CO-HOST | Make Money by Avoiding the Sports Betting Trap

Summary

Travis Makes Money Podcast: "Make Money by Avoiding the Sports Betting Trap"

Host: Travis Chappell
Co-Host/Producer: Eric (and others)
Air Date: July 17, 2026

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Episode Overview

In this candid and energetic episode, Travis Chappell and his producer Eric delve deep into the world of sports betting—looking at the exploding popularity, alarming stats around youth gambling, the challenges of resisting gambling in a city like Las Vegas, and the financial and psychological risks involved. Rather than shaming listeners or pushing for billionaire status, Travis emphasizes practical, reality-based advice on how to keep more of your money by steering clear of gambling’s pitfalls. Through engaging banter, personal anecdotes, and alarming statistics, the duo unpacks why sports betting isn’t a viable path to wealth and offers listeners clear-headed strategies to avoid the trap.

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Key Discussion Points & Insights

1. Gambling Culture & Las Vegas Life

• Living in Vegas & Gambling Habits

  • Eric expresses surprise that he doesn't gamble at all, given that he lives in Las Vegas, remarking on how dangerous that environment can be for anyone who’s susceptible to gambling addiction.
    • "People that struggle with gambling...I don't understand how they live here. They shouldn't. I guess they don't for long." — Eric, [03:25]
  • Stories of family members visiting Vegas and being at risk of gambling losses.

• Casino Experiences

  • Discussion about the changing rules in Vegas casinos, especially regarding where you can smoke cigars (and humorous musings about cigar smokers vs. cigarette smokers).

2. Alarming Trends in Youth Gambling

• Explosion in Underage Sports Betting

  • Travis and Eric highlight a recent Boston Globe article and other studies showing that sports betting is becoming disturbingly common among teenagers, even illegally.
    • "A Common Sense Media survey reported 36% of boys ages 11 to 17 gambled in the last year." — Eric, [07:38]
    • "A youth gambling fact sheet says 10.3% of youth under 18 have gambled online in the past 12 months." — Eric, [07:51]
  • They discuss the psychological and developmental risks of exposing adolescents and young adults to gambling.

• Peer Influence & Early Addiction

  • Noting how young people are influenced by friends who gamble, and the growing rate of problem gambling among those 25 and under.

3. Personal Gambling Experiences

• First Experiences & Family Attitudes
  • Travis recounts his first time gambling—playing video poker via his (now) wife's 21+ status during a family trip, and beginner’s luck leading to a small win.
    • "We won 200 bucks, four of a kind, and then cashed out and gave him the money back. And we're like, gambling is awesome." — Travis, [08:47]
  • Eric contrasts this with his own ultra-strict upbringing where even card games (like solitaire) were discouraged because they carried "the appearance" of gambling.
    • "We weren't allowed to use playing cards because...it looks like gambling." — Eric, [10:36]

4. Hard Statistics: How Widespread Is Sports Betting?

• Staggering National Numbers
  • 27% of Americans have an active online sports betting account (and growing rapidly from 19% in 2024).
    • "27% of Americans have an active online sports betting account. That's lower than I thought." — Eric, [12:17]
  • 60% of bettors admit they've "chased" a loss—betting again to recover lost money.
  • 74% of Americans think online sports betting for those as young as 18 is a serious issue.
  • 67% want more government regulation to curb compulsive gambling.
    • "There's some stats. Let's work backwards on this." — Eric, [13:43]

5. Should Gambling Be More Regulated?

• Limits of Government Action
  • Travis and Eric debate if more regulation would solve the dangers of gambling, noting that illegal betting already eclipses legal activity, and more regulation might simply push bettors further underground.
    • "Even if online gambling became illegal tomorrow and all of the legitimate companies had to close their doors, that would do nothing...everybody would just be like, all right, where's all the illegal places?" — Travis, [15:53]
  • They criticize the massive volume of gambling ads on TV and social media vs. strict restrictions on cigarettes or even cigars.
    • "I do think it's bizarre that...they can not advertise things like cigarettes on TV...but online gambling is, like, so much worse." — Eric, [14:39]

6. Sports Betting in Pop Culture & Ads

• Breakdown of Advertising Tactics
  • The hosts lampoon how mainstream sports, especially UFC broadcasts, are flooded with incessant betting ads and parodies, with co-branded sponsorship deals everywhere.
    • [18:33] — Humorous summary of typical gambling, military, and TV ads during UFC events
  • Discussion of the complicated standards around advertising "vices"—tobacco, alcohol, gambling, and even pharmaceuticals.

