Speaker 1: You're listening to Comedy Central, from.
Speaker 2: The most trusted journalists at Comedy Central is America's only
Speaker 2: sorts for news.
Speaker 3: This is the Daily Show with.
Speaker 4: Your host Michael custom.
Speaker 1: Welcome and a daily show.
Speaker 3: I'm Michael Costa. We have so much to.
Speaker 5: Talk about tonight because one simple, eleven hundred page piece
Speaker 5: of legislation is tearing America's favorite friendship apart. So let's
Speaker 5: get right into it with our ongoing coverage of the
Speaker 5: big beautiful Bill.
Speaker 3: Oh I sleep with that rapper I considered. For a
Speaker 3: few days now.
Speaker 5: There's been a simmering tension between Donald Trump and Elon Musk,
Speaker 5: the leader of the free world and the breeder of
Speaker 5: the free world. But today the conflict has escalated into
Speaker 5: a full blown world war douche breaking news, a very
Speaker 5: public breakup between the richest man in the world, Elon Muskin,
Speaker 5: arguably the most powerful man, President Donald Trump.
Speaker 6: A fascinating and blistering war of words.
Speaker 7: It is getting messier, literally by the minute.
Speaker 3: Well, it's crashing and burning right now. The romance is over.
Speaker 3: Oh my god, I can't believe it. The thing that
Speaker 3: was always going to happen is now happening. And you
Speaker 3: get to be.
Speaker 1: A part of it.
Speaker 5: I thought these two billionaires with the world's biggest egos
Speaker 5: would work it out amicably. All right, let's take a
Speaker 5: step back and figure out how this completely predictable thing
Speaker 5: predictably unfolded. After Elon stepped away from the White House
Speaker 5: a few days ago, he started to express some constructive
Speaker 5: criticism about Trump's so called big beautiful bill, that it
Speaker 5: drastically increases the deficit, which clearly undercuts all the hard
Speaker 5: patriotic work Elon has done, gutting funding for cancer research
Speaker 5: and starving children. And at first it was just quiet complaining.
Speaker 5: But yesterday Elon took his campaign up a nuch.
Speaker 8: Elon Musk, who just yesterday called it an abomination, and
Speaker 8: doubled down on that today. In a string a posts,
Speaker 8: one reads, a new spending bill should be drafted that
Speaker 8: doesn't massively grow the deficit and increase the debt ceiling
Speaker 8: by five trillion dollars. In another, he writes, call your senator,
Speaker 8: call your congressman. Bankrupting America is not okay.
Speaker 4: Kill the bill.
Speaker 8: Another simply shows a movie poster for the Quentin Tarantino
Speaker 8: movie Killed Bill.
Speaker 5: Right, Kill Bill, I guess Elon is a fan of
Speaker 5: Tarantino movies, although not the one where all the Nazis
Speaker 5: diet the end.
Speaker 3: That one makes him sad.
Speaker 5: Now, Trump had been uncharacteristically reserved about his good friend
Speaker 5: turning against his bill, and even today when he was
Speaker 5: asked about it, you could tell that he was treading lightly.
Speaker 9: I've always liked Elon, and that's oars very surprised.
Speaker 1: Elon and I had a great relationship.
Speaker 3: I don't know well anymore.
Speaker 9: I was surprised, but I'm very disappointed in Elon.
Speaker 5: I've helped Elon a lot. Yeah, yeah, I mean, this
Speaker 5: is just like when your mom catches you jerking off
Speaker 5: to her JC catalog.
Speaker 3: Trump's not mad, but he is disappointed.
Speaker 5: But this was an interesting response because for every other
Speaker 5: ex staffer who speaks out against Trump, he's like this loser,
Speaker 5: piece of shit, low life dirt bag. I wish I'd
Speaker 5: fired him sooner and his wife. But when it came
Speaker 5: to Elon, he was more subdued. And I think that's
Speaker 5: because Trump could tell that deep down inside, Elon has
Speaker 5: four hundred billion dollars. But if Trump was hoping to
Speaker 5: handle the situation delicately, it didn't seem to work.
Speaker 10: And Elon Musk is wasting no time pushing back. He said,
Speaker 10: without me, Trump would have lost the election. Democrats would
Speaker 10: control the House, and the Republicans would be fifty one
Speaker 10: forty nine in the Senate. And we're not going to
Speaker 10: say such ingratitude.
