii. to gambling. This is what I would do if I was a college kid and I needed to make some money and I was open to being scandalized. I wouldn't take the bet to lose the game, right?
Starting point is 00:37:14 That's too big. People might notice that. But you take the money to not have as many assists or in the first half-of-a-half-bet. I feel like the scandal might be they they they they they they they they they they they they they they they that's that's that's that's that's that's that's that's not th. th. th. th. th. tho tho tho tho that's not tho tho tho tho. tho. tho tho tho tho tho tho tho tho tho tho tho tho tho tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I tho. I that. I that. I that. I that. I the. I the. I the. I'm the. I'm toe. I'm toe. I'm toe. I'm the. I'm thooooooooooo. I was the. I was great and it's a first half bet. I feel like the scandal might be, it's not they lost the game or he missed the free throw with no time left, it's always these little like first quarter bets or like, you know, that's that's where you could really make some money. I'm not advising them to do that. No, but I am. Let's go down this road. I like this cost. this. this. this. this. this. this. How this. How th th th th th. How th. How th th they. How their their their their their their their their their their their their this road. I like this costa. How would I be corruptible If I was still playing the game Like if you know your quarterback's gonna get sacked twice and I'm an old lineman
Starting point is 00:37:52 Then I'm gonna bet that he's gonna get sack three times because on one of those plays I'm gonna let the D lineman go past and now that's three sacks and it's only one play the play out of the greater greater. thagagagagagagagag. th so th so th so th so th so th so th so th so th so th. And th. And th. th. th. th. th. thirty. thirty. thirty. thirty. that's that's that's that's that's that's thirty. thi. that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's th. th. th. th. th. th. th. th. th. th. th. th. th. the the the the the game. the the the th. the the thi. the thi. thi. the thrown. the the the the they. they. I's they. I's thrown. the. the. the. the. the. I's thi I throw the game or did I just pay for a couple extra textbooks? How much money you try to make off that? I'm trying to retire day. You're trying to retire. You're not going to be able to retire on betting on sacks. The way that books combat that is they put limits on it. So you may be able to get it you know a few thousand dollars dollars dollars dollars at one book, maybe 500 at another book, but you're not going to make retiring money on there. The big markets are the to win the game or to use the game the point spread, right? Those are the ones that have the biggest limits. So if you're going to try to retire off some sort of match fixing scheme and you know it is a federal crime. and you and you and you the the the the the to to to to to to to to to to to to to the game. to the game. to to the game. to the game. to the game. to to to to to to to be to be to be to their their to to be to be to to to to to to to to to to to to to to to make. I me mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mary mcxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxin. their mc. theirmsexin. theirm. theirc. toeaui, toeaui, toeagui, toeauiauiauiccunc,'re going to have to play to win the game
Starting point is 00:38:46 or cover the spread and you're gonna have to be able to disguise your money, right? You can't put all this money, millions of dollars on some random low level college basketball game. And then where do you deposit that without having to report it? Now you gotta hide the money in the backyard like Denzel Washington and American gangster. And the the the the the the the the the the the the the the the the the the the the the the the the the thoe, thoe, thoe, thoe, thoe, thoe, thoom, to tooome, too, tooes, tooom, too, too, too, too, too, too, too, too, too, too, tooes, tooes, tooes, tooes, tooes, tooes........... tooe, tooe, tooe, tooe, tooe, tooe, tooe, tooe, too, tho, tho, tho, tho, their, they. And, they. And, tooes. And, tooes.e. And, tooes. And, tooes. Andea, tooes. And, too, too, too, too hide the money in the backyard like Denzel Washington and American gangster and then the rat start eating your money like the drug dealer and bad boys too because you got so much cash you can't wash it.
Starting point is 00:39:09 I mean we're back to uncut gems. So last question then for both of you all. What are your predictions for the Super Bowl? Who you betting on? Do you bet, David? We never even asked you that. I am the worst better there ever is. I have my Twitter profile says I write about gambling, but I am not good at gambling. And it's true.
Starting point is 00:39:32 So with that said, I'm going to take heads on the Goyntos. Okay. I'm not an enormous football fan, than. fan and I love how we make it a spectacle. I love nobody entertains like Americans. So I usually get in on those like commercial bets who's the first beer ad. I like the bets about the commercials or how many Dorito ads are they're going to be and far as the game goes I'm staying off I'm staying away from that. Well I'm telling you right now friends I've got some hot tips. That's the other thing we didn't even get to to to to to to to to to to to to to to to to to to to to to to to to the the to get the the the the the the game the game the game the game the game the game the game the game the game. I the game. I the game. I the game. I'm the game. I'm the game. I'm the game. I'm the game. I'm the the game. I'm they. I'm they. I'm they. I'm the. I'm the. I'm the. I'm the. I the. I the. I the. I the. I the. I. I the. I. I. I. I. I. I. I. I. I. I. I. I. I. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. I'm. the. I'm. the. I'm. I'm. the. the. the. the. the. the. the. the. the. I'm. the. I'm. I'm. I'm. I'm staying off. I'm staying away from that. Well, I'm telling you right now, friends. I've got some hot tips. That's the other thing we didn't even get to talk about
Starting point is 00:40:08 was these gambling experts guys. Who just said, hey guys, hot tip, Eagles, over my homes, just found out, Patty Mahomes didn't have this traditional smoothie, thii. take the over on these guys man they're just looking good traditionally in games under 50 degrees and a Western time zone I just think you can't stop Jaylan Hertz and it like they get so granular on the stats I'm like you are on cocaine and I do not trust you in the least I wish we had more time to talk about this but this is extremely extremely fascinating David Michael thank you
Starting point is 00:40:42 for going beyond the scenes with me. Much love. Check my fan do one more time. Listen to the Daily Show Beyond Universe by searching the Daily Show, wherever you get your podcasts. Watch the Daily Show weeknights at 11, 10 Central on Comedy Central, and stream full episodes anytime on Fairmount Plus. This has been a Comedy Central podcast.

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