“High stakes” refers to situations or scenarios where the potential outcomes are significant, often involving a considerable risk of loss or a high reward. This term is commonly used in various contexts, including gambling, business, and competitive environments, where decisions made can lead to substantial consequences. In gambling, for example, “high stakes” games involve large amounts of money, which increases both the thrill and the risk for the participants. In business or negotiations, high stakes might denote situations where the decisions could impact the future of a company or the livelihoods of individuals involved. The term evokes a sense of urgency and critical importance, emphasizing that outcomes are pivotal and potentially life-changing.
The High Stakes Game: Is Sports Betting Hurting Athletes and Fans Alike?
Americans have wagered $142.5 billion on sports since the Supreme Court lifted restrictions in 2018, compared to $248.8 million in 2017. States benefit from billions in tax revenue from legalized…