Millennial with sports-betting addiction warns about March Madness

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Millennial with sports-betting addiction warns about March Madness
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Don't lose your life savings on your phone: A millennial with a sports-betting addiction explains how he's cut back as March Madness hype mounts

They can also subject themselves to"cool-off periods" that prevent them from betting for a specified length of time. Many states also provide the option of"," which prevents bettors from signing up or logging on to any legal online sportsbook for a specified period.

After downloading a sports-betting app, he began by betting roughly $50 to $100 at a time on anything from baseball to hockey to tennis. But then he started winning — at one point winning roughly 14 of 16 bets — which he said was the"worst thing" that could have happened to him. "Mobile betting is really what is killing everyone," he said,"because a lot of times people go through addiction, whether it's drugs or alcohol or anything, but the problem is that you have your phone with you 24/7, so you can literally do it at any time.

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