Speaker 5: Woo, all right, woo. This isn't about policy anymore. This
Speaker 5: is getting personal. This is Elon saying I made you,
Speaker 5: and like everything else I make, I can blow you up.
Speaker 5: And by the way, Elon taking credit for winning the
Speaker 5: election is a little rude to the Democrats, isn't it.
Speaker 5: I mean, you're totally erasing all the work they did
Speaker 5: to blow the election. But those tweets triggered Trump. He
Speaker 5: doesn't mind if you criticize his policies or ideas, or
Speaker 5: family or children.
Speaker 3: He doesn't give a shit about any of that.
Speaker 5: But the one thing you cannot do is suggest that
Speaker 5: Trump didn't win something on his own. He thinks he
Speaker 5: won everything on his own, even the things he lost.
Speaker 3: So then Trump started swinging back.
Speaker 11: Let me read a little bit of what Donald Trump
Speaker 11: posted on True Social He says Elon was wearing thin.
Speaker 3: He asked him to leave.
Speaker 11: I took away his ev mandate that forced everyone to
Speaker 11: buy electric cars that nobody else wanted, that he knew
Speaker 11: for months I was going to do, and he just
Speaker 11: went crazy.
Speaker 3: That's not fair.
Speaker 5: Elon Musk didn't just go crazy. He's been crazy for
Speaker 5: a long time. And maybe he's right. What kind of
Speaker 5: idiot would be into Elon's cars?
Speaker 9: I love Tessler, not me Murr.
Speaker 3: And Trump didn't just leave it there.
Speaker 5: He also threw an a threat saying, if this African
Speaker 5: junkie wants to cut the deficit, I know where to start.
Speaker 11: And he says the easiest way to save money in
Speaker 11: our budget, billions and billions of dollars, is to terminate
Speaker 11: Elon's governmental subsidies and contracts. I was always surprised that
Speaker 11: Biden didn't do it.
Speaker 5: Oh shit, Elon's government contracts can't be worth that much,
Speaker 5: can they? Oh it's six point three billion dollars last year.
Speaker 3: Elon, you idiot, This is why you always signed a
Speaker 3: pren up.
Speaker 5: By the way, can we just point out how crazy
Speaker 5: twenty twenty five is.
Speaker 3: Most people can't afford to eat eggs anymore.
Speaker 5: Meanwhile, these two billionaires are attacking each other from different
Speaker 5: social media platforms that.
Speaker 12: They each own. Maybe we should eat the rich. But Trump,
Speaker 12: but Trump.
Speaker 5: Elon, let's calm down, all right, things are getting a
Speaker 5: little two heated at this point. We can still walk
Speaker 5: away from this. Right, Let's not say something we can
Speaker 5: never take back.
Speaker 6: Right, right, Elon must tweeting within the past one minute.
Speaker 6: Time to drop the really big bomb at real Donald
Speaker 6: Trump is in the Epstein files. That's the real reason
Speaker 6: they have not been made public. Have a nice day,
Speaker 6: DJT exclamation point.
Speaker 3: America tonight we are a nation at war.
Speaker 5: Look, it's not a big surprise that Trump might be
Speaker 5: in the Epstein files. We've seen them party together. Of
Speaker 5: course Trump is in the Epstein files. This is like saying, guys,
Speaker 5: they're aliens in the X files.
Speaker 3: Yeah, obviously.
Speaker 5: But for his own best friend slash sugar Daddy to
Speaker 5: say this is huge, Although I like that he ends
Speaker 5: it with have a nice day. I don't know if
Speaker 5: Trump is, but I sure am. But as you can imagine,
Speaker 5: this whole feud is tearing Maga world apart.
Speaker 3: Steve Bannon called for Musk to be deported.
Speaker 5: Some Musk fans called for Trump to be impeached, to
Speaker 5: which Musk replied, yes, But some more sober minds are
Speaker 5: calling for a ceasefire.
Speaker 3: Kanye West reacting to the few today posting grows please no,
Speaker 3: we love you both so much.
Speaker 5: Look, you know you've gone too far when Kanye West
Speaker 5: is saying please stop being messy on the internet.
