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Tag: online sportsbook

  • Dave Ramsey Says Online Sports Betting A ‘Portal to Hell’

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    Posted on: January 8, 2026, 12:22h. 

    Last updated on: January 7, 2026, 01:34h.

    • Dave Ramsey says the legalization of online sports betting has devastated young men
    • Ramsey calls online sportsbooks “pure evil” and a “portal to hell”
    • Ramsey critics say sports gambling is an individual’s choice, and some do win

    Dave Ramsey is no fan of gambling or sports betting. He’s made that abundantly clear over the years when callers into his nationally syndicated financial advice radio show have sought help for dealing with loved ones or colleagues struggling with gambling addictions.

    Dave Ramsey sports betting gambling
    Dave Ramsey shows a clip from a recent episode of “The Ramsey Show” in which he discussed the dangers of online sports betting, particularly how it preys on young men. Ramsey calls online sports betting “pure evil.” (Image: The Ramsey Show/X)

    During a recent edition of “The Ramsey Show,” which has aired for more than three decades and is among the most listened to daily financial broadcasts in the US, Ramsey doubled down on his abhorrence of sports gambling. The financial advisor opined that sports betting, which was only legal in Nevada seven years ago, but today is regulated in 39 states and Washington, DC, is preying upon young men.

    The fastest-growing addiction that is destroying young men in their 20s is online sports gambling. FanDuel is a portal to hell. DraftKings isn’t king of nothing except their own pocketbook,” Ramsey said.

    “They’re screwing an entire generation of young men. That’s why they can afford to buy all of these ads,” Ramsey continued.

    Sportsbook Foe

    Sports betting is, of course, a business. And sportsbooks like DraftKings and FanDuel don’t spend many millions of dollars each year marketing their sports gambling operations and handing out free sign-up bonuses out of the goodness of their hearts, Ramsey said.

    “There are back-to-back ads every time you turn on a sporting event. They’re spending billions of dollars. You know where they’re getting that? It’s out of your kid’s freaking pocket. This is evil stuff,” Ramsey declared.

    Some viewers of his show commented that gambling, including sports betting, is an individual’s choice. Ramsey countered by opining that DraftKings and FanDuel are skilled at convincing young men how easy it is to win, when in reality they are almost guaranteed to lose.

    “You don’t win,” Ramsey declared.

    The American Gaming Association (AGA) reports that through 10 months of 2025, sports bettors lost $13 billion. That marked a 17.2% surge on the prior year.

    Americans bet about $14 billion a month through legal, regulated sportsbooks. The handle doesn’t include illegal sports bets with offshore websites or local bookies, nor bets made on event contract platforms like Kalshi.

    Sports Betting Participation 

    A 2025 study from the Research Institute at Siena University in New York concluded that half of all men aged 18 to 49 have an active online sports betting account. That data suggests that 22% of all American adults have an online wagering account, and more than half admitted to chasing a bet, or making another wager in hopes of winning back a loss.

    The study found that 37% of bettors have felt ashamed after losing, and 20% have encountered troubles meeting financial obligations because of their betting.

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    Devin O’Connor

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  • Colorado Tribes To Appeal Ruling Prohibiting Online Sports Bets

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    Posted on: October 26, 2025, 07:33h. 

    Last updated on: October 25, 2025, 04:04h.

    • Colorado tribes cannot operate online sports betting
    • Two Native tribes are challenging the ban in federal court

    A federal judge in Colorado’s US District Court has ruled against two native tribes in their pursuit to operate online sportsbooks.

    Colorado tribes online sports betting
    The opening ceremony of the Southern Ute Indian Tribe Pow Wow at the Sky Ute Fairgrounds in Ignacio is pictured in May 2017. The Colorado tribe will likely appeal a federal court ruling that maintains its exclusion from online sports betting. (Image: Shutterstock)

    In a ruling handed down on Thursday, Oct. 23, federal Judge Gordon Gallagher sided with the state on its claims that tribal gaming in Colorado must be limited to sovereign land. In July 2024, the Southern Ute Indian Tribe, later joined by the Ute Mountain Ute Tribe, sued Colorado and Gov. Jared Polis (D) on allegations that the state failed to negotiate in good faith with the Native communities, which hold Class III gaming compacts that allow them to operate tribal casinos on the Indian lands, for online sports betting privileges.

    After Colorado’s commercial mobile sportsbook market launched in May 2020, the state ordered online tribal sportsbooks to cease operating. State attorneys said the tribal Class III compacts allow only for gambling games approved by the state to occur on tribal land.

    The tribes sued, claiming that there’s a legal precedent among federal courts stipulating that the so-called hub and spoke model allows for online sports bets to be considered tribal gaming activity, so long as the computer server facilitating the wager remains on sovereign land.

    Judge Disagrees With Florida Decision

    In 2023, federal courts in Florida agreed with Gov. Ron DeSantis (R), the Seminole Tribe, and the US Interior Department that online sports betting is a tribal gambling activity if the sportsbook’s computer server is on Seminole land. Gallagher disagreed.

    This court finds that the gaming occurs where the bettor is located — in this context, the location of the bettor is the only determining factor for whether gaming is on Indian land,” Gallagher wrote.

