Directions: Read the following passage and answer the given questions. The proliferation of online advertising for betting apps has significantly influenced young audiences, often with troubling implications. These advertisements, leveraging sophisticated digital marketing strategies, have become pervasive across social media, streaming platforms, and gaming apps. While the allure of these ads lies in their flashy visuals, promises of quick wealth, and celebrity endorsements, the effects on impressionable youth are multifaceted, raising concerns about their mental, social, and financial well-being. One of the most pronounced effects is the normalization of gambling behavior. Betting apps often frame gambling as a harmless or even glamorous pastime, obscuring its risks. Advertisements rarely emphasize the addictive nature of gambling or the potential for financial loss, leading young individuals to perceive it as a risk-free opportunity. This normalization can desensitize them to the broader societal and personal harms of gambling, fostering habits that may persist into adulthood. Psychologically, these advertisements exploit cognitive biases like the “illusion of control” and the “gamblers' fallacy,” wherein users believe their actions or luck can influence outcomes. For youth, who are still developing critical reasoning skills, such messages can be particularly compelling, increasing the likelihood of impulsive decision-making. Furthermore, the integration of gamified elements, such as streaks or rewards, mimics the mechanics of video games, making betting apps more appealing and addictive to younger audiences. Socially, the impact of betting app advertisements manifests in strained relationships and peer pressure. Youth may face pressure to participate in betting as it becomes normalized among their social groups. This can also lead to conflicts within families, especially when financial losses accumulate or academic performance declines due to preoccupation with gambling. Financially, the consequences are severe. Youth often lack stable income sources and financial literacy, making them vulnerable to significant losses. Many are lured by promotions like free bets, only to find themselves caught in a cycle of chasing losses. In the absence of stricter regulations on online advertising, these effects are likely to intensify. Policymakers and educators must address this issue by raising awareness, enforcing stricter advertising standards, and promoting responsible behavior to shield young minds from the predatory allure of betting app promotions. What financial risk is associated with youth engaging in betting, based on the passage?