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Addiction Markets

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383 points toomuchtodo | 2 comments | 31 Oct 25 17:42 UTC | HN request time: 0s | source
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rybosworld ◴[31 Oct 25 19:08 UTC] No.45775563[source]▶
I don't think you can kill corporate run gambling - people will just use some offshore website instead.

It might be something we should treat more like smoking.

- Require a disclosure of the EV of each bet as the user is placing it. E.g.: Expected loss $5.

- Ad targeting restrictions.

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rafale ◴[31 Oct 25 19:21 UTC] No.45775699[source]▶
Gamblers know the odds are stacked against them yet they end up stuck in a psychological prison within their own brain that they can't escape from even if they realize what they do is harmful.

Maybe a better law: check id, you are not allowed to take from any gambler more than 10 bets a year and no bet can be over 1k.

For big gamblers, we can have "qualified gamblers" rules like we do for qualified investors.

Funny how we don't let average people invest in some stuff but we let them gamble.

For offshore gambling pursue them aggressively if they serve US clients.

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1. skippyboxedhero ◴[31 Oct 25 20:28 UTC] No.45776355[source]▶
Gamblers know the odds are stacked against them and still gamble...because it is fun.

You realise that people waste their money on things that are significantly less understandable than gambling. Do you see someone driving a Ferrari and seethe with rage because Ferrari doesn't run a "qualified driver" program?

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2. rafale ◴[01 Nov 25 15:45 UTC] No.45782584[source]▶
Ferrari cars hold their value pretty well if you buy them slightly used.

Either way, Ferrari is selling cars. Not dreams of riches.