The Staggering Problems of Online Sports Betting

When the state of Colorado legalized recreational marijuana in 2012, I was fairly certain it was a bad idea that would have far reaching residual effects that few proponents or voters expected. While I understood some of the reasoning behind the law, I thought decriminalizing weed would have been better and was likely as far as governments should go. In terms of vice, laws of prohibition are never quite as effective as they are hoped or touted to be, and they also have unforeseen residual effects that extend or exacerbate a problem rather than resolve it.

Legalized sports betting seemed to be less of a red flag when the Supreme Court paved the way by ending the ban in 2018. While I'm not a big gambler, I have certainly wagered on sports, participating in Super Bowl prop bets and, of course, March Madness with the ubiquitous world of "bracketology." And, even when I first started noticing ads for Draft Kings and Fan Duel, I had no serious unease about the legalization, as I did with weed. 

Alas, the gambling vice might be just as bad. 

Last week, writer McKay Coppins dropped a bombshell of an investigative report in The Atlantic with his article "Sucker: My Year as a Degenerate Sports Gambler."

Since 2018, Americans have wagered more than half a trillion dollars on sports, and roughly half of men ages 18 to 49 have an active account with an online sportsbook. Throughout most of America’s history, gambling was heavily regulated and generally discouraged. In 1631, Puritans banned games of chance in Plymouth Colony “under pain of punishment.” In 1794, a Pennsylvania law prohibited “cockfighting, cards, dice, billiards, bowling, shuffleboard, horse racing, or any other type of gambling.”

Laws varied by state and century, but the practice always came with a healthy social stigma, one rooted in millennia of accumulated wisdom. To humanity’s great thinkers and leaders, gambling was an impediment to an ethical life (Aristotle), an invention of the devil (Saint Augustine), and a tax on the ignorant (Warren Buffett). It fostered selfishness and a something-for-nothing ethos that was poisonous to the soul. George Washington went so far as to warn that “every possible evil” could be tied to gambling: “It is the child of avarice, the brother of inequity, and the father of mischief.” As a result, gambling was largely contained to certain disreputable corners of society, such as riverboats, red‑light districts, and Nevada. For a time, it was the near‑exclusive province of leg‑breaking bookies and pin-striped criminals. Later, Native American reservations and offshore bookmakers got in on the action.

But professional sports leagues remained determined to keep gambling at a distance. High-profile scandals—the White Sox World Series fix in 1919, the Mafia-instigated point-shaving scheme at Boston College in 1978—had convinced commissioners that betting posed an existential threat to organized sports. In June 1990, officials from the major U.S. leagues testified before the Senate. Paul Tagliabue, then the NFL commissioner, captured their shared assessment: “Nothing has done more to despoil the games Americans play and watch than widespread gambling on them.”

And, I fear Tagliabue is correct.