Assuming everything physical gets tokenized (as occasionally gets predicted), people could soon literally lose their house on a bet! Maybe even a bet placed by their swarm of agents. The future's so bright, I gotta wear shades!
Bet your shirt AND the farm from the comfort of your phone
as a wise guy once said, "a grown man made a wager; he lost."
Worse: It won't even be your own bet that does the damage.
It'll be bets collected (or "lost" bets which are actually payments) by other parties that have an interest in an outcome which involves whether you lose your house.