I’m interested in getting started in wagering on sports, but need some advice.
Did something change in the laws on Jan 1 or something? Seeing all kinds of ads now for various gambling sites.
Do you no longer have to go in person to an Iowa casino to set up an account and deposit money into your account?
If that’s the case, any suggestions where I should set up an account?
I’m just looking to do some small wagering, like $20 a weekend or something. Thanks in advance.
That's how it starts.
Yeah, I know. I've never had an issue with that.... so hopefully that won't be the case.
I can go into a casino with the idea I'm only willing to lose 30 bucks, and when it's gone, I'm done..... and I've never had an issue just walking out when the 30 bucks is gone. I've never said...... "well just 30 more bucks then I'm done..... I know I can win it back!". I've never had that problem.
Not looking great, my bad!Alright, I’m in on it. Thanks for the tip!
Did the same thing. Joined Fan Duel during bowl season, and put $850 on Oklahoma to win bowl game. Withdrew my $1000 and playing with house money now.I've been using William Hill for a year now. I liked it ok but I just switched to Fan Duel, they cover a no risk bet up to $1000 on first bet after sign up so I'm going heavy on Green Bay tomorrow. I'll probably keep both accounts for now but will probably go to just one eventually.
I have DK and although I don’t win a bunch or make huge bets, it’s extremely fun. The in-game betting is a blast...especially if you’re watching the game with some friends.
Random question- But I assume the NCAA prohibits their athletes from betting?
*DraftKings No Brainer bets not includedJust remember. There are no sure things!
So i'm probably gonna start wagering small at some point, and I have no prob w gambling being legal, but just a cautionary tale for some about what gambling addiction can look like.
I have a friend who is 62. In his job, he has made between 120k and 200k every year since 1994. Every year, for almost 30 years.
He currently has about 150k in retirement savings and a 150k mortgage on a 250k home. He is not destitute, by any stretch. But imagine if he had put the money he lost gambling into his 401k. He would have like $2M dollars rolling around.
Just as a guess he has probably lost 20-40k annual for those 30 years. And of course all the possible compound interest.
I imagine if he made less money he would have lost less too, but would also not have even what he has either.
So just pick out what you can afford to lose per week, month, year and dont go over that kids!
Also, I love green bay today lol
That's rough when you start to look back at those type of amounts. For me, I put $100 in my account at the bringing of football and basketball seasons and no more. For the couple times I've gotten over $200, I've pulled money out to get back down to $100. In the end, I'm down $100 total over a couple years. But you have to treat it as entertainment money that's gone as soon as it's sent to the site. Never count in any sort of income from it and it won't ever affect your livelihood.
Do most of these sites ask you to link a bank account for "instant" pay off?
If so, whoo boy.