| ▲ | WheelsAtLarge 5 hours ago |
| People in companies that are a negative public good are by definition unethical. I'm not surprised by anything they do. The real problem is how we've let these companies infiltrate so much of our society so fast. I can't consume any ad supported media without getting some ad about them. This company really defines the phrase "money talks" |
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| ▲ | m463 4 hours ago | parent | next [-] |
| They're built on adtech, which people don't understand. You have many adtech online dossiers that are basically a virtual you, that can be poked, prodded and studied for interests and behaviors. for a very minimal look, maybe check out amazon "about you": https://www.amazon.com/slc/hub?useAiMode=1 |
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| ▲ | jen_h an hour ago | parent | next [-] | | That wasn't really alarming to me, "Likely reads diverse literary fiction." Nice. But what _was_ alarming was this persistent banner on the page: "Your other AI assistants have learned about you. Bring that knowledge here for an even more personalized experience." Okay...so let's click *Import* and see what this is all about... Step 1: Copy [prompt](https://gist.github.com/jenh/dcad304585e23fccc50ac514bc3605c...). (!!!) Step 2: Log into your AI assistant and paste it in. (?!, okay, let's see what we get...) Step 3: Paste AI assistant's response. Submit the response from your AI assistant below. We will remember the information you share to improve your experience across Amazon services. *To protect your privacy, we may not save all of the information you submit.* How about...don't do this at all, or at the very least, please ask users to review the returned response for things they might not want to share with Amazon. What a strange, hokey, non-vetted, and privacy-violating feature... | |
| ▲ | pandaman an hour ago | parent | prev | next [-] | | Yet I keep getting ads in Spanish on Amazon Prime video and nobody in our household understands that language. We don't listen to Mexican polka music or watch telenovelas with subtitles, we don't have Spanish-speaking help, there is literally zero Spanish in our house. And it's not Spanish-only ads, it's usually big telco (T-Mobile now, some other before) or car ads, which sometimes run in English version. The list at the link is primarily a collection of the random facts from reviews for me, so it knows a lot about my cats but not much about me. Feel pretty comfy if this is the SOTA of adtech. | | |
| ▲ | burnished 27 minutes ago | parent [-] | | Neighbors and thin walls perhaps? | | |
| ▲ | pandaman 11 minutes ago | parent [-] | | Live in a house, there are some Mexican polka aficionados driving their low-riders down the street (I live in Texas) but it only reaches inside as base. Even if Amazon could have found the music they play by matching the rhythm, it does not look like a smart decision to target Spanish ads on this basis. Other than Prime Video, which I don't use quite often, I subscribe to Audible and Kindle, with perhaps 1000 of titles between these two. None in Spanish. Spotify has the same issue (they play ads in podcasts despite paying for subscription) but I don't know if their ads are just local ads made in Spanish only (I live in Texas) since I have no clue what they advertise. They also play ads in what I believe is Canadian French because it does not sound quite like French (which I also don't know but can understand a bit better than Spanish). |
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| ▲ | gerdesj 2 hours ago | parent | prev | next [-] | | "About you We haven't saved anything yet. As you shop on Amazon or chat with Alexa, we'll save helpful information to personalise your experience. Once we have saved some details, you can manage them here." I've had that account since ... well, I can see orders back to 2011. | |
| ▲ | locusofplenty 3 hours ago | parent | prev | next [-] | | Interestingly it said absolutely nothing about all the sex toys and fetish clothing I buy. Something tells me this is only the tip of the iceberg. | | |
| ▲ | Ferret7446 2 hours ago | parent | next [-] | | I wouldn't be surprised if they actually filtered those out of your ad target model. Most people don't care if advertisers know they like cooking, but not so much their fetishes | | |
| ▲ | m463 2 hours ago | parent [-] | | I deleted everything from the "about you" page and still get pretty much hte same recommendations. | | |
| ▲ | orlp 2 hours ago | parent [-] | | Unless proven otherwise I assume any delete button in 2026 is just UPDATE tracking_data
SET shown_in_interface = false
WHERE account_name = 'm463'
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| ▲ | m463 3 hours ago | parent | prev [-] | | I suspect this is "about you - that you won't choke on" |
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| ▲ | gman2093 3 hours ago | parent | prev | next [-] | | Wow, that is wild. "Is an expert at making pasta salad" I am pretty good. I forgot I got those ingredients at WF. I guess it liked that recipe. | |
