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Affiliates flock to scam gambling machine

(krebsonsecurity.com)
110 points mikhael | 1 comments | 30 Aug 25 22:24 UTC | HN request time: 0.382s | source
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ks2048 ◴[30 Aug 25 23:59 UTC] No.45079090[source]▶
There seems to be an analogous concept of the Second Law of Thermodynamics - everything in society will tend towards scams if not actively opposed.
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jsheard ◴[31 Aug 25 00:05 UTC] No.45079129[source]▶
This is like a fractal scam, you've got gambling against the house (already a scam) with crypto (so there's no regulators to stop them rigging the games) and then instead of waiting for statistics to take their course they just run away with everyone's money.
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1. noduerme ◴[31 Aug 25 00:59 UTC] No.45079404[source]▶
Gambling against the house is not in itself a scam as long as the games aren't rigged and the odds and payouts are as advertised. A game with negative EV is not a scam if it's entered into knowingly by a player.

For my money, games where people pay to win worthless digital goods are far more scammy than a fair game of Blackjack in Vegas where you actually might come out up.

The other aspects you mentioned are the scam.