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Addiction Markets

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383 points toomuchtodo | 3 comments | 31 Oct 25 17:42 UTC | HN request time: 0.244s | source
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cal_dent ◴[31 Oct 25 19:47 UTC] No.45775961[source]▶
There has recently been many looks at the epidemic in gambling. Wonder how all of the focus seem to happen at the same time

Off the top of my head:

https://www.bloomberg.com/news/articles/2025-10-31/great-bri...

https://kyla.substack.com/p/gamblemerica-how-sports-betting-...

https://www.ft.com/content/e80df917-2af7-4a37-b9af-55d23f941...

https://www.dopaminemarkets.com/p/the-lottery-fication-of-ev...

https://www.investors.com/news/investing-gambling-robinhood-...

https://www.bloomberg.com/graphics/2025-premier-league-footb...

https://www.ft.com/content/a39d0a2e-950c-4a54-b339-4784f7892...

replies(2): >>45776087 #>>45777881 #
nicce ◴[31 Oct 25 23:34 UTC] No.45777881[source]▶
I find it odd that almost nobody ever refers stock trading as gambling. While for most persons it is nothing else.
replies(7): >>45777972 #>>45778402 #>>45778677 #>>45778973 #>>45780407 #>>45780933 #>>45781833 #
bfg_9k ◴[01 Nov 25 03:16 UTC] No.45778973[source]▶
Because stock trading isn't zero sum.
replies(1): >>45779333 #
laterium ◴[01 Nov 25 04:50 UTC] No.45779333[source]▶
Yes, it is negative sum after transaction costs and taxes.
replies(1): >>45779814 #
bfg_9k ◴[01 Nov 25 07:20 UTC] No.45779814[source]▶
No, it's not. Person A buys stock 1, stock one goes from $10 to $15. Person A makes $5. Person B buys it at $15 and then it pays a $1 dividend, person B makes $1. It's not zero sum, everyone can win.
replies(2): >>45780467 #>>45786607 #
1. maxilevi ◴[01 Nov 25 09:57 UTC] No.45780467[source]▶
That only applies for industries that are growing. And most of the “gambling” happens in options markets which are perfectly zero sum before fees.
replies(2): >>45780809 #>>45780937 #
2. Jyaif ◴[01 Nov 25 11:18 UTC] No.45780809[source]▶
Shrinking industries can still generate profit, and can still give out dividends.
3. mlrtime ◴[01 Nov 25 11:49 UTC] No.45780937[source]▶
You changed the goal posts, the thread started with stock. Derivatives are completely different.