With the growing presence of sports betting on college campuses, some higher institutions partner with sportsbooks and sports-gambling companies. However, this concept gets criticized owing to its discrepancy with the mission of higher education, which is definitely not about talking students into risky activities that might lead to addiction. What is even worse is that some marketing campaigns get to students who are under the legal gambling age.
College sports are gaining in popularity while bookmakers try to keep up with the trend. The super bowl sportsbooks, for example, is also a way to elevate the sports college culture by attracting a new influx of bettors. The COVID-19 has a part in it, of course. Some colleges, partnering with respective sportsbooks is an opportunity to return the revenue lost during the pandemic and leverage this income for introducing new scholarships for emerging talent and research.
Risks for Students
Due to the universities’ existing partnerships with sports gambling-associated companies, there is a sense of alertness among students as there is always a risk for gambling problems. One of the concerns, according to experts, is that college students oftentimes do not have enough financial resources while gambling activities may only worsen their hardships.
Other critics claim that gambling can surely serve as room for entertainment, but the most important aspect is to understand when to put an end to it. Having such limits might often be challenging for an immature brain, especially under peer pressure.
Dealing with Gambling Addiction
The betting industry is sometimes referred to as the so-called “vice industry”, which is usually associated with goods that mainly involve an addictive potential (e.g., alcohol, drugs, chemical substances, and gambling). Given the fact that universities have already collaborated with alcohol companies in the past, experts cannot not draw a connection between how colleges hinder students’ well-being, not to mention credit card companies.
The high intensity emotions evoked by sports gambling activities represents a huge threat, report some experts. An endless craving to recoup losses leads to $5 turning to $10, which then grows to hundreds and even thousands. When the situation becomes devastating and the young bettor desperate, illegal means might often kick in, all in hope to recoup debts.
The preventative measure could be such as paying close attention to that person’s behavior in any way possible even if it might seem like stalking. Such people are typically prone to spending too much time watching sports games while their emotional state heavily depends on the results of those games. All of this might seem minor and insignificant at first, but people usually realize the issue only when it becomes too late.
Conclusive Thoughts
Tackling gambling addiction represents a number of challenges that could be overcome only if they are properly dealt with. Certainly, in the world of prevailing advertising, the urge to engage in the activity might be tempting, but at the end of the day we are the ones who make a decision and pay a price for it.