The Journal-News turned to Mike Fry, professor of operations, enterprise analytics and knowledge techniques at the University of Cincinnati’s Lindner College of Business to interrupt down the rise and the dangers of sports betting.
“It totally changed how fans follow games,” Fry stated. “It drove interest from watching ‘your team’ to watching dozens of players from dozens of games. You can really make any game interesting — it’s very much about the individual.”
Today, followers can place proposition bets, or prop bets, on particular gamers’ stats — what number of yards they are going to run, what number of touchdowns they are going to rating — all on their cellphone whereas sitting on the sofa.
And it’s not simply followers putting hyper-specific bets. People concerned in video games can throw in wagers, too. “As prop bets become more and more specific, it’s easier for people even peripherally involved in the game to influence the outcome of these bets,” Fry stated. “And it’s becoming a bigger and bigger problem.”
Fry advised the Journal-News that the development of legalized markets since the federal ban lifted in 2018 has been a serious catalyst behind the accessibility of immediately’s sports betting.
“It’s growing so fast. We’re still in a very reactive mode,” Fry defined. “It’s difficult because each state is making their own rules.” He additionally warned of the addictive nature of gambling and the hurt it could trigger people.
Read the full Journal-News story.
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