7. The Real Odds: You Won’t Win Long-Term

• Why Most People Lose
  • Travis recounts a recent interview with the author of "Lucky Devils," who highlights that even the smartest, best-resourced "pros" can barely profit from sports betting, despite massive data and algorithmic tools.
    • "They're hiring the smartest and brightest...best data on the planet...supercomputers...and they're still barely profitable. You don't have a shot." — Travis, [23:17]
• Casino & App Incentives
  • The more you lose, the better they treat you—high-rolling losers get perks, while winners get their activity restricted.
    • "It wasn't just the volume of money...it was how often they lost...It's only the people who are losing all their money." — Eric, [25:43]

8. Responsible (If Any) Gambling Advice

• Set Limits or Stay Away
  • "Just don't gamble more than you can afford to lose." — Eric, [24:12]
  • Treat betting as an entertainment expense only, never a way to make money or solve problems.
  • Casinos and betting platforms are designed to profit—most will lose, and the harm can be devastating.
• Key Takeaway: Don’t delude yourself—sports betting is not a path to wealth. Keep it fun and contained, at most.

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Notable Quotes & Memorable Moments

• On the Mirage of "Skill" in Betting
  "You don't have a shot at beating the house. You just—you don't understand, bro. I have the secret. Apparently I don't understand." — Travis and Eric, [24:03]

• On Advertising Excesses
  "I do think it's bizarre...they can not advertise things like cigarettes on TV, but online gambling is, like, so much worse. And it's still, like, all over..." — Eric, [14:39]

• On Responsible Betting
  "It's never to actually think that you're going to make real money doing it. You should never gamble with serious amounts of money that would cause you financial strife if and when you lose." — Travis, [24:17]

• On the Addiction Trap
  "It's so dangerous, man. And it's that, you know, slippery slope cliche that ends up being really true in a lot of these instances." — Eric, [26:25]

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Timestamps for Important Segments

• [03:25] — Why living in Vegas is only for non-gamblers
• [07:38] — Startling teen gambling statistics, peer influence, and early addiction
• [12:17] — National stats: Just how many Americans are betting online?
• [14:39] — Irony of advertising bans (cigarettes vs. gambling) and the deluge of betting ads
• [18:33] — Parody break: What UFC viewers see in ad breaks (gambling saturation)
• [23:17] — Pro gamblers and the myth of "beating the house"
• [24:12] — Crystal-clear advice: Only gamble what you can afford to lose
• [25:43] — How betting platforms incentivize losers and restrict winners
• [27:06] — The hosts reveal their biggest wins/losses and muse about stories of huge jackpots

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Conclusion & Final Advice

The episode wraps up with both hosts reaffirming that sports betting is not a practical way to build wealth—in fact, it often destroys it. They urge listeners, especially younger ones, to budget realistically for gambling if they must do it, regard it as entertainment, never as income, and to fiercely guard against the "slippery slope."

Travis's closing reminder (28:15):
"Money only solves your money problems, but it’s easier to solve the rest of your problems with money in the bank. So let’s start there... One way to keep your money in the bank is to not gamble it on sports betting apps."

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Summary for Listeners Who Haven’t Tuned In:
This episode offers a lively, relatable blend of personal experience, tough facts, pop culture critique, and actionable advice. The message is clear: you can’t make real money betting on sports—and you risk much more than you think. Instead, keep your focus on actual wealth-building strategies, and don’t let the illusion of easy wins cloud your judgment or drain your finances.

