The NCAA’s decision to allow college athletes to bet on professional sports creates a pathway for point shaving and corruption.

“basically what the NCAA just did was essentially create a cross-league network where point shaving, inside information, and just straight-up cheating becomes inevitable.”

Investing in the S&P 500 is a reliable way to build wealth because it has a high historical success rate, unlike sports betting which involves a high probability of loss.

“If you hold the S&P 500 for any 20-year period, the win rate is 100%. I'm not saying that you should not gamble, but if you are not winning at a high enough win rate 80 to 90% and don't have your risk to reward ratios in comparison, they're not the same thing.”