Regulation on sports betting?

To those who say that "people" will bet on sports regardless if it is legal or not, is misleading. Yes "people" will bet on sports, but not nearly in the number or to the extreme as is today. Those who engage in sports betting (mostly young men), are far less willing to risk their future (if it were illegal) than these claims make.

What are some ideas on how this industry can be reformed?

Education to expose the predatory nature of sports betting ads?

Should prop bets be eliminated altogether?

Should someone's total wagers be limited over a given year?

Please share your thoughts!