Transcript

[A]

I was recently on whatnot the other day, just shopping around, looking frankly, because I was just blown away that this is something that people are doing with their time. And so I was like, I got to go see if this thing is real before I talk about it on the show. And so I'm browsing whatnot, looking around, finding things, and it's crazy to see the volume of people that are just having fun in the chat. They're watching people do live shopping. It's like, it's like, you know, QVC directly on your phone. It's something you need to try, I'm telling you. Not just buying, but the selling piece too, where these people are just starting up pop up shops and businesses, selling whatever product, finding their people, building community, getting repeat customers that come back to see your face as the seller. Not just a logo or a brand, anyone can sell. Whether your business is big, small, or yet to exist, people selling on whatnot sell 10 times more than on any other major marketplaces. And that's because you're not just listing products, you're building real connections with buyers across whatnot. The number of sellers making over $1 million a year has now doubled. The consistency pays off for those sellers. It's not just side hustle, it's a real path to building something that lasts. Because whatnot buyers spend more than an hour a day in the app, they're not just browsing around, they're engaged, they're buying, they're coming back. You go live, show off your products in real time and turn what you love into real income. So search whatnot whnot in the app store, download it today and get started selling right away. You're listening to the Travis Makes Money

[B]

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[A]

Just go to gohighlevel.com travis. What's going on, everybody?

[B]

Welcome back to the Travis makes Money podcast where it's our mission to help you make more money on this episode of the show. My producer Eric is in studio. What's up, man?

[C]

Can you know what makes great audio for podcasts is when you got a freaking Rubik's cube. Stop. And you're messing with it by the mic.

[B]

Yeah, but it's not crazy loud.

[C]

Yes, it is.

[B]

Okay, can you guys hear this?

[C]

You're not doing right now. Look, this is what you're doing.

[B]

No, I'm not going to give you

[C]

second take of the. No, I won't no, no, no. Just hold me. Do two.

[B]

You're going to mess it up.

[C]

I know. I could do these in six seconds.

[B]

No, you can't.

[C]

Yes, I can.

[B]

You can't do it.

[C]

I watched Pursuit of Happiness three times.

[B]

You can't even do it anyway.

[C]

No, this is literally what you're doing on the first take. Hey guys, welcome back to the show. Hey.

[B]

You messed it up. I knew you were going to do that.

[C]

I didn't even spit it all on the one side. I had an almost completed, almost complete white side first.

[B]

God, you're such a douche.

[C]

Okay, anyway, look, you.

[B]

You messed it up.

[C]

Well, look, we're not here to play games because there's too many people that are just busy playing games and it's costing them big time. How about that? So I wanted to talk to you a little bit about sports betting.

[B]

Oh, okay.

[C]

We haven't. We actually, I don't think have we. We don't have action. We have not actually talked about that on the show.

[B]

Yeah, I don't think we've covered it together, but for some reason it's been a topic of discussion a couple of times.

[C]

I think it's because people are losing everything and their families are having to cut them off and people are very depressed.

[B]

Yeah, that's probably true.

[C]

You know what? I gotta say, one of the best things about me living in Las Vegas is, is that I don't gamble.

[B]

You mean you're saying that, that, that

[C]

is a good cause. People that struggle with gambling.

[B]

Oh, right, right, right.

[C]

I don't understand how they live here.

[B]

They shouldn't, I guess they don't for long. Put yourself in an environment where the vice is less accessible. You shouldn't move to Vegas if you have a gambling problem.

[C]

Because my, my brother in law comes down, I'm like, you'd be on the streets tomorrow.

[B]

Like me is he bets on sports.

[C]

Oh, he does that too. But he. No, he likes playing the table games. He likes anything where you put money in and there's a low chance of getting any money back.

[B]

Nice.

[C]

I like playing. What's that one? The. The roulette. I like doing that because it's like 50 cent bets and I can smoke a cigar and just do black every time. You can smoke a cigar at the roulette table. Not the one where they actually do it. The automated one.

[B]

Oh, okay.

[C]

That's my biggest beef with most. I said with most casinos now is like the rules about cigars are so arbitrary.

[B]

Yeah, that's just like, it's like they condemn you to certain parts of the casino, but then somebody lights up a cigarette, like, right next to your face at the blackjack.

[C]

I don't know if it's like, an ash thing.

[B]

Yeah.

[C]

I'm not sure, but to me, it. It smells better than cigarettes.

[A]

Agreed.

[C]

And I'd rather sit next to cigar. They should at least have a cigar section.

[B]

Yeah.

[C]

I don't know tables for cigar smoking.

[B]

So nice to smoke a cigar while playing blackjack. I would love to do that.

