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¡°Sportsbooks make a 30 percent profit on parlays vs. five or six percent with straight bets,¡± says Jeff Edelstein, a senior analyst at USBets, a site devoted to sports gambling. ¡°People love parlay bets. Who doesn¡¯t like putting down a little to win a lot?¡±
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When questioned about the know-how and knowledge of online Gambling, Alvin Chau responded saying, he did not gamble and was not familiar with gambling operations.
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The gambling addiction rate in America is roughly 1 percent of adults, according to the International Center for Responsible Gaming. It has been fairly stable. But any uptick could affect millions ¡ª not just the gamblers but the people who depend on the gamblers as fathers, mothers, co-workers and friends.

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