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Benzinga
Benzinga
Business
Marc Guberti

Dave Ramsey Lashes Out Against Sports Betting And Its Participants: 'You Lose Your Money To Them. That Makes You A Loser.'

Sports betting

Financial personality Dave Ramsey regularly educates people on how to make good money decisions, but he isn’t afraid to share brutal truths. His recent X post took aim at sports betting companies and the people who place those bets.

Ramsey said that sports betting companies are paying for some of the most expensive ad placements on the planet. However, that money isn't coming from their savings accounts. Instead, the sports betting companies invest ad dollars that they receive from people who lost bets. Ramsey called this out while putting the mirror in front of bettors.

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