    The judge said the Indian Gaming Regulatory Act (IGRA) only allows for tribal gaming on Native land.

    If the bettor is on Indian land, the gaming activity is on Indian land and IGRA applies. If the bettor is off Indian land, e.g., in Denver, the bettor is not engaged in gaming on Indian land and IGRA does not apply,” Gallagher opined.

    The judge also said the state indeed negotiated in good faith with the gaming tribes in regards to online sports betting. He cited the fact that Colorado agreed to allow the tribes to engage in online sports gambling, so long as they, like commercial operators, share 10% of their gross revenue and agree to be regulated by the Colorado Division of Gaming.

    “The tribes are sovereign nations in their own right. However, their ability to offer gaming is confined by IGRA, as is any waiver of immunity by the State of Colorado,” Gallagher continued.

    Appeal Likely

    The tribes are likely to appeal the district court’s ruling.

    The tribe respects Judge Gallagher and appreciates the time he has given to this issue. We believe a different result is mandated by federal law and will be evaluating how to move forward in the coming weeks,” a statement from the Southern Ute Indian Tribe read. “The tribe’s gaming compact with the state is unmistakably clear — the tribe can engage in all Class III games ‘that are explicitly authorized by the laws of the state.’”

    Polis’ office was pleased with Gallagher’s ruling,

    “We deeply respect the government-to-government relationship the state has with the Ute Mountain Ute and Southern Ute Indian Tribes. We are glad that the court ruled in the state’s favor to ensure Colorado can continue to manage sports betting in a way that works best for Coloradans and our state and continue funding important water projects around the state,” the governor’s office said.

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    Devin O’Connor

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  • Louisiana Sports Bettor Turns $50 Into $574,925 on Six-Leg Parlay

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    Posted on: October 18, 2025, 01:53h. 

    Last updated on: October 18, 2025, 01:53h.

    • A bettor in Louisiana won $574,925 on a $50 bet
    • The six-leg parlay was made with Caesars Sportsbook

    A sports bettor in Louisiana had himself a Thursday when his six-leg “Super Parlay” hit for almost $575K.

    Caesars Sportsbook Louisiana sports betting
    Caesars New Orleans is pictured. A sports bettor in Louisiana using the Caesars Sportsbook hit a $50 six-leg parlay that won $574,925. Parlays are typically very profitable for sportsbooks, with this win being one major exception. (Image: Shutterstock)

    Caesars Sportsbook shared the news on Friday morning that a bettor in Louisiana turned $50 into $574,925 on a six-leg parlay.

    Caesars Sportsbook Louisiana sports betting
    (Image: X)

    The ticket slip had four players competing in the MLB American and National League Championship Series’ going yard — Max Muncy (+500), Teoscar Hernandez (+475), Randy Arozarena (+525), and Vladimir Guerrero Jr. (+390).

    When all hit homers, the bettor still needed touchdowns from Jonnu Smith (+340) and Tee Higgins (+215) during Thursday Night Football. Smith and Higgins came through, each scoring TDs before the first half concluded.

    Caesars Sportsbook says the six-leg parlay’s odds were around 11,498 to 1, meaning the bettor turned every $1 bet on the ticket into nearly $11,498.

    “Pretty remarkable win,” said a Caesars Sportsbook spokesperson.

    Remote Bet Had Remote Odds

    In relaying the news to Casino.org, a Caesars Sportsbook rep said the bettor made the wager remotely via the online sportsbook’s mobile app. A “Super Parlay,” as Caesars Sportsbook billed the bet, is when the ticket combines multiple same-game parlays, same-game parlays to a traditional parlay, or same-game parlays to a straight wager selection.

    Caesars Entertainment manages three casinos in Louisiana — Caesars New Orleans, Horseshoe Lake Charles, and Horseshoe Bossier City. Each Caesars property in the Bayou State has a Caesars Sportsbook.

    Sportsbooks typically enjoy it when customers build parlays, as the combining of bets compounds the book’s edge over the bettor. The lengthier odds come with larger payouts, which attract bettors to keep trying them despite rarely winning.

    Small wagers with the possibility of a big payout are seen as a form of fun entertainment. Some say it’s akin to playing the lottery — a low probability of winning but the slim chance of winning big keeps players coming back.

    A parlay elevates the sportsbook’s “vig,” or commission/fee implemented into the odds, that ensures the book will make a profit regardless of the outcome of the game. Vig, which stands for “vigorish,” or the book’s “juice,” is compounded as a bettor assembles a parlay. 

    Louisiana Sports Betting

    Oddsmakers in Louisiana continue to see growth in both handle and revenue. Mobile sportsbooks have grown their net win from $209.2 million in the 2023 fiscal year to more than $443.4 million in the 2025 fiscal campaign.  

    Online bets have grown from $2.2 billion in 2023 to over $3.7 billion last year.

    Basketball — not football — is the most bet sport in Louisiana. Oddsmakers won $41.6 million last year on hoops, and $27.2 million on football. Revenue from parlays totaled $296.7 million, accounting for a staggering 67% of the Louisiana sports betting revenue in the 2025 fiscal year.

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    Devin O’Connor

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