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Addiction Markets

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383 points toomuchtodo | 3 comments | | HN request time: 0.686s | source
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gcanyon ◴[] No.45775729[source]
This line from the ads always strikes me as darkly ironic:

> if you need help making responsible choices, call…

Like, the only “responsible” choice is not to gamble online. What do they even think we’re supposed to take away from that line of the commercial?

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savanaly ◴[] No.45776233[source]
> the only “responsible” choice is not to gamble online

I don't gamble at all in any form, but I still firmly disagree. Some people enjoy gambling in a way that never hurts them-- I've known countless friends and coworkers who talk about doing a bit of it in Vegas or what have you. You're saying every last one is a degenerate gambler somehow concealing it totally from me? They know they're not going net positive on the experience, usually lose some money, and get some entertainment.

There's a saying about this: abusers give vice a bad name. People should be free to gamble if they want to, and certain checks should be put in place for people who choose to gamble so much it is ruinous to themselves.

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matthewdgreen ◴[] No.45776503[source]
These services make a relatively smaller piece of their profit from "responsible" people with a lot of self-control. In many cases, the business is probably not viable without problem gamblers. Problem gamblers account for anywhere from 51% of revenue for sports betting apps, to 90% in the case of casinos [1,2] and the numbers seem to be getting worse.

[1] https://portal.ct.gov/-/media/DMHAS/Publications/2023-CT-FIN... [2] https://www.umass.edu/seigma/media/583/download

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1. kulahan ◴[] No.45776606[source]
Whales provide the most value? You don't say.
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2. gcanyon ◴[] No.45776819[source]
It’s not whales, it’s compulsives. The stories are horrific. People have moved to non-gambling states, and the casinos send them nice letters saying, “We miss you! Here’s a coupon for a free flight to our state, you don’t even have to promise you’ll gamble, just come and have a steak dinner in us”
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3. kulahan ◴[] No.45779243[source]
Trust me friend, almost nobody WANTS to spend $50k on a mobile game.

The stakes probably aren’t as high in mobile, but it’s otherwise the same dance.