Speaker 3: Meanwhile, some people in Maga.
Speaker 5: World are so freaked out by this breakup that they've
Speaker 5: chosen to respond in denial.
Speaker 4: I think Trump might be working in tandem with Elon
Speaker 4: here to tank his own bill in a four dy
Speaker 4: chess move.
Speaker 5: Oh, four D chs. No, at best, it's Jenga between
Speaker 5: two kids who immediately knock the tower over and start
Speaker 5: whipping blocks at each other. Now, for more on the
Speaker 5: fallout between Trump and Elon, we go Live to Washington
Speaker 5: with Grace Coole and Schmid.
Speaker 1: Grace Boy, Grace.
Speaker 5: The way these Trump and Elon fanboys are handling their
Speaker 5: breakups seems kind of sad.
Speaker 13: Actually, Michael, you're kind of sad and stupid. I've been
Speaker 13: talking to a lot of Republicans and it's obvious that
Speaker 13: Trump and Elon are playing four D chess, maybe even
Speaker 13: five D chess, and all of these d's are rock hard.
Speaker 5: But Grace, those Republicans are kidding themselves. Elon is trying
Speaker 5: to kill Donald Trump's bill.
Speaker 13: Yeah, so that they can pass an even better bill,
Speaker 13: a bill that they wrote together. Classic six D chess move.
Speaker 13: It's like Jesus, you kill him, then he comes back
Speaker 13: even more powerful with washboard abs and one of those
Speaker 13: haircuts that TikTok.
Speaker 3: Guys as Grace chrace what he talking about.
Speaker 13: It's kind of like short on the side, but super
Speaker 13: fluffy up took.
Speaker 3: No, I don't, that's not what I mean. Trump. Trump
Speaker 3: and Elon are not secretly working together.
Speaker 5: Republicans just don't want to admit that their two leaders
Speaker 5: are split over Trump's signature legislation.
Speaker 13: Yeah. Maybe maybe the bill is going to die in
Speaker 13: the Senate. Maybe Republicans can't get the support it needs.
Speaker 13: And Chuck Schumer walks out to cast the deciding vote,
Speaker 13: and then he reaches for his.
Speaker 4: Neck and he pulls his face off.
Speaker 13: It's Elon muskt a mission impossible mask.
Speaker 3: Oh shit. He votes to pass the bill.
Speaker 13: Democrats race to stop him with the Donald Trump.
Speaker 4: Fly into the room on the wing of his guitari jet.
Speaker 13: It starts karate boxing, he does his own stunts. Check
Speaker 13: out the whole franchise on Paramount plus.
Speaker 3: Grace Gray stop us.
Speaker 1: No, this is.
Speaker 3: Not an action thriller must call Trump a pedophile.
Speaker 5: Republicans have to accept that this alliance has collapsed.
Speaker 13: No, your parents are getting divorced.
Speaker 3: What Michael, imagine.
Speaker 13: A chessboard in seven dimensions?
Speaker 3: What are the seven dimensions?
Speaker 14: Time?
Speaker 13: Space, medicaid, gravity, starlink.
Speaker 3: Some grace, Grace, Grace. It just seems like they're both
Speaker 3: trying to get each other into checkmate?
Speaker 13: What is checkmate?
Speaker 3: Checkmate like chess? I'm unfamiliar, Grace.
Speaker 5: We've been talking about this the whole time.
Speaker 3: I'm more of a twist. Grace, Coole and Schmid, Everybody.
Speaker 1: When we come back, Louis Black and were joining me
Speaker 1: on the show, Don't Go Away.
Speaker 15: Checknoes, Welcome back to our show.
Speaker 5: When a news story falls through the cracks, Lewis Black
Speaker 5: catches it for a segment we call back in Black.
Speaker 14: Right now, college students across the country, you're graduating and
Speaker 14: getting ready to enter the glorious psychotic nightmare that.
Speaker 1: Is adult life.
Speaker 3: Welcome kids.
Speaker 14: You'll need two things, a posited mental attitude and a
Speaker 14: cyanide capsule in your moler.
Speaker 3: But when the shit hits the fan. But that's not.
Speaker 14: The only advice you'll need, because, thanks to AI, you
Speaker 14: newly minted graduates probably don't know shit.
