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Started By
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re: Over Half of Young American Men Now Use Sports Betting Apps
Posted on 4/15/26 at 8:26 am to Chastains
Posted on 4/15/26 at 8:26 am to Chastains
whats crazy is that if you are winning you will get limited. so basically the system is designed to just extract money from you and even if you try to get any type of edge they can immediately start limiting your account. imagine going into the casino and winning $500 on a slot machine and they say this guy is too lucky we will use facial recognition to make sure he cant win more than $5 at a time.
1
Posted on 4/15/26 at 8:31 am to Chastains
My high school son has several friends who play PrizePicks, Underdog Fantasy, etc. He asked me about it. I play cards. I don't, however, bet on games or players, so I started calculating the odds.
These games have TERRIBLE odds.
2-Pick Power Plays
Require two out of two correct picks.
Chance of winning 1:4.
Payout is 1:3.
Loss: 25%
3-Pick Power Plays
Requires three out of three correct picks.
Chance of winning 1:8.
Payout is 1:5.
Loss: 37.5%
4-Pick Power Plays
Requires four out of four correct picks.
Chance of winning 1:16.
Payout is 1:10.
Loss: 37.5%
6-Pick Flex Play
Requires at least four out of six correct picks.
Six correct picks pays 1:25.
Five correct picks pays 1:2.
Four correct picks pays 1:.4.
Loss: 32.8%
(I know the payouts are written backwards, but the layout helps convey the loss percentages better.)
These games have TERRIBLE odds.
2-Pick Power Plays
Require two out of two correct picks.
Chance of winning 1:4.
Payout is 1:3.
Loss: 25%
3-Pick Power Plays
Requires three out of three correct picks.
Chance of winning 1:8.
Payout is 1:5.
Loss: 37.5%
4-Pick Power Plays
Requires four out of four correct picks.
Chance of winning 1:16.
Payout is 1:10.
Loss: 37.5%
6-Pick Flex Play
Requires at least four out of six correct picks.
Six correct picks pays 1:25.
Five correct picks pays 1:2.
Four correct picks pays 1:.4.
Loss: 32.8%
(I know the payouts are written backwards, but the layout helps convey the loss percentages better.)
Posted on 4/15/26 at 8:39 am to GreatLakesTiger24
You risked $8,821.72 to win $466.10? You could get a much better ROI investing in an index fund.
Posted on 4/15/26 at 8:41 am to SoDakHawk
quote:not really. I deposited at most about $400 over like 5 years
You risked $8,821.72 to win $466.10?
Posted on 4/15/26 at 8:42 am to Chastains
If I meet anyone who wants to talk about gambling and all of the success they have I automatically loose respect for them.
Posted on 4/15/26 at 8:43 am to nola tiger lsu
quote:
Betonline is legit, or use Robinhood's prediction format, it is pretty good. Those are good enough for the few dollars us non-degenerates spend in a weekend.
Not looking to drop anything more than $5 or $10 but I will look into those options
Posted on 4/15/26 at 8:46 am to GreatLakesTiger24
quote:Bruh…
not really. I deposited at most about $400 over like 5 years
Posted on 4/15/26 at 8:48 am to Scruffy
?
Posted on 4/15/26 at 8:50 am to Chastains
i'm on one...win some, lose more...
Posted on 4/15/26 at 8:51 am to StanSmith
quote:100%
If I meet anyone who wants to talk about gambling and all of the success they have I automatically loose respect for them.
This isn’t playing poker with friends.
This entire gambling industry is just one giant operation designed to make people believe that they will win, and they have damn near perfected it.
The dopamine hits. The flashing lights on the apps. The “free” money to bet.
It is fascinating how good they have become at convincing people that handing over your hard earned money is “fun”.
Posted on 4/15/26 at 8:51 am to Chastains
I thinka lot of sports events are rigged and it's because of betting apps.
Posted on 4/15/26 at 8:51 am to GreatLakesTiger24
I think he’s saying you only have $66 more dollars than you started with 5 years ago
Posted on 4/15/26 at 8:56 am to LSUScores
Even if that were the case, still winning
Posted on 4/15/26 at 9:17 am to bad93ex
quote:
Not looking to drop anything more than $5 or $10 but I will look into those options
I put 25 into Robinhood and been playing with that since November. A few dollars on a couple games here or there.
Posted on 4/15/26 at 9:18 am to GreatLakesTiger24
quote:
Even if that were the case, still winning
Fair point... Why were you going on about sending out resumes yesterday and not having a job? The answer is right in front of you. Go all in, my man. You've got the gift.
Posted on 4/15/26 at 9:20 am to diat150
quote:
whats crazy is that if you are winning you will get limited. so basically the system is designed to just extract money from you and even if you try to get any type of edge they can immediately start limiting your account.
I have 2 friends where this happened. They do actually win, they have spreadsheets and math and their brains work differently than ours, smart numbers people who also know sports. Severely limited by almost all the apps.
Posted on 4/15/26 at 9:31 am to Chastains
DraftKings just became legal in Arkansas, I opened an account years ago on vacation for the bonus bets money. I only got to play when I was on vacation so I had like $100 in my account.
It’s been legal in Arkansas for a month or so I think I’ve opened it once and bet .50 just to try it out.
It’s been legal in Arkansas for a month or so I think I’ve opened it once and bet .50 just to try it out.
Posted on 4/15/26 at 9:39 am to Chastains
I remember my dad having a bookie and calling in his bets on Saturday and Sunday morning and him betting at the track. Though I grew up with it, just never appealed to me. I also don't do Casino's much either. The only thing I done with gambling was poker and we did $20 buy ins and once a month $100 buy in. It was just a few of us Army guys. The best gamblers are hitting around 47% so statistically you are not going to win.
Posted on 4/15/26 at 9:43 am to stelly1025
Casinos suck because you can lose like $300 in 25 minutes on blackjack
I can bet a $25 hand of BJ on an SEC football game and that's like 4 hours of entertainment
I can bet a $25 hand of BJ on an SEC football game and that's like 4 hours of entertainment
Posted on 4/15/26 at 9:49 am to BeerMoney
quote:
I decided to never own an account watching friends glued to their phones over random hockey and football games nobody cares about. Seems too obsessive with trying to understand odds
Usually throw $10-$20 on a parlay on a weekend I'm off to give me something to watch.
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