[C]

Yeah.

[B]

But instead, I'm condemned to nicotine pouches.

[C]

Yeah, that's very sad for you, but sports betting? You can smoke a cigar while you lose millions of dollars betting on anything you want. Conor McGregor winning.

[A]

Yeah.

[B]

You know, that was insane. That was a bummer for fight fans.

[C]

Yeah.

[B]

It would suck to have paid, like, three grand for good tickets to that event. Although the other fights were good, so I guess not complete waste. But if you show up to the main event only.

[C]

Yeah.

[B]

30 seconds later, you're walking out. It's pretty frustrating.

[C]

I was just sitting here doing this podcast, and I felt something licked my fingers, and I thought it was you. And I was like, why? I was like, why are you. I thought you had, like, a weird venom tongue or something. And I was like, why are you doing that? And then I realized your dog came in the. In the room. Okay, that's different. Hey, you know what makes great background noise as we intro the topic?

[B]

Yes. You couldn't even hear it.

[C]

I can hear it. That's why I'm addressing it.

[B]

You can hear it in the.

[C]

It literally sounds like you're an action figure and you're half out of the packaging.

[B]

Well, bad news. Joanna did, like, six episodes like that today.

[C]

Put that down.

[B]

The thing is, I have to fidget with something while I'm recording, or else I'll start tweaking my beard and messing it up. So I have to have something.

[C]

All right. Anyway, anyway, so the Boston Globe just put out an article that says that high schoolers are placing sports bets online.

[A]

How?

[C]

Illegally?

[B]

I mean, I guess that's the only way to do it.

[C]

I mean. Yeah. So I'm going to give you step by step of how if you are underage, this is how you can gamble online.

[B]

Well, I met one guy on my show recently who said that illegal and unregulated gambling is a $5.9 trillion industry annually, which puts it as the third largest in the world, behind the United States and China as countries.

[C]

It's crazy to me how many people are open to doing Illegal things. Yeah, because I was, I was talking actually to my barber today about this because they were saying, they were talking about being in high school and they said they got caught one time smoking weed, like in skipping class and smoking weed. And I was like, the terror I would have felt at the notion of skipping class to do anything. To do anything, but also to be smoking weed is like, crazy. And I feel the same way when I hear like, multiple billions of dollars in illegal betting.

[B]

Dude.

[C]

When I'd be terrified to put 20 bucks in and be like, oh, I just broke the law.

[B]

Can you imagine going back to class high?

[C]

No.

[B]

Like, that would be a terrifying experience, I think, like, skipping class to go smoke weed's crazy, but then also going back to the classroom where you're in school.

[C]

It's so evident. Yeah, it's so evident. But anyway, so it's becoming a big issue even with young ages, addiction's growing. And right now, here's some stats about sports betting. You ready? Okay. So at a March. During a March 2024 survey of Redwood High School, 74% of boys have placed a sports bet on an online platform despite being underage.

[B]

74%?

[C]

Yep. I mean, this could just be indicative of Redwood High School, the school where they did it. A Common Sense Media survey reported 36% of boys ages 11 to 17 gambled in the last year. That's from NPR reported that another Common Sense media report says sports related gambling is highest among adolescent boys whose friends gamble. Showing peer influence matters. A youth gambling fact sheet says 10.3% of youth under 18 have gambled online in the past 12 months. And the same fact sheet says young people 25 and under are more likely to meet problem gambling criteria when they engage in online sports betting. That's stuff like chasing bets and like, you know, all the bad, bad behaviors that you can do. So that's teenagers. Did you, were you a big gambler in high school?

[B]

Yeah, you know me.

[C]

Did you ever. When's the first time you ever bet money on something?

[B]

The first time that we ever gambled was I. We were in Laughlin and. And it was a family houseboat trip to the, to Lake Mojave out there. And I was 20, so I couldn't actually place bets. But Jackie was 21 and we had just gotten engaged, so we were at the casino.

[C]

What a cradle robber. I always forget that.

[B]

I know. But yeah, so she, she didn't know how to play poker. I at least knew the rules of poker. So we were playing video poker. My grandpa gave us like 20 bucks or something to put in the video poker machine. And then beginner's luck. We won 200 bucks, four of a kind, and then cashed out and gave him the money back. And we're like, gambling is awesome.