Speaker 16: A growing number of college students are reportedly turning to
Speaker 16: artificial intelligence for help with their coursework. Students us IT
Speaker 16: taking notes during class, devising study guides, practicing tests, summarizing
Speaker 16: novels and textbooks, drafting their essays.
Speaker 1: How many of your peers do you think use AI?
Speaker 15: Like?
Speaker 4: Everybody?
Speaker 3: Probably like nine.
Speaker 7: Everybody that I've talked to is at least experimented with it.
Speaker 3: Are you kidding me?
Speaker 14: That's what you're experimenting with in college?
Speaker 3: Shit? Jeping tag you. You should be.
Speaker 14: Doing fun experiments like how much LSD can you take
Speaker 14: before you forget your name?
Speaker 3: Take it for me? Do a leap?
Speaker 14: And it's tragic that AI is robbing these kids of
Speaker 14: a proper college education. I mean, what are we gonna
Speaker 14: do if a student like Baron Trump isn't using his
Speaker 14: full cognitive ability. The only thing AI should be telling
Speaker 14: that Sasquatch in the suit.
Speaker 3: Is be sure, you freak.
Speaker 15: You're plucking the goddamn son.
Speaker 3: Now.
Speaker 14: It's bad enough that students are using AI to cheat
Speaker 14: on everything they're doing. What's even worse is that they're
Speaker 14: bragging about it.
Speaker 10: If you saw my video yesterday, you know I got
Speaker 10: called in my professor's office for using AI. But today's
Speaker 10: a new professor and a new exam, so we're still
Speaker 10: gonna be ripping AI for the whole test.
Speaker 3: Another exam in the bag, another one hundred again.
Speaker 17: Well, senior year of high school, we got to sign
Speaker 17: this ginormous essay that we had to do, and I
Speaker 17: was like, bro, there is no way that I'm writing this.
Speaker 17: So I copy and pasted the prompt into chat should be.
Speaker 17: He added my sources and made them write the say,
Speaker 17: and then I got an F on the assignment and
Speaker 17: then I filled the class. Oh moral of the story,
Speaker 17: You're gonna fill all your classes if you use chat GPT,
Speaker 17: So just.
Speaker 14: Don't ah, what are you doing to your eye? Can
Speaker 14: chat GBT? Please tell that woman to keep her cornea
Speaker 14: out of my face. So AI is smart enough to
Speaker 14: help the kids cheap, but not smart enough to tell
Speaker 14: him to shut the up about it. And you'd think
Speaker 14: when all these kids admitting to using AI, their professors
Speaker 14: would be furious.
Speaker 16: New recording shows a growing number of instructors using artificial
Speaker 16: intelligence tools.
Speaker 11: Professors tell The New York Times that using chat GPT saves.
Speaker 4: Time, helps ease large workloads, and serve as teaching assistants.
Speaker 3: One professor at Harvard is trying to use AI for
Speaker 3: his students and to their advantage.
Speaker 5: We recreated the way that we would teach in the
Speaker 5: classroom with the AI tutor.
Speaker 14: Come on, professors, if you replace your teaching assistant with AI.
Speaker 4: Then who you're going to leave your wife for?
Speaker 14: And if you're not using your brain as a professor,
Speaker 14: what is your job? You're basically a scarf model with
Speaker 14: a drinking problem.
Speaker 3: And Harvard professors.
Speaker 14: Using AI is extra insulting. You're the top school in
Speaker 14: the country. Why did you students even bother paying an Asian.
Speaker 3: Kid to take their SAT. So AI is.
Speaker 14: Making everyone lazy. Even school administrators are using.
Speaker 2: It all right, first glances may look like a regular
Speaker 2: old graduation ceremony, but take a closer look.
Speaker 10: Instead of a proud teacher or a dean reading off
Speaker 10: their name shaking their hands.
Speaker 11: These accomplished graduates scand a QR code on their phones,
Speaker 11: and then AI read the names.
Speaker 4: Allowed Burakuya, gomanz Ako, Alvarez.
Speaker 3: What the is this.
Speaker 14: Graduating college or boarding a plane at LaGuardia? Oh a
Speaker 14: QR code scanner? What a personal touch? Who doesn't like
Speaker 14: being treated with the same dignity as ahead of lettuce.
