I have bigger investments in stock and 401k. All of my cash right now are in bonds or indexes. Fuk bank accounts. I understand that it is unlikely to be something long term profitable but as you said, it is entertainment. During spring/summer only thing going on is MLB which I have not done well historically in. Thus, I would like to find +Ev cappers to give myself a better chance of winning AND being able to watch a game I have action in occasionally.
I will be the first to admit gambling is not a way to live off of. Even if you are one of the rare 1%s who are a “professional gambler” I would argue most do not live very enjoyable lives as it consumes them.