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Everyone understand all this sports gambling is bad
Poast new message in this thread
Date: April 21st, 2026 8:31 AM Author: painfully honest house But no one will stop it (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49831503) |
Date: April 21st, 2026 8:36 AM Author: shimmering locale old irish cottage You don't hear much about people's lives being devastated by it either. Total media blackout since they own the media now? (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49831514) |
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Date: April 21st, 2026 11:03 AM Author: painfully honest house The economics research on this is devastating - as soon as mobile gambling is introduced credit scores decline and domestic abuse rises, like immediately. (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49831821) |
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Date: April 21st, 2026 8:41 AM Author: heady crotch My employer is making money hand over fist in this space. It’s 180 mostly because I have $600k of RSUs but also 120 because it’s pure evil. (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49831521) |
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Date: April 21st, 2026 11:04 AM Author: painfully honest house I see these ads that are like, "ARE YOU HAVING MONEY TROUBLE!!! CAN'T PAY YOUR BILLS!!!! TRY SPARKLE SPIN FOR CASH PRIZES!!!!" (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49831823) |
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Date: April 21st, 2026 1:25 PM Author: painfully honest house (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49832090) |
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Date: April 21st, 2026 4:46 PM Author: painfully honest house (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49832540) |
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Date: April 21st, 2026 5:04 PM Author: Bright Mad-dog Skullcap Sneaky Criminal JFC
Also, 180 moniker |
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Date: April 21st, 2026 1:21 PM Author: vivacious light address Yeah it's bad news
What I do wonder about is if the prediction market stuff might be marginally better for all bettors instead of the sportsbook cabal.
I am not a gambler but my understanding is that with traditional sportsbooks, people who are *really* plugged in to sports gambling can eke out an edge. But the problem is that once they identify you as a winner, they cap your action and you can't really make serious money.
With the prediction markets, my understanding is that the only real cap that exists is the amount of action on the contract? The free market guy in me feels like efficiency can only be a good thing |
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Date: April 21st, 2026 5:07 PM Author: Bright Mad-dog Skullcap Sneaky Criminal Allowing people to bet on anything just blows up the possibilities for insider trading and market manipulation.
Not to mention, it gives rich people EVEN MORE power to control elections (not that they needed it). They can just pump money into certain candidates to make them seem more popular than they are.
It's bad news on many levels. |
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Date: April 21st, 2026 5:04 PM Author: peach trailer park tattoo It's an interesting example of the tension between (a) wanting as much liberty and freedom of possible, with limited government regulation and (b) the fact that when left to their own devices, people will do things that are net harmful to themselves and society--in this case, at the individual gambler level and the level of the billion dollar sportsbook taking advantage of said degenerate gambler.
The older I get, the more I'm in favor of more regulation of this sort of stuff. Sure, there is an argument that responsible adults should be able to place modest bets. But, it's just not worth it. Never mind that it's also ruining sports. |
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Date: April 22nd, 2026 6:30 AM Author: painfully honest house It was best when it was legal but confined to Vegas and south New Jersey. (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49833712) |
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Date: April 21st, 2026 5:06 PM Author: Passionate know-it-all affirmative action There's no mechanism to stop it
The truth is that this "country" is specifically set up to enable, encourage, and facilitate this sort of thing
In order to stop things like sports gambling you'd have to destroy the United States as it currently exists |
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Date: April 22nd, 2026 6:52 AM Author: Useless Self-centered Milk Center hold my beer (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49833720) |
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Date: April 22nd, 2026 6:59 AM Author: aquamarine stage voyeur it's lol that lib states JUMPED at this stuff because of the taxes it generated even though it just makes poors poorer. (http://www.autoadmit.com/thread.php?thread_id=5859033&forum_id=2)#49833723) |