Speaker 3: At hold food.
Speaker 14: So there's barely anybody left who isn't even using AI,
Speaker 14: and even when they don't, they're getting punished for it.
Speaker 17: Students across the country.
Speaker 11: You've been wrongly accused of AI cheating with his scholarship
Speaker 11: on the line, an AI detection tool incorrectly flagged Joe Rivera.
Speaker 7: I get an email three days later saying, Hey, you've
Speaker 7: been flagged for plagiars of specifically chajimt and for that
Speaker 7: you need to contest us or you take a zero
Speaker 7: and you fill the class.
Speaker 17: His professor, after a closer look, confirmed he did not cheat.
Speaker 3: Suck on that.
Speaker 14: Nerd that don't teat you for trying to actually learn something.
Speaker 14: And ladies and gentlemen, that's the state of education in
Speaker 14: twenty twenty five. Students are using AI to do their work,
Speaker 14: teachers are using AI to do their work, and any
Speaker 14: students who aren't using AI are being punished.
Speaker 3: So let me put this in a way.
Speaker 14: You kids can understand.
Speaker 1: Your Michael.
Speaker 15: Good drag everybody away, come back because ABA bucom we're
Speaker 15: going on the study.
Speaker 1: Welcome back together, shuff.
Speaker 5: My guest tonight is a historian and author whose new
Speaker 5: book is called Losing Big, America's Reckless bet on Sports Gambling.
Speaker 3: Please welcome. Jonathan D.
Speaker 5: Cohen, huge fan of America's Reckless bet on sports scambling
Speaker 5: the best your book takes on modern sports betting. But
Speaker 5: before we get into that, Tonight, do you think Obie
Speaker 5: Toppin is going to get four and a half rebounds
Speaker 5: in Game one?
Speaker 4: On the end of this segment brought to you by FanDuel.
Speaker 3: Why now? Why this book? Right now?
Speaker 4: I mean, I think we're at a point of what
Speaker 4: I would call a public health crisis where young men
Speaker 4: in particular are losing more money than they can afford,
Speaker 4: and states are basically not even getting that much money
Speaker 4: for it. And the consequences are being felt again by
Speaker 4: primarily young men who are again either losing more money
Speaker 4: than they can afford or in worst cases, developing full
Speaker 4: blown gambling addictions and thoughts of suicide.
Speaker 3: How did we get here?
Speaker 5: Because America has had a long history of betting and
Speaker 5: gambling but this seems like we've taken on a whole
Speaker 5: new level.
Speaker 4: So here here we got in. So in nineteen ninety two,
Speaker 4: the sports leagues went to Congress and asked for what
Speaker 4: they get with the passage of the Professional and Amateur
Speaker 4: Sports Protection Act PASPA, which effectively which did in fact,
Speaker 4: blocked states from legalizing sports gaming. Okay, fine. And then
Speaker 4: in twenty eighteen, the Supreme Court, on the basis of
Speaker 4: states Rights, which is of course a really cool doctrine
Speaker 4: that's never caused any providence before. Yeah, on the basis
Speaker 4: of states rights basically ruled pasta unconstitutional and states are
Speaker 4: allowed to legalize sports gaming if if they want to.
Speaker 3: And then that's kind of when the floodgates opened.
Speaker 4: And so now we have thirty eight soon to be
Speaker 4: this year, thirty nine states and Washington, d C. With
Speaker 4: sports gambling, and thirty with gambling on your cell phone.
Speaker 5: Some states did it very quickly. New Jersey was given
Speaker 5: a year to manage it, and that up. It's New Jersey, right.
Speaker 5: I think Delaware did it. In your book, you said
Speaker 5: they did it in like six weeks. Jersey gets a year.
Speaker 5: They still they still can't figure it out. Talk a
Speaker 5: little bit about fantasy sports, talk a little bit about
Speaker 5: the Gateway drive, fill out your bracket, seems innocuous, seems harmless,
Speaker 5: But in some ways did that help us get here?
