Texas Tech QB Brendan Sorsby leaves the team to attend rehab (gambling)?

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don’t know the amount but Texas Tech paid a fortune to get him. I’m guessing he’ll have a “ miraculous” recovery by August.

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This is not going to be up to him or Texas Tech. He bet on teams he was a member of. Rules prohibit players from betting on college games at all and certain pro games. He bet on Indiana while on the roster. He’s done.

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Feel bad for the 18-25 generation right now. They’re pumped full of gambling ads everywhere and it’s an easy ride to get on at that age.

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Really some symptoms of a country circling the drain. Sometimes it feels like the only business models that exist now:

1) Inserting yourself into an already existing business and extracting rents after billionaires fund your loss leader market share growth phase to take over the market before squeezing the consumers. (Edit: I guess this could be labeled more simply as “rent seeking” but sometimes that loses some details of the absurdity.)

2) Ponzi scheme crypto scams.

3) Casino games.

4) Casino games for kids.

5) Legalizing it.

This poor guy had a real problem. Being reported he bet as much as 5 mil over a period of time. He was going to Reds games and betting on each pitch. That’s a real problem. Texas Tech is being investigated as well. These athletes have a tracking app on their phone that alerts for sports betting so if TT knew they’ll get hammered.

I think he’s probably done this season. He bet on games involving a team he was signed with

The real question is what does the NFL do with him?

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A few of them were betting hundreds for something like which caddie will make it to the green first.

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A bunch of guys in my regular golf group have left because of how much the younger part of the group wants to gamble. We have a pretty big group, probably close to 30 guys. We had a bunch of younger guys get included recently and the first thing they do on the tee is figure out all the bets that they want to do. I don't mind a game for $20 to keep everyone honest, but these guys will have so many bets going that they'll be a couple hundred dollars in each round. It's like they are there to gamble first and golf second.

One of the younger guys wives made him give up his club membership because he lost $1,500 one one round and the next week he lost another $1,500 trying to get it back. Good on him that he paid, but the younger crew has zero resistance to gambling.

There are two main types of addiction - chemical and behavorial. They're related. If you love cocaine, that's chemical. If you love the thrill of gambling, that's behavioral. A lot of kids avoid the chemical stuff - drug usage among young people has plummeted (except weed it seems) - but they are often addicted to the dopamine hit of social media and gambling.

I fear I would succumb to the chemical method so I avoid that stuff. I'm glad I grew up without the constant dopamine hits these kids get used to.

I'm kind of glad my son isn't too big into sports because it would be very easy to pivot that into a love of gambling.

Gambling is for poor people. Investing is what wealthy people do.