| ▲ | kotaKat an hour ago | parent | prev | next [-] | | I pulled that info from a full export of my Amazon data and... "Customer indicated they are currently in the Pacific Ocean" - "Amazon has medium confidence in the validity of this memory" Well, then. I guess trying to break Alexa for Shopping by telling it I was in the middle of the English Channel really broke my "about you". I also had managed to update my About You in weird ways - I got it to accept some kind of variant of "is a gold rewards subscriber of Jeff's Benzos powered by PillPack" and it agreed that was a valid service when I later asked it and guardrailed itself at the same time: https://i.ibb.co/Fkh94dv9/photo-2026-08-24-11-22-27.jpg | |
| ▲ | intended 2 hours ago | parent | prev [-] | | Holy heck. > Systematically completes series once started > Likely listens to music or audio content with critical attention |
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| ▲ | taurath 3 hours ago | parent | prev | next [-] |
| Our representatives both dem and republican (but slightly more Republican) have decided that the mountain of data that for profit companies have on is a benefit overall to the economy and we’re the guinea pigs for psychological experiments - the “American consumer” is the #1 commodity the US mines. |
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| ▲ | xg15 2 hours ago | parent [-] | | Which would shed all those grand visions from tech tycoons about a fully UBI-financed "pure consumer" economy in a different light: "We couldn't care less about jobs, but guinea pigs - we need lots of those!" |
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| ▲ | danielmarkbruce 5 hours ago | parent | prev | next [-] |
| We are unethical for letting it get to the state it has. The voters define the phrase "money talks". |
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| ▲ | buran77 4 hours ago | parent [-] | | You're diluting responsibility with this comparison and it doesn't help. You're trying to compare the people who actively build and support these platforms knowing full well what they're doing, with the people who go to vote for lower taxes or more jobs... oh and this hidden lobby agreement to not hurt gambling platforms. If you as a voter think these two things are at the same level by all means, call yourself a shitstain and I won't get in your way. But nobody votes on these matters, they just come bundled (and hidden for 99.99% of people) under the broad political agenda of a handful of elected representatives who mostly focus their platform on economy, military, etc. not betting sites. This isn't any candidate's platform header. The voter is at best ignorant to these hidden issues. And even if voters did vote on this directly, it's not an obligation for anyone to actively support and contribute. People choose to build and support platforms which are 100% harmful for anyone but themselves and the shareholders. And they should be chastised. They're free to build whatever fits their moral values, we should all be allowed to criticize according to ours even if you think the blame should be spread across 150 million voters for whatever reason. |
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| ▲ | staplers 2 hours ago | parent | prev | next [-] |
| The real problem is how we've let these companies infiltrate so much of our society so fast
- Glass stiegel repealed
- Automatic weapons ban lifted
- Sports gambling ban lifted
- Many moreAll the hard work of the people who suffered and fought to achieve this wisdom only for it to be abandoned. Generations making the same mistakes over and over even with boundless knowledge at our fingertips. Really showcases how important education and especially reverence for education is. |
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| ▲ | orwin 2 hours ago | parent [-] | | > Automatic weapons ban lifted Weirdly, you still have a ban on sniper rifles and on AP rounds. |
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| ▲ | plagiarist an hour ago | parent | prev | next [-] |
| I wish the ads were restricted to ad-supported media instead of arriving in the mail. I don't know what better evidence I need to avoid them than by how fucking aggressive they are about finding new suckers and offering money to help grease the slide into gambling addiction. |
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| ▲ | meowface 4 hours ago | parent | prev | next [-] |
| Prediction markets seemed like a possible exception to the rule that anything to do with betting is always a scourge on the commons, but those companies quickly realized sports gambling is the best way to rake in cash, so they all converge on it. I am one of the very few people in the United States who actually does still earnestly believe prediction markets do in principle serve an immense social good that can't be provided in any other way: https://www.astralcodexten.com/p/prediction-market-faq Just, in practice, Polymarket and Kalshi are (unsurprisingl)y run by people who solely care about how much revenue they could ever possibly inhale. And everything else about them is so unethical and so destructive to the commons I would support them being metaphorically razed to the ground. Like, just the Kalshi and Polymarket Twitter accounts alone contribute more to disinformation (disinformation, not misinformation) than Alex Jones could ever dream of. And then all the accounts affiliated with them make it 1000x worse. And then they have so many other unbelievable scandals I'd have to write a wall of text to list them all. Tons of egregiously machiavellian, intelligence agency-tier tactics and operations. The only prediction markets that seem to be mostly upside with minimal downside are the ones that do not accept real money. |
