Semi-related: had a co-worker explaining to us the other day how he gambled to make cash while he was a student at ISU, just graduated a couple weeks ago. Work smarter, not harder? I had a sweet job at ISU Surplus, would have been even poorer if I was gambler... Although I did help a guy with his NFL picks during, ironically, Business Law. I think he was placing his through some sort of organized, family "business", though. Definitely was not quite legal...
I'm old placed bets at work through a friend, who knew a "guy" we placed our bets as a group and all split the W or L that way. We were good until a guy died in a snowmobile accident and we had to cover his losses. (it wasn't much like $10/person).