mikerickson reviewed Losing Big by Jonathan D. Cohen
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4 stars
I feel like a lot of these single-issue, "why is no one talking about this?" deep dives all kinda boil down to: the kids™ are not alright. In this instance, the kids are 18 to 35 year old young men - and particularly men of color - as if they didn't have enough going on.
At this point even someone like me who doesn't follow any sports is just one degree removed from someone who frequently bets on games. I have a coworker who I still mock for betting on FIFA streams during the height of COVID lockdowns because nothing else was playing, but it seems like his behavior is becoming more the norm than an outlier. This book does a good job laying the groundwork for how sports betting got legalized in 2018 and how individual states experimented with their rollouts (or lack thereof). But really the main focus …
I feel like a lot of these single-issue, "why is no one talking about this?" deep dives all kinda boil down to: the kids™ are not alright. In this instance, the kids are 18 to 35 year old young men - and particularly men of color - as if they didn't have enough going on.
At this point even someone like me who doesn't follow any sports is just one degree removed from someone who frequently bets on games. I have a coworker who I still mock for betting on FIFA streams during the height of COVID lockdowns because nothing else was playing, but it seems like his behavior is becoming more the norm than an outlier. This book does a good job laying the groundwork for how sports betting got legalized in 2018 and how individual states experimented with their rollouts (or lack thereof). But really the main focus that I'll take away from it was the detailed reasoning of why gambling addictions are unique from other substance-related addictions and how and why they need to be handled in their own way.
A specific interviewee the author established contact with while researching this book is highlighted throughout as an example of what a crippling gambling addiction looks like in this day and age for Gen Z men. Referred to only as "Kyle", the guy in question went through some shit and self-admittedly avoided the worst-case scenario because he had rich parents who wanted to support him once he came clean about his self-caused financial ruin. Though in a book that kept stressing how young men of color are uniquely at risk from this kind of gambling, I was curious why the book didn't follow any of their stories.
As far as nonfiction goes, this book felt a touch more colloquial than other entries in this Columbia Global Reports series that I've read (lots of people were catching strays, from the Denver Broncos, to the state of New Jersey in general, to professional wrestling), but not in a way that felt overly biased towards the author's perspective; it still read as a presentation of a contemporary phenomenon rather than a persuasive essay. And to its credit, this book does also spell out specific measures that could be followed to protect vulnerable gamblers without resorting to a kneejerk reactionary return to prohibition.
Maybe I'm just a cynic old bastard, but nothing here surprised or shocked me. I'm at the point where I learn something new and terrible is happening and my first reaction is, "sure, this may as well happen too."