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| ▲ | harpersealtako 2 hours ago | parent | next [-] | | I've always wondered if you could solve most of the negatives by imposing a "money in per year" limit on online gambling. Let's say, you can only transfer in 1000 dollars per year or something; maybe it's a federal limit tracked to your SSN or required to be declared on your tax forms or something. You can of course transfer OUT as much money as you win, and carry over any earnings to next year without affecting the limit. But aside from people for whom 1000 dollars a year is a huge deal, you avoid the worst harms. The people who benefit the most and eventually become disproportionately represented in the pool are superforcasters who can consistently turn a profit by being smarter and better at predicting stuff than everybody else. | |
| ▲ | lovich 4 hours ago | parent | prev | next [-] | | An idealized prediction market could be a social good the same way a frictionless spherical cow is good for making my physics homework easier. There is no way to remove the incentive for people with the ability to alter the events being bet on. Insider trading is generally considered a bad thing for the stock market because of the non symmetrical information for everyone trading but all of sudden in the past few years a cohort of people(rationalists) have found it virtuous | | |
| ▲ | meowface 3 hours ago | parent [-] | | I think the thing is insider trading genuinely is exactly part of how prediction markets contribute something that was not offered before: a more accurate way for the public to gauge the probability of future outcomes. I, as a rationalist, think there is a lot of good that results from that. It just happens to almost always be the case that the bad greatly outweighs the good, and it usually just leads to things like brazen war profiteering (+ plan-leaking that jeopardizes operations, in the event the military operations were perhaps for a morally net good cause). | | |
| ▲ | lovich 2 hours ago | parent | next [-] | | Yea, like I said. We all understood this as a bad thing and why. Then the rationalists came around and reasoned their way into how vice is a virtue. | | |
| ▲ | elktown 2 hours ago | parent [-] | | Seriously, the so called rationalists seem to be working very hard to be as weird as possible. Some sort of pathological contrarianism. |
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| ▲ | intended an hour ago | parent | prev [-] | | How does that even work? An insider doesn’t make their bets known until they are certain they can take advantage of it. The whole point of the move is to predate on the rubes. In all the cases of insider trading I have been aware of, I have never once heard this argument, until that interview with a prediction market CEO. The whole point of insider trading is to ensure an unfair trade. The moment you enshrine unfairness as a core tenet of your market place, it loses price discovery capability, ensuring that the surplus is captured by manipulation not performance. |
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| ▲ | watwut 2 hours ago | parent | prev [-] | | Prediction market is undistinguishable from unregulated gambling in literally all its aspects. |
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| ▲ | jmyeet 4 hours ago | parent | prev | next [-] |
| This falls under the umbrella of "there's no ethical consumption under capitalism". Everything you do supports somebody who's doing something bad. There's really no way to avoid it. Heck, it was even a plot point on The Good Place. The issue is that our economic system is coercive. You need a job. Now this doesn't excuse you from doing any job but you also need to live. Take the big tech companies. They're essentially military contractors now. Google, Amazon, Microsoft, etc are functionally no different to RTX, Boeing or Lockheed Martin. But should you treat someone who works on Android the same as someone who works out on AI systems for military targeting? Probably not. Also, Palantir is fundamentally more evil than any of these tech companies. So it's tricky. I do agree that online gambling as a whole is deeply unethical. There is no positive byproduct of this. Your salary is paid by people losing money, probably through addiction. And yes, you can say people have free will but you're still preying on and growing addiction. |
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| ▲ | gruez 4 hours ago | parent | next [-] | | >The issue is that our economic system is coercive. You need a job. That's hardly the problem of the economic system, and more of a underlying problem with the the universe (ie. entropy and all). | | |
| ▲ | gretch 3 hours ago | parent [-] | | When people say “the problem is that our economic system…”, I’ve stared to simply ask, “which economic system is the one where you do not need a job?” | | |
