What happens when a husband decides to risk the mortgage payment on a sports bet and loses? Now the wife and kids are evicted.

Or maybe he lives alone and is now homeless. But now we have a man living out of his car, or worse, homeless and begging on the corner.

The problem with allowing people to do whatever they want is that risks are often socialized.

How does this happen with an online app? I understand how it happens when you place a bet with the local bookie.