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

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[quote=Anonymous][quote=Anonymous]3rd boy here.  Claims his friend made $75k last year[/quote]

I made just under $300k on a combination of fantasy sports and traditional gambling last year. Part time hobby. I wouldn’t “recommend” it for a teenager by any means; but I’d think about it the same way as if my kid were really into investing and constantly analyzing equity research or dabbling in quant analysis. That’s pretty unusual though. If the kid is just an action junkie and not treating it like something to be learned gradually, staying within limits, etc., then it’s just spending money on something disposable. Like going to the movies. And should be budgeted accordingly.

PS - It has literally nothing to do with Barstool. Barstool is affiliated with Penn casinos and launched one of dozens of betting apps now legally available. And some of the content producers gamble. That’s it. Every single major sports league has one or more official gambling sponsors now. Broadcasts provide live in-game updates on the lines. ESPN and other networks have a massive amount of programming focused on DFS and gambling. MGM, DraftKings, FanDuel, Caesar’s, etc., all have legal betting platforms, and kiosks in arenas. [/quote]

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