I wouldn't encourage him to place a bet as of the moment, not until he can stand on his own two feet where he already land a good paying and stable job. But, what I do as of the moment? I would teach him how to analyze the match; who will potentially win or who lose.  I wouldn't teach him how to analyze the odds either as it might somehow give him the idea that could entice him in placing bets. Though, everything could be learned over the internet, but at least I did what I can do as a parent who does not want my child to get involve in gambling at an early age.