[C]

This worked out really well this time.

[B]

Yeah. But yeah, I couldn't actually press the buttons and she didn't know how to play poker, so I just told her what to do. She pressed all the buttons.

[C]

You're just in a back room and she had an earpiece. Yeah, I don't. I was gonna. I was gonna pretend I was you giving instructions, but I don't know enough about poker. Flip a king over there.

[B]

Yeah, that's exactly what I said. No, but we, like, I knew how to play poker because growing up, it was definitely frowned upon by some of the other people in the church, in the community and stuff, but we just play with my family. My family would come over and we'd play like $5 poker.

[C]

Your family was chill like that?

[D]

Yeah.

[C]

At Pfizer, we are committed to listening to and learning from patients and their care teams so that we can work to help address their unmet needs. From early discovery to clinical trials through approval and use of our medicines. Patients are at the heart of everything we do. Learn [e-mail]. My family, I remember one time my brother had a cell phone. Have you heard of those? And it was back when they came with four little rinky dink games like that Caterpillar one that eats stuff. And then it had solitaire. And I remember one time my dad got mad at my brother for playing solitaire because it look gambling. He's like. He's like, it's the appearance. It looks like we weren't allowed to use playing cards because, like, even if you're playing like go fish or something, it was like, oh, it looks like gambling.

[B]

I had a couple friends that were like that too.

[C]

It's just funny. Don't say where it was, though. We don't want to ruin the goodwill.

[B]

It's funny because there's different. Different families in that world are like, just strict on some things and not strict on other things.

[C]

Yeah.

[B]

But, yeah, so we. We played poker. My grandpa taught me to play blackjack when I was like 14 or something.

[C]

Wow.

[B]

But I never played until I was legal.

[C]

Well, now you're a degenerate and you gamble all the time. But let me read you some sports.

[B]

Gambled on the cruise a bunch. That was fun.

[C]

Really?

[B]

Yeah.

[C]

Imagine. I don't know. Nevermind. I Had a visual in my head, but it's not funny. It's just dark. Honestly, I was just gonna say, imagine you lose all your money gambling. You just jump overboard. But I'm sure that happens, and I don't wanna be disrespectful to people's experience.

[B]

Does it happen? I'm not sure that's happened.

[C]

How many? Did all your family come back? Did you guys do a head count? Your grandpa's like, it's the last cruise. Blackjack. Cammy just hit a whammy right off the deck. That was pretty good.

[B]

That was pretty good. It's a. It's a deep cut because you'd have to.

[C]

It'd be funny.

[B]

My cousin's name is Cammy.

[C]

Well, I was going to say it'd be funny if she ever got hit by a car.

[B]

Well, that would be funny.

[C]

Imagine the obituary. I'm sure they wouldn't put the Instagram handle.

[B]

Yeah, probably not.

[C]

But anyway, her handles. I can picture a New York Post article that says, cammy Whammy gets whammied by SUV in the crosswalk Travis was driving. Very sad story. Anyway, here's some stats. We're coming in hot today. Here's some stats about online betting for the adults, for the gents over Here and Gentets. 27% of Americans have an active online sports betting account. That's lower than I thought.

[B]

27.

[C]

Ha ha. 27. Did you eat something hot a second ago? This lasagna is good, Mom. 27. Coke Zero is 27% of Americans. I should have asked you because I would have guessed at least 50%.

[B]

I would have guessed higher than that.

[C]

It's up.

[B]

But it's also probably mostly dudes.

[C]

Yeah. 27% of Americans have an active online sports betting account. In 2024, only 19%. So it's growing very quickly.

[B]

Yeah, well, they literally. I mean, they buy so many ads, it's crazy.

[C]

Yeah. And that's active. So 33% have opened up an account at least once and then lost it and shut down the account and never went back. 60% of bettors say they have chased a bet that's concerning. I double check to make sure that's what this means, because I'm not a degenerate gambler. Basically means you lose your money, you place another bet to win your money back.

[A]

Yeah.

[B]

You just got to get back to even.

