Sports Betting, Dopamine, & Daily Deposits. (012)

Yes, I know you know the Super Bowl was yesterday. TSwift, Travis Kelce, and Mahomes got the W. It was huge for the NFL but it was also the SUPER BOWL OF SPORTS BETTING. Draft Kings and what feels like everyone else on earth created a betting app to make sports betting more mainstream. I saw this tweet yesterday that made me think.

That number is INSANE. Made me think about how people get caught up in the hype of their favorite sport, or favorite team, thinking they know the game and can predict outcomes. It is fun and changes the landscape of sports.

Seeing that number points out the fact that people have the cash. They have the money to risk on the NFL. If you are willing to throw down some parlays are you willing to throw down some cash on your Daily Deposit?

From Barstool, ESPN, you name it people are getting involved in this massive gold mine opportunity to make more cash and a huge dopamine rush.

There is the unknown, the risk, the rush of winning, the feeling of losing and thinking you could make your money back if you just double down. The emotional component of betting on your favorite team. Just like how Instagram uses the principles from slot machines to make their app more addicting, sports betting uses the same known facts.

Using what Draft Kings and Instagram know about Human Nature plus James Clear’s model for building a habit. How can we apply that to how we can invest in our Daily Deposits?

CUE - Triggers a want

CRAVING - The want

RESPONSE - Action to obtain reward

REWARD - Dopamine

How can we bring that level of HYPE to our Daily Deposit? Not that we need to make our deposits unknown and massive dump of dopamine. It just makes you stop and ask the question, “Why is there such a rush when you bet on sports but not a rush when you go to the gym every morning?”

Especially when we know ALMOST EVERY time working out every day with have a greater return than your sports bet. So you have the cash to take some risks, which means you have the cash to invest in you.

If you love the streak of Daily Deposit Newsletters that I have built up it would mean a ton if you would subscribe and share it with someone who means a lot to you. Wishing you all love and consistency! Keep killin it and making every day the best day of the year until tomorrow!

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