Speaker 4: Right, it's not gambling, but it's not not gambling. And legally,
Speaker 4: if there was this whole state's rights argument, that is
Speaker 4: what got us here. But culturally, the reason that within
Speaker 4: six weeks we have people wining up ready to bet,
Speaker 4: or wedding to bet on their phone is that you're
Speaker 4: already acclimated to leveraging predictions to make money with something
Speaker 4: like fantasy sports, or leveraging college basketball. And then not
Speaker 4: to mention, you may remember in twenty fourteen twenty fifteen,
Speaker 4: FANDUL and Draftings took off not as sports betting companies,
Speaker 4: but as daily fantasy sports companies. Right and lo and
Speaker 4: behold come the Supreme Court decision. They already had every
Speaker 4: American sports better is like social Security number, phone number,
Speaker 4: They were trusted with, credit card deposits name recognition, which
Speaker 4: is what allowed the Spreme Court decision comes down, Boom,
Speaker 4: They're multibillion dollar companies overnight.
Speaker 5: The State of Colorado says that the revenue created through gambling.
Speaker 3: Goes towards the water. The water, there's other initiatives. Is
Speaker 3: this bullshit? Is does this help me place a bet?
Speaker 5: This is for the water? Hey, I want my kids
Speaker 5: to have clean water. Let's bet that.
Speaker 4: You know who it really helps is it helps the
Speaker 4: lawmakers sleep at night because it helps them justify why
Speaker 4: they've unleashed this public health crisis in the name of
Speaker 4: tax free government revenue, which has always been sort of
Speaker 4: the bottom line for lawmakers when it comes to the
Speaker 4: expansion of gambling.
Speaker 3: But is it not going to water and helping water.
Speaker 4: It is going to water, but like it, it's not
Speaker 4: even golden goose. It's like a bronze. It's like a
Speaker 4: copper goose. It's like when you look at how much goose. Yeah,
Speaker 4: it's like how much money, how much money you sort
Speaker 4: of promised or at least is imagined by these lawmakers,
Speaker 4: and then how much actually comes in because sports betting
Speaker 4: is just such a low margin business for this date.
Speaker 5: I remember in Michigan where I'm from, the lottery would
Speaker 5: go to education. There's always these ads like buy your ticket,
Speaker 5: help the schools. And I remember I was eleven years
Speaker 5: old and I would say, maybe we should just fund
Speaker 5: the schools.
Speaker 1: Maybe I'm a hero.
Speaker 3: I'm the hero here. I'm the hero here.
Speaker 5: Maybe Colorado should just fund the money, fund the water without.
Speaker 4: But that would be too hard.
Speaker 3: It'd be too hard.
Speaker 5: Yeah, how many people are doing this as okay?
Speaker 4: So with the caveat that, Texas and California, the two
Speaker 4: most popular states, don't have legal sports betting yet. Right
Speaker 4: the esthmens are the twenty to forty percent of American
Speaker 4: adults have legally bet within the last five to seven years.
Speaker 3: Clap your hands if you've set a bet in the
Speaker 3: last year. That guy looks like he's lost a lot.
Speaker 5: One thing that I found fascinating in the book that
Speaker 5: I learned was that a small amount of gamblers actually
Speaker 5: attribute to the most amount of revenue. So most of
Speaker 5: us are gambling sixty percent or something equal.
Speaker 3: One percent of revenue. Is that good? Is that bad?
Speaker 4: It's good for the sixty percent of people who contribute
Speaker 4: one percent of revenue. It's bad for the eighty two
Speaker 4: percent of betters on the NFL who or excuse me,
Speaker 4: the three percent of betters on the NFL who about
Speaker 4: to eighty two percent of the revenue. And so some
Speaker 4: of those people sure, they're really really rich like you,
Speaker 4: and they're gambling millions of dollars because they're But a
Speaker 4: lot of the people are kind of like the guys
Speaker 4: I profile on the book, who are like gambling their
Speaker 4: rent money and are just over their skis, or they're
Speaker 4: developed an addiction of some kind and they and they
Speaker 4: should not betting as much as they are.
Speaker 5: The NFL kind of hides behind this, this is good
Speaker 5: for the fan experience. Talk a little bit about how
Speaker 5: the NFL, which was adamantly against gambling, but man, has
Speaker 5: that changed.
Speaker 4: Right, And so for decades, literally decades, the NFL used
Speaker 4: gambling as a punching bag whatever problem the NFL had.
