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If you��re old enough to gamble online, you probably already know that risks are involved. Gambling is not the answer if you are having trouble paying your bills. Finding ways to make more money and invest it wisely is better.
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California��s legalized sports betting has two propositions on the ballot. Proposition 26 will allow only casinos and four race tracks owned by Native American tribes to allow in-person gambling. Native American tribes, who currently have the sole legal rights for gambling in California, are financially backing this proposition. Proposition 27 would legalize mobile sports betting statewide and has funding from sportsbook companies including DraftKings and FanDuel as well as Major League Baseball. A third group is opposed to any legalizing sports betting.
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��Bill�� remembers a night last June when he and some friends were at the Ocean Drive bar in Sea Isle, watching a UFC card. One of the fighters, Mateusz Gamrot, was getting clobbered, but Bill and his pals still put $50 each on him to win at plus-225 (a relative long shot) mid-bout, despite ��knowing absolutely nothing about anybody involved.�� When Gamrot rallied and actually won the fight by decision, their bets paid off $162.50.
The widespread legalization of sports betting has created a new revenue stream for many state governments, but it has also raised concerns about gambling addiction and other societal harms.