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The U.S. deserves a sports betting industry that does not get any of its funding via credit cards

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Summary
Nutrition label

69% Informative

Frida Ghitis: Sports betting is not going that well in the U.S. and it's not a reliable way to turn a profit.

She says credit card deposits to sportsbook accounts with a credit card create complications.

Ghitis says credit cards should not be used to fund sports betting accounts with cash.

John Sutter : Gaming industry talks about security that legal sports betting promotes.

He says it means that sportsbooks pay out winning bets and don’t steal customers’ money.

Sutter says sports betting’s main shortcomings stem from this kind of easy, mindless process.

The industry is centuries old, but the human mind is still struggling to adjust.

VR Score

70

Informative language

71

Neutral language

43

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

10

https://ir.paysafe.com/news-events/press-releases/detail/213/paysafe-research-stronger-online-betting-experience-starts-with-paymentshttps://x.com/lindseyadler/status/1778486841353572487?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1778486841353572487%7Ctwgr%5Ed32df8b6412afd76b5fd4a12f2720836ea7e34b6%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2F1c1mxmy%2F%3Fresponsive%3Dtrueis_nightmode%3Dtruehttps://twitter.com/share?text=The+most+obvious+thing+that+would+make+sports+gambling+safer.&via=slate&url=https%3A%2F%2Fslate.com%2Fbusiness%2F2024%2F12%2Fsports-betting-gambling-credit-card-debt-fanduel-draftkings.html%3Futm_medium%3Dsocial%26utm_campaign%3Dtraffic%26utm_source%3Darticle%26utm_content%3Dtwitter_sharehttps://www.washingtonpost.com/business/2024/11/23/trump-republicans-cfpb/https://www.facebook.com/sharer.php?u=https%3A%2F%2Fslate.com%2Fbusiness%2F2024%2F12%2Fsports-betting-gambling-credit-card-debt-fanduel-draftkings.html%3Futm_medium%3Dsocial%26utm_campaign%3Dtraffic%26utm_source%3Darticle%26utm_content%3Dfacebook_sharehttps://natcen.ac.uk/publications/evaluation-credit-card-ban#:~:text=related%20financial%20harms.-,Great%20Britain%20was%20the%20first%20country%20to%20implement%20a%20complete,through%20a%20money%20service%20business.https://www.consumerfinance.gov/data-research/research-reports/data-spotlight-credit-card-cash-advance-fees-spike-after-legalization-of-sports-gambling/https://www.washingtonpost.com/sports/2022/08/31/sports-betting-parlay-odds/https://www.espn.com/sports-betting/story/_/id/41234480/congressmen-propose-new-federal-regulations-sports-bettinghttps://www.experian.com/blogs/ask-experian/can-you-buy-stocks-with-a-credit-card/#:~:text=Most%20brokerage%20firms%20won't,transfer%2C%20check%20or%20wire%20transfer.

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