| ▲ | tokioyoyo 4 hours ago | |||||||
Almost nobody was betting in the black market before the legalization. Sure you obviously had some people, but friction was big enough where it was not worth it. Right now, there isn’t a single game where people are talking about the bets they made in NA. Nothing should be black and white. Even for alcohol and drug abuse, we should look at each and evaluate. | ||||||||
| ▲ | nradov 2 hours ago | parent | next [-] | |||||||
I don't know about Australia but there was an enormous amount of black market sports gambling in the USA before it was widely legalized. People who were unaware of this were just oblivious or led very sheltered lives. Broad legalization may have been a net negative for society but it's a complex issue. | ||||||||
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| ▲ | fblp 3 hours ago | parent | prev [-] | |||||||
Yep it's hard to build a large liquid market for both sides of the bet without a central platform being legal. Look at polymarket as another example of things that people wouldn't bet on if a (legal in some countries) platform didn't exist. | ||||||||