Against the Rules with Michael Lewis

Episode 6: VIP

124 snips
Nov 26, 2024
Jeff Gordon, a recovering gambling addict, shares his gripping journey through the chaotic world of sports betting. He discusses the emotional toll and societal perceptions surrounding gambling addiction, highlighting the superficiality of the industry's responsible gaming initiatives. The conversation unveils the troubling rise of gambling issues, especially among young men, and the urgent need for consumer protections. Gordon also reflects on the psychological impact of losing VIP status and the complex interplay between identity and addiction in an increasingly digitized gambling landscape.
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ANECDOTE

The Experiment

  • Michael Lewis's producer, LJ, partnered with Rufus Peabody, a successful sports gambler.
  • LJ placed bets on sports she knew nothing about, like golf, with Rufus's guidance.
ANECDOTE

VIP Status

  • LJ bet her annual salary and became a VIP at BetMGM.
  • Her own bank tried to shut her down due to large transactions.
ADVICE

Faking Expertise

  • Don't try to become too knowledgeable about golf.
  • Feigning expertise might lead to deeper conversations and expose LJ's inexperience.
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