Betting Against Yourself: Why The House Always Wins & How YOU Can Win Instead

In the latest episode of Money & Wealth, John Hope Bryant tackles the taboo topic of gambling and sports betting, framing it as an issue of ownership and mindset. John argues the “house always wins,” citing casino growth, heavy betting-company advertising, and that many lottery winners go bankrupt, while mobile betting has put a “casino in your pocket,” especially after 2018 legalization.

Bryant says people seek shortcuts because housing, college, and living costs feel unattainable, and warns gambling can resemble investing when ownership feels impossible. 

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