[C]

Yeah. There's no losers, only quitters. 63% of bettors say they have bet at least $100 in one day. 31% say someone has expressed concern about their usage. 43% say they have felt bad or ashamed after losing a bet. 74% say online sports betting by people as young as 18 is a serious issue. 53% oppose betting ads during live TV. 56% say online sports betting will corrupt organized sports. 67% want the federal government to aggressively regulate it to protect customers from compulsive gambling. There's some stats. Let's work backwards on this.

[D]

Yeah.

[C]

Do you think the government should aggressively regulate online gambling, or do you think people. Mr. Jocko willink over here. Do you think people should just control themselves?

[B]

Well, the thing is, even if they did, like, they already have a good amount of regulation and illegal gambling. Illegal gambling is still higher than legal gambling is right now. Even in groups. Even in groups that can gamble legally online, they. The user activity is still greater on illegal gambling. So I'm not sure government regulation is going to solve the problem. The only thing that I would say about that is maybe it would do that for, like, if they did something about the advertising.

[C]

Yeah.

[B]

Like, the volume of advertising that they can do that might make people a little bit less aware of it.

[E]

Bizarre.

[B]

Like, people are. My point is, like, people are going to gamble. That's as old as time. They're going to gamble.

[C]

I do think it's bizarre that. That they can not advertise things like cigarettes on tv. Yeah. But online gambling. Gambling. Online gambling is, like, so much worse. The online gambling is so much worse. Yeah. And it's still, like, all over all these different.

[B]

Yeah, it's all over everything. Like, every ESPN show you watch is DraftKings or prize picks or. Did you see the FanDuel?

[C]

I reposted this the other day. It was every ad you see during the ufc. Did you see that?

[B]

No.

[C]

Okay, we got it. I got it. I got to show you this. This is so funny. But, yeah, the fact that, like, it's literally now, like, place your bets.

[B]

Right.

[C]

The fight's starting right now. And it's like, I thought that was illegal for a while.

[B]

Because they can advertise on social, too, right?

[C]

Yeah, I don't think there's really any. Because, I mean, there's that one company, Stake, that's, like, super sketchy, and they sponsor tons of streamers and, like, all these clipping accounts that just have stake.

[B]

Well, sponsoring streamers and influencers.

[C]

YouTube is different against the code there.

[B]

Yeah.

[C]

Because that's why Steve will do. It's not allowed to show himself on

[B]

YouTube because even when we've talked about like starting a cigar company. It's like, that's one of the things that you have to think about is if you're going to get into that space, you can't advertise on any social platform.

[C]

That's so dumb.

[B]

But you. You can do influencers and. And you can sponsor, you know, people who have followings and smoke cigars and stuff. But, yeah, I think. I think gambling, they can advertise with free reigns. But, yeah, that's my. That's my only thought about, like, government regulation in that world is that you're not going to be able to regulate to the degree where you're going to change the behavior of people. People are still going to seek it out. They're still going to find ways to do it. If, even if. If online gambling became illegal tomorrow and all of the legitimate companies had to close their doors, that would do nothing. Like, it would take, like, a week to recover, and then everybody would just be like, all right, where's all the illegal places? In which case it's sketchier. It's. There's no regulation. Like, they don't even have to. There's. They don't even have to pay out the things that they say that they pay out.

[C]

Right.

[B]

I mean, like, it gets sketchier and sketchier the more regulation comes into it. But I think there could be something around advertising, though, because I feel the same way about pharmaceutical companies advertising on live television. It's like there's. There's just, you know, if we're only one of two countries in the world that allows that, that might be an indicator that.

[C]

What about. What about bruskies? What about beer advertising?

[B]

Yeah, I guess that's. I guess that's sort of the question, though, right?

[C]

Is how far do you go?

[B]

Yeah, exactly.

[C]

I'm not. No, seriously. No, tell me.

[B]

I don't know.

[C]

How far do we go?

[B]

I don't know. It's a good question, dude.

[C]

Where is this?

[B]

It'd be hard for these networks to turn down those sponsorship dollars, though, because those people know the money is going to come back to them.

[C]

Yeah, that's true.

[B]

The, the concerning thing is this younger demographic.

[C]

Yeah.

[B]

Who are, like, getting used to it.

[C]

You know what? We should ban them from social media and television. How about that?

