And for young men, who see no way to get ahead through jobs but see money as a way of gaining status and relationships, they're willing to keep taking risky bets in hopes of hitting a jackpot that can never be achieved through traditional employment.

It's not that women are immune to scams (they aren't), but I think men are willing to take more bets because they feel the traditional patriarchal weight of traditions telling them it's their job to support their family. So, they keep trying to strike it big and strike out instead.