Is your son into Barstool Sports? They might be or might become addicted to gambling on iPhone apps

[Anonymous]

you know Barstool started as a gambling newsletter.

Gambling among teens is not new. I went to high school in the 80s and there were several bookies in our school and many more in college. The apps make it easier but I prefer betting with a bookie because of better odds and nobody tracks the winnings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know college students have been gambling for decades

Gambling is against the law!

sports betting is legal in most states now

- for minors?

When did it become legal for minors to gamble??

Didn't you ever go to camp? If your kids go to camp they are gambling.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know college students have been gambling for decades

Gambling is against the law!

sports betting is legal in most states now

- for minors?

When did it become legal for minors to gamble??

Didn't you ever go to camp? If your kids go to camp they are gambling.

Oh.

Well in that case, DS is 12 and really good at math. Plus he wants to find a way to make some cash.

I will tell him to try getting on these bookie sites.

Why not?

[Anonymous]

Lots of teens in my kids high school bet on FanDuel or Draft Kings.

I won’t say it’s most boys. But it’s pretty common.

[Anonymous]

My teen/minor son uses multiple betting apps - he tells us about his bets (I act as though I understand the various parlays and strategies, but I don’t) He is winning/losing $5-$20 range.
When he has cash that’s built up he moves it to his spending acct or E*trade acct where he buys a share of an index fund a few times a year. DH’s name is also on this account.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We just discovered our teen son, who has always been a fan of sports, has been gambling thousands of dollars on these gambling apps. His response to where the money came from, "I'm good at it." And he is in complete denial that it is in any way abnormal or an addiction. Even if you live in a state or commonwealth without online gambling, teens know how to spoof their internet address to make it appear they are in a state or commonwealth which has legal gambling, so they can place online sports and poker bets.

Where did he get the money to gamble with?

Most of these sites will give site credit for new signups. It's how they lure people in. They give $250 in site credit for new users. The users use that money to place bets and either lose or win. If they win, they usually can't withdrawal the winnings until they are over the amount of the site credit given. They can, however, keep using that site credit to keep gambling. Why keep gambling? To try to get over $250 so they can cash it out. That's how they get addicted.

[Anonymous]

All the panic over “grooming” and this is barely discussed. My male high school students all talk about it. They start them with fake money to get them hooked.

[Anonymous]

You never answered where your kid is getting the thousands to gamble. Do they have a credit card? Curious how this can be under the radar for more than a month.

[Anonymous]

Back in the olden times (late 80s/ early 90s) my dad found out I had bet $5.00 on a March Madness bracket set up by one of my friends at school. There was no yelling, no drama, just my dad informing me that since I apparently had money to gamble, I must have money to pay for rent, food, etc., and how much he would be expecting each month. That was the end of any gambling for me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We just discovered our teen son, who has always been a fan of sports, has been gambling thousands of dollars on these gambling apps. His response to where the money came from, "I'm good at it." And he is in complete denial that it is in any way abnormal or an addiction. Even if you live in a state or commonwealth without online gambling, teens know how to spoof their internet address to make it appear they are in a state or commonwealth which has legal gambling, so they can place online sports and poker bets.

Where did he get the money to gamble with?

Most of these sites will give site credit for new signups. It's how they lure people in. They give $250 in site credit for new users. The users use that money to place bets and either lose or win. If they win, they usually can't withdrawal the winnings until they are over the amount of the site credit given. They can, however, keep using that site credit to keep gambling. Why keep gambling? To try to get over $250 so they can cash it out. That's how they get addicted.

Thank you for explaining this.

[Anonymous]

Anonymous wrote:All the panic over “grooming” and this is barely discussed. My male high school students all talk about it. They start them with fake money to get them hooked.

Barstool is 100000% grooming to gateway underage boys into being gambling addicts.

[Anonymous]

Anonymous wrote:You never answered where your kid is getting the thousands to gamble. Do they have a credit card? Curious how this can be under the radar for more than a month.

They have an 18 year old friend or relative or someone's older brother who signs up and places the bets for them via group chat. Bets can be as low as $5. You can place risky (sucker) bets for $5 that pay out 20x.

[Anonymous]

Teens can very easily steal a parent's identity to create a gambling account on a phone app. It's VERY easy. Or once one buddy creates an account, the friend group can share the logins to all gamble from it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We just discovered our teen son, who has always been a fan of sports, has been gambling thousands of dollars on these gambling apps. His response to where the money came from, "I'm good at it." And he is in complete denial that it is in any way abnormal or an addiction. Even if you live in a state or commonwealth without online gambling, teens know how to spoof their internet address to make it appear they are in a state or commonwealth which has legal gambling, so they can place online sports and poker bets.

Where did he get the money to gamble with?

Maybe he only needed $10 and if he keeps winning the bank account keeps going up.