[B]

Yeah, it's pretty wild.

[C]

Oh, here it is. So this is. There's a reel from Nick Yapp's Daily, and it's called. It's a. It's. It says literally all the ads the UFC runs. And it's very good, believe me.

[B]

Believe me. Well, so far that's the only option I have.

[D]

If you want to watch a stupid cowboy show that's a spin off of a stupid cowboy show, you're not sold. Okay, what about a stupid cowboy show that's a spin off of a spin off of the stupid cowboy show? Oh, it's me. Big extra plug. Hey, have you ever, like, I don't know, thought about joining the army? Because in the grand scheme of things, we're kind of the good guys, you know? Guys, Abe Lincoln would drive a RAM if he was still alive today. Plus, if you don't drive one, you're gay. Listen, if you just put $10 on this part parlay, you could win a million bucks. You won't, but you could. Hey, do you want to watch a stupid cow?

[C]

That's what it all comes down to, right? Well, basically what you could.

[B]

Paramount just owns all of UFC advertising, so they do, they plug all of their own shows, which are basically 90 cowboy.

[C]

Oh, say it the way you were gonna say it, that's more diplomatic.

[B]

All I said was it's all Taylor Sheridan.

[C]

Stupid cowboy show. You like all those shows, don't you?

[B]

Yeah, well, Yellowstone lost my interest at the end, but yeah, I thought Landman was good.

[A]

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[C]

that's good.

[B]

I thought Lioness was good too.

[C]

That was Nicole Goodman.

[B]

No. Yes.

[C]

I almost watched that one.

[E]

Yeah.

[B]

Her and.

[C]

But that's one of my favorite genres is Nicole Kidman movies.

[B]

I'm blanking on her name. She's like the top.

[C]

Zoe Saldana.

[B]

Yes, Zoe Saldana.

[C]

She is the top grossing movie star of all time.

[B]

Of all time. Yeah.

[C]

Or movie starlet, I think. Maybe.

[B]

Actually, I think Scarlett Johansson took number one after Jurassic World came out.

[C]

That was a good movie, actually.

[B]

Yeah. The newest one.

[C]

Yeah. Scarlett Johansson. Okay. The number one of all time is Adam Sandler.

[B]

Really?

[C]

But the number one lady is Scarlett Johansson. I don't think this is right.

[B]

That doesn't sound right.

[C]

This is not right. Zoe Saldana is number one of all time. Yeah. What the heck? For all time box office earnings. That's what it is. All time box office earnings, not how much they personally made.

[B]

Oh, I see.

[A]

Yeah.

[C]

How much they personally made. It's Adam Sandler, then Tom Cruise, then Mark Wahlberg, then Scarlett Johansson. In terms of box office. Zoe Saldana. Saldana, I think, is how you say it, 15.47 billion. Scott Johansson. A meager 15.4 billion.

[B]

Yeah, that's what happens when you have Avengers and Avatar on your resume.

[C]

That'll do it. So still Continuing through here. So government regulation aside, what would your message be to all the youngsters out there who think it would just be, I'll just be one of the cool kids and I'll gamble away my money?

[B]

Yeah, you shouldn't do it.

[C]

Okay, thank you. Hey, that's it for today's episode, huh?

[B]

And under a certain age, like, it's just so damaging to your psyche, and there's just such a teeny, teeny, teeny tiny volume of people that will ever do it successfully.

[C]

Yeah.

[B]

And there are people, but we're talking about hundreds of people of the tens of millions who do it. Maybe hundreds of millions who do it. You know, there was a. I just had a guy on the show recently who wrote a book, Lucky Devils.

[C]

Okay.

[B]

And he's journalist, a Bloomberg journalist, and he wrote this book because he basically went to these sort of powerhouse gambling institutions who have insane volumes of data and money to play with and are actually somewhat profitable in their gambling endeavors. But we were just talking about how low the odds are because this is. These people are hiring the smartest and brightest kids out of the best universities. They have access to the best data on the planet. They have supercomputers running algorithms to determine odds and make betting analyses and things like that, and they're still barely profitable. You know what I'm saying? Like, you don't have a shot at beating the house. You just.

[C]

You don't understand.

[B]

It's against you.

[C]

You don't understand, bro.

