7min chapter

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The Economics of Sports Gambling (Ep. 388 Rebroadcast)

Freakonomics Radio

CHAPTER

How Does Gambling Affect Us Sports?

The first major gambling scandal, and majorly baseball, happened within a year of major league baseball forming. The precursor to the nf collapsed in large part because of gambling scandals. If people think sports are fixed, then they don't want to watch. And so it's this real balancing act for the leagues. But we're not going to see any time soon that they're going to maintain their integrity by pleasing their athletes rather than actually giving them a living wage....

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