I'd venture that actually smart people don't go near this at all because they know telling yourself "I'm better than others and won't get addicted"...all to chase a couple bucks is the height of folly.
Polymarket has me intrigued though. Especially stuff like their geopolitics section...as a measure of how good one's read of the world is. Still gambling in disguise though
I would love to see the gambling industry beaten back into whatever holes they slithered out of. If you want to gamble it should be in some smokey back room at a liquor store. I'm surprised the christian right isn't making more of a fuss about gambling, but I guess they're getting greased to look the other way.
Seems like a great opportunity to curtail betting. You want to leach money out of people, well you have to leave yourself open to let the pros do it to you.
Isn’t the point to let all players have a fairly equal chance? Someone’s going to win the money regardless, so it’s not like you’re saving money.
If the same data savvy people are just going to win most of the time, why would people bother playing? Ultimately you would not have enough players and the industry collapses. I don’t understand why this makes the casinos the bad guys.
If you want to bet, you could do so in regulated markets like financial markets.
This isn't a smartass remark "stock market is gambling". I literally mean that the financial markets went through all this bullshit 100 years ago, and came up with rules to make them fairer. For example, you won't be blocked from the stock market just because you do really well.
As the middle class continues to shrink in the West the gambling crisis will only get worse.
It has to be understood by older people that for many young people the only way to afford a lifestyle previously achievable in many cities with a basic job is to win the lottery.
Gambling disorder was the first behavioral addiction to be officially recognized alongside chemical dependencies; the DSM-5 reclassified gambling disorder from "impulse control disorder" to "substance-related and addictive disorders."
There is a simple and honest way to deal with it. It is to inform the dumb users before they place a bet that the historically smart winners have stacked up against them. If done well, it should substantially help even the odds.
Anyhow, this is why a better should stick to platforms that are unbiased.
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[ 2.9 ms ] story [ 35.8 ms ] threadPolymarket has me intrigued though. Especially stuff like their geopolitics section...as a measure of how good one's read of the world is. Still gambling in disguise though
Isn’t the point to let all players have a fairly equal chance? Someone’s going to win the money regardless, so it’s not like you’re saving money.
If the same data savvy people are just going to win most of the time, why would people bother playing? Ultimately you would not have enough players and the industry collapses. I don’t understand why this makes the casinos the bad guys.
This isn't a smartass remark "stock market is gambling". I literally mean that the financial markets went through all this bullshit 100 years ago, and came up with rules to make them fairer. For example, you won't be blocked from the stock market just because you do really well.
It has to be understood by older people that for many young people the only way to afford a lifestyle previously achievable in many cities with a basic job is to win the lottery.
Anyhow, this is why a better should stick to platforms that are unbiased.