Speaker 4: At the peak of the concussion crisis, Roger Goodell says
Speaker 4: that gambling is the number one threat to the integrity
Speaker 4: of football because of course it's not concussion.
Speaker 3: Well he may have been concussed.
Speaker 4: But it's sort of a punching baggots. You can trust
Speaker 4: our product not just because like America is football and
Speaker 4: football is America or whatever, but like because we hate
Speaker 4: gambling so much. That's why you can trust our product.
Speaker 4: And then May fourteenth, twenty eighteen, ten oh one am
Speaker 4: when sports gambling is going to be legal. Lo and behold,
Speaker 4: we need to give gambling as tight a bear hug
Speaker 4: as possible and extract every last dollar out of the
Speaker 4: gambling economy so that we can monitor it and so
Speaker 4: that we can keep our players safe and so that
Speaker 4: we can keep our game safe. Oh and we can
Speaker 4: make billions of dollars from it.
Speaker 5: I mean the ads, it's incessant, it's NonStop. What else
Speaker 5: are the apps doing to kind of ray on us
Speaker 5: or even you know what other ways is this industry
Speaker 5: attacking us?
Speaker 3: Right?
Speaker 4: So if you imagine the complaints all the time now
Speaker 4: about social media and the endless scroll for example, and
Speaker 4: these sports books apps basically mimic the endless scroll, where
Speaker 4: we when we legalize this, as in twenty eighteen, we
Speaker 4: were probably imagining, Hey, I'm gonna bet on the Knicks
Speaker 4: over or whatever. I'm probably gonna lose because it's the
Speaker 4: next but I'm gonna bet on the next over or whatever.
Speaker 4: I'm from there a lot of money, yeah, yeah, but
Speaker 4: that's normal. Okay, Like I'm gonna bet on on a
Speaker 4: team to win the game. Okay, that's normal. But these
Speaker 4: days you can bet on like Malaysian women's doubles badminton,
Speaker 4: because there's obviously a huge black market from Malaysian women's
Speaker 4: doubles Batman, and we need to get those gamblers wore
Speaker 4: gambling illegally onto our apps. So this endless stream of
Speaker 4: betting options. You can bet on like the speed of
Speaker 4: the next pitch. You're a tennis gout, you can bet
Speaker 4: on like whether the next tennis serve will be an ace.
Speaker 4: The goal is to mimic the slot machine phenomenon or
Speaker 4: the roulette wheel phenomena, where just constant action, you finish
Speaker 4: your role, okay, let's just do another one, and there's
Speaker 4: just constant constants of action rather than having to wait
Speaker 4: three hours for your beat to material.
Speaker 5: Yeah, that was something that really resonated with me from
Speaker 5: the book. It's that the gambler isn't necessarily addicted to
Speaker 5: they won or they lost. They're addicted to the action.
Speaker 5: They're addicted to the feeling of will they win or lose?
Speaker 3: And that never ends.
Speaker 5: And it also makes a really shitty basketball game exciting
Speaker 5: all of a sudden.
Speaker 4: Right, if every five minutes you can bet on, or
Speaker 4: not even every five minutes, every five seconds you can
Speaker 4: bet on something new and you can get that feeling,
Speaker 4: that dopamine hit that you got when the let wheel
Speaker 4: is fitting.
Speaker 5: I personally don't naturally provide empathy for a gambling addict.
Speaker 5: I go, come on, man, stop stop doing this. You're
Speaker 5: fucking up your life. But explain to me some of
Speaker 5: the things you say in the book about how it
Speaker 5: might not be that simple and how you call it
Speaker 5: a public health crisis.
Speaker 3: What is that.
Speaker 4: Well, maybe you go to heroin addicts and you tell
Speaker 4: them to stop too, and then it is.
Speaker 5: Some reason it's easier for me with drug and alcohol
Speaker 5: addiction to sympathize or just go like it's just one
Speaker 5: little drink. I can see how it can escalate. But
Speaker 5: some of the things you outline, I mean, the apps
Speaker 5: know when you deposit money into your bank and then
Speaker 5: they email you. I mean, it starts to really feel
Speaker 5: like it's tough to say no over and over and
Speaker 5: over again.
