{"id":134429,"date":"2022-12-07T06:00:18","date_gmt":"2022-12-07T11:00:18","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=134429"},"modified":"2022-12-05T16:01:22","modified_gmt":"2022-12-05T21:01:22","slug":"state-u-wants-you-r-bets","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=134429","title":{"rendered":"State U wants YOU…r bets"},"content":{"rendered":"

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According to the New York Times, multiple US universities have partnered with on-line sports betting companies and at least a dozen\u00a0 have signed deals with brick-and-mortar casinos.<\/p>\n

The National Council on Problem Gambling (NCPG) says researchers estimate about three-quarters of college students gambled in the past year, and 6% have a gambling problem.<\/p>\n

In 2018, the Supreme Court overturned a decision that limited sports betting to Nevada \u2014 and now 31 states and Washington, D.C. have legalized online or in-person betting, while five more have passed laws that will allow for it in the future.<\/div>\n
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The relaxation in rules has apparently extended over to higher education institutions as well of late \u2014 online betting company Caesars Sportsbook struck a whopping $8.4 million dollar deal with Michigan State University last year, reports The New York Times.<\/p>\n

And the University of Colorado Boulder reportedly collects $30 every time someone uses the university\u2019s promotional code to download the PointsBet gambling app and starts betting.<\/p>\n

Whyte has also said that his organization believes the growth of online gambling, including sports betting, has exacerbated the severity and rate of gambling problems, citing a 45% increase in gambling hotline calls and a 100% increase in text and chat communications in the first year after the Supreme Court decision.<\/p>\n<\/div>\n<\/div>\n<\/blockquote>\n

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Yahoo News\u00a0\u00a0<\/a>Sorry, the Times is behind a paywall so I had to reference Dave Ramsey’s rant on the subject.<\/p>\n<\/div>\n<\/div>\n

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Sports betting apps are trying to become more of a mainstay on college campuses than Jimmy John\u2019s, raising fears that students will be more focused on Michigan +200 than Econ 200.<\/p>\n

Apps have made inroads. At least seven schools, including LSU, the University of Maryland, and the University of Colorado, have inked ad deals with sports betting companies, Bloomberg reported<\/a>. At LSU, the athletic department has even sent emails to students pushing sports wagering (subject line: \u201c$300 in Free Bets Await\u201d).<\/p>\n<\/blockquote>\n<\/div>\n

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Morning Brew<\/a><\/p>\n

Yeah, just what young financially dumb kids need: “Well, we raised tuitions sky high. And screwed them with student loan terms only Shylock could love. Isn’t there another anvil we can throw a drowning teenager?” They don’t have PV2s and off-base car lots, so…<\/p>\n

Now I know I am old…I remember when going to college meant studies came first and tuitions were affordable.<\/p>\n

Most ironically, from the NCAA about this $11,000,000,000 business:\u00a0 “The NCAA opposes all forms of legal and illegal sports wagering<\/em> on college sports<\/em>.”\u00a0\u00a0\u00a0 Wanna bet?<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to the New York Times, multiple US universities have partnered with on-line sports betting companies … State U wants YOU…r bets<\/span>Read more<\/a><\/p>\n","protected":false},"author":668,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209,442,145],"tags":[],"class_list":["post-134429","post","type-post","status-publish","format-standard","hentry","category-teh-stoopid","category-america","category-schools"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/134429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/668"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=134429"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/134429\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}