[B]

I know.

[C]

I have the secret.

[B]

Apparently. I don't understand. Yeah, it's just so. It's so dangerous. My. My overall advice on gambling in general.

[C]

Here we go. Is just don't. Don't gamble more than you can afford to lose.

[B]

Yeah.

[C]

Just.

[B]

It's. It's the same as you would budget for, like, going and getting beers with your friends. It's just like, this is play money. It's. It's never to actually think that you're going to make real money doing it. You should never gamble with serious amounts of money that would cause you financial strife if and when you lose. Just set the budget. Use it for a night out at the casino or use it for. This is my monthly budget to have fun on sports games. You know what I mean? Because, you know, it can be fun just to throw a little bit of money at something just to have some stakes and something that you don't normally care about, but everybody's gonna watch. And so you're just like, oh, you know, the World cup is on right now. May you're not a massive soccer fan, but you have some friends that are, and they're over watching games and stuff. And you're gonna put five bucks on this team just for make. Just to make you go like, oh, now I'm. Now I'm invested in Argentina winning because I have five bucks on them. But yeah, the. The volume of people that do it to a detrimental degree is pretty insane. And the companies will treat you better the more you lose. You know, I saw this one story recently. This guy's lost, like. Like, ruined his life basically with online gambling. But he has his own, like, VIP concierge. I think it might have been DraftKings. It was one of the big ones.

[C]

Yeah.

[B]

Like, flew him out to the super bowl and gave him a suite and all this other. All these other perks and his own concierge person that helps him with these things or whatever. But it wasn't. What was interesting is that the story that I saw uncovered that they did not do that for just people who spent big on the platform because the dudes lost like $15 million, $17 million.

[C]

Could have just bought a successful guy.

[B]

Exactly. Like, he's. He was a very successful. And then started gambling a little bit, sold his business to gamble more, got a second, third mortgage on the house to gamble more. Like, literally lost everything. But what was interesting was that it wasn't just the volume of money that people played with that got them all these extra perks. It was how often they lost. So the people that are actually doing some winning on these platforms, they throttle the usage. They don't treat them like VIPs. It's only the people who are losing all their money.

[C]

It's almost like a reverse risk profile where it's like, this guy's definitely going to keep losing money.

[B]

Right. Which casinos do that too, to some degree. But, you know, it's just. It's so dangerous, man. And it's that, you know, slippery slope cliche that ends up being really true in a lot of these instances. And the younger you get into it, the more susceptible you are to making really bad and dumb decisions. And then it's going to turn into something that you. It's going to start becoming a vice instead of something that's just fun to mess with your friends and whatever on the weekends. So just be really, really cautious and very careful about what you do with when you're gambling money.

[C]

As we close out here, what's the most you've ever lost in one sitting? And what's the most you ever Won in one sitting.

[B]

Not much. Like a thousand bucks both ways.

[C]

Both ways? Yeah.

[B]

I've lost a thousand, and I've won, like, 1200 or something like that.

[C]

Have you seen the. There's a guy that did a YouTube video, and he played. I forget if he played slots, but he played at every casino in Vegas. Like, he did, like, a crawl through. And so I think he bet. I forget what it was, if it was slots or something, but he basically, like, just kept going up and then down and then up and then down. I think he ended up breaking even at the end of the night, but we should do that.

[B]

Actually, somebody on the cruise, my uncle and cousin, were playing this little poker tournament that they were doing, and so I went and watched him for a second. And I was walking back to my room, I heard some noise at a slot machine and looked over, and some dude won a $62,000 jackpot on the cruise. I was like, that's a good day.

[C]

That would be a great movie.

[B]

Immediately go back and book another cruise.

[C]

If someone. If someone won a bunch of money on a cruise and someone wants to rob them and they have to do it before the cruise docs, there's a movie there.

[B]

That would be a good movie, but

[C]

forget I said that if you're listening anyway. All right, well, that's it for today's episode.

[B]

Remember, money only solves your money problems, but it's easier to solve the rest of your problems with money in the bank. So let's start there. Here on the Travis Makes Money podcast. One way to keep your money in the bank is to not gamble it on sports betting apps. So that's it for this show. Catch you guys next time. Peace.

[E]

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