Instead of packing your bags and flying across the country to Las Vegas, the wonder of sports betting today is as easy as firing up your mobile device and tapping a button. But it was not always that easy. Deregulation has exploded the market in the wake of the 2018 Supreme Court ruling striking down the federal ban on sports gambling. As a result, mobile apps and constant advertising have seemed to fill the national consciousness with ideas of jackpots, parlays, and big wins. Despite these advertisements of glory and riches, from a personal finance perspective, sports gambling poses serious risks to your savings and long-term investing potential.