Speaker 4: Right, And so, just to your point your first question,
Speaker 4: the gambling actually is a lot like more more like
Speaker 4: drugs and alcohol than you think. The American Psychiatric Association
Speaker 4: has it categorized as official gambling addiction as an official
Speaker 4: addictive behavior because it is not like something like sex addiction.
Speaker 4: That's like a disorder, but it doesn't like affect your
Speaker 4: brain chemistry. Gambling it literally affects your brain chemistry and
Speaker 4: changes jopamine pathways. So someone who's addicted to gambling isn't
Speaker 4: like choosing. Can't you can't just tell them to stop.
Speaker 4: They are not choosing to gamble. They're in the same
Speaker 4: way you can be addicted to a drug. You can
Speaker 4: be like chemically addicted to gambling.
Speaker 3: But it's right on our phone, which we also use
Speaker 3: for everything.
Speaker 4: Yeah, but it states rights.
Speaker 5: Yeah, what are some of the solutions?
Speaker 3: What can we do here?
Speaker 4: So I would say there's two categories of solution.
Speaker 3: Because you're not against sports betting.
Speaker 4: Yeah, I bet on Danish handball like an hour ago.
Speaker 5: Just a well and you know one of the examples
Speaker 5: used and you really do a wonderful job of highlighting
Speaker 5: some individuals that really put themselves in difficult life problems
Speaker 5: because of gambling, one of which needs the action in
Speaker 5: the middle of the night, So starts gambling on minor
Speaker 5: league British.
Speaker 4: Darts, which you're a huge fan of.
Speaker 5: And it's funny, it's humorous until you think, no, you
Speaker 5: want action. If you're an American there's no sports happening
Speaker 5: mill the night, but there is over there, and that's
Speaker 5: it's terribly dangerous.
Speaker 4: So this is one of an easy solution, for example,
Speaker 4: get rid of these insane sports that literally only someone
Speaker 4: with a gambling addiction would ever possibly think to bet on.
Speaker 4: Right is what couple that with all sorts of other
Speaker 4: changes of the app, getting rid of the endlesscroll, getting
Speaker 4: rid of some of these live bets. Adding friction, I
Speaker 4: think when you deposit money into your account, you should
Speaker 4: have to like wait twelve to twenty four hours until
Speaker 4: you can get able with it. Of lost chasing where
Speaker 4: you lose your bet, I'm so mad, let me just
Speaker 4: put another one hundred dollars in. Oh I'm so mad.
Speaker 4: I'm gonna put two hundred dollars in, and all of
Speaker 4: a sudden, like fifteen thousand dollars later, like you wake
Speaker 4: up and you're like, what the hell just happened to me?
Speaker 4: Slow it down, yeah, friction.
Speaker 3: Slow it down. Yeah. It's a fascinating book.
Speaker 5: I think this is such an interesting topic that it's
Speaker 5: one of those things that America just does so terribly
Speaker 5: that we just accept and adopt way too quickly and
Speaker 5: then we hustle.
Speaker 3: Back to try to fix it.
Speaker 5: And your book makes a good argument that we need
Speaker 5: to start trying to fix it right now.
Speaker 4: That phenomenon that you describe needing to like of like
Speaker 4: unleashing something and then ah lo and behold, we mess
Speaker 4: it up. That was basically why I wrote the book,
Speaker 4: and that's why I think parents, for example, of young kids,
Speaker 4: like younger than you think, need to like make their
Speaker 4: kids aware of gambling and gambling addiction and that they
Speaker 4: can't have these encounters on their own. And then all
Speaker 4: of a sudden they go from video games to sports
Speaker 4: betting to some sort of gambling problem.
Speaker 3: Great, it's a great book. Thank you for being here
Speaker 3: so much. Losing Big is available now.
Speaker 1: To write back after that, Thank you so much. Yeah,
Speaker 1: not thatself. Tonight here is a moment of death.
Speaker 3: I'll be honest.
Speaker 5: I think he misses the place.
Speaker 9: I think he got out there and all of a
Speaker 9: sudden he wasn't in this beautiful oval office. He's not
Speaker 9: the first people leave my administration and they love us,
Speaker 9: and then at some point they miss it so badly,
Speaker 9: and some of them embrace it, and some of them
Speaker 9: actually become hostile.
Speaker 7: I don't know what it is.
Speaker 9: It's sort of Trump derangement syndrome, I guess they call it.
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