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March 6, 2026

The Betting States of America

The Betting States of America
It Turns Out
The Betting States of America
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Season 1
  • Show Notes

What happens when a culture is suddenly engulfed by 24/7 betting, wagering, and prediction markets?

In this episode of It Turns Out, host Kara Miller sits down with Dr. Timothy Fong, a psychiatrist and co-director of the UCLA Gambling Studies Program, to explore the hidden costs of America's new favorite pastime: "solitude entertainment."

From the staggering story of a student who drained his $180,000 college fund in just 18 months, to the psychological traps of treating apps like DraftKings and Polymarket as second jobs, Fong explains how the normalization of digital gambling is rewiring our brains and deepening the wealth gap.

Discover the science behind addiction, the reality of why the house always wins, and what this unprecedented surge in financial risk-taking means for society's future.

For more on the massive growth of sports gambling, check out the work of The Journalist's Resource at Harvard's Shorenstein Center.

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It Turns Out

"It Turns Out" reveals the hidden realities reshaping our world—from how marriage impacts inequality to the way that the tax code has transformed wealth.

Through conversations with experts who challenge conventional wisdom, award-winning journalist Kara Miller focuses each episode on groundbreaking research, changing how listeners see society, economics, technology, and human behavior. “It Turns Out” delves into data that directly impacts your life—whether you know it or not.

You can reach us at info@itturnsoutshow.com

We gratefully acknowledge the support of the Alfred P. Sloan Foundation. This work was done under Grant No. G-2025-79141.

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