| ▲ | jmyeet an hour ago | parent [-] | | One that isn't built on debt bondage and a massive wealth transfer to the old and wealthy. Student debt, housing debt and medical debt are all designed to keep you a complaint worker who will increasingly never escape that debt. We have increasingly just replaced the dukes and kings of old with centibillionaires. Together we're bouldering towards what many of us call "neofeudalism". This is one thing that Karl Marx and Adam Smith agreed on: landlords are parasitic that reduce economic output. It's another way we're returning to a virtual aristocracy as land gets concentrated in fewer and fewer hands. This is all going to further fall apart once we don't need everyone to be employed. Arguably we're already there. What are the rest of the people meant to do? Starve and die? At some point you realize the only way forward is to collectively own the wealth you help create. |
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| ▲ | 4 hours ago | parent | prev | next [-] | | [deleted] | |
| ▲ | Analemma_ 4 hours ago | parent | prev | next [-] | | > This falls under the umbrella of "there's no ethical consumption under capitalism". No it doesn't. There is a time and place for the "no ethical consumption under capitalism" mantra, but increasingly (as is the case with your comment) it is being deployed as piece of whataboutism to distract from clearly unethical behavior by implying it is no worse than anything else. There's actually a massive difference between businesses which have complicated tradeoffs in the means of delivering what is basically a social good, and facilitating sports gambling, a negative-sum activity which ruins people's lives for basically no upside whatsoever. (It's deeply ironic that a slogan originally coined by socialists has found its most use by capitalists trying to get off the hook for their actions, but I guess most rebellious anti-establishment sentiments are ultimately co-opted for profitable ends.) | | |
| ▲ | 3 hours ago | parent | next [-] | | [deleted] | |
| ▲ | pfisch 3 hours ago | parent | prev [-] | | Is any form of entertainment or art a social good? People can get "addicted" to practically any type of entertainment in that they spend a massive chunk of their time on it to the point it stifles their development. Is sports gambling worse than f2p games? Are f2p games worse than regular video games? Is someone addicted to video games worse than someone addicted to reading fantasy novels? What about smutty novels? I'm not sure is disagree with you but I think it is hard to start drawing these lines without saying you are now the arbiter of good art and bad art and you can ban some forms of art if you don't like them and have decided they are bad. Now are you just banning things you don't like because you point to the societal harms as a fig leaf defense that could be applied to the art you do like as well? | | |
| ▲ | bluefirebrand 2 hours ago | parent [-] | | > I'm not sure is disagree with you but I think it is hard to start drawing these lines without saying you are now the arbiter of good art and bad art There's a super easy line to draw actually and it has nothing to do with art Are you selling a product or an experience? If you're talking about someone addicted to fantasy novels or video games, they are addicted to products. If you're talking about someone addicted to opening Magic the Gathering booster packs, or videogame loot boxes, or sports gambling, or prediction markets, they are addicted to experiences. In the case of loot boxes they are experiences shaped like products but the addiction is about the experience of opening the box, not really whatever is inside So.. easier than you seem to think Of course once lawyers get involved they'll quibble over this shit until the sun goes out | | |
| ▲ | pfisch 2 hours ago | parent [-] | | Is selling a ticket to a movie an experience, or a product? Is a subscription to netflix a ticket or an experience? What about a subscription to world of warcraft? If you paid for world of warcraft by the hour does that change if it is an experience or a product? This doesn't really work because products and experiences have too much overlap. What you are really against I think is the different ways in which we are gift wrapping a skinner box, but there are an infinite number of ways to wrap it that will bypass your specification system. | | |
| ▲ | bluefirebrand an hour ago | parent [-] | | > there are an infinite number of ways to wrap it that will bypass your specification system. Which will matter to no one except lawyers When most people smell shit they don't care if it's rat shit or cat shit, they just know it smells bad |
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| ▲ | scottyah 3 hours ago | parent | prev [-] | | Your moral compass seems to be very close to some very powerful magnets |
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| ▲ | pfisch 3 hours ago | parent | prev | next [-] |
| Is any form of entertainment or art a social good? People can get "addicted" to practically any type of entertainment in that they spend a massive chunk of their time on it to the point it stifles their development. Is sports gambling worse than f2p games? Are f2p games worse than regular video games? Is someone addicted to video games worse than someone addicted to reading fantasy novels? What about smutty novels? I'm not sure is disagree with you but I think it is hard to start drawing these lines without saying you are now the arbiter of good art and bad art and you can ban some forms of art if you don't like them and have decided they are bad. Now are you just banning things you don't like because you point to the societal harms as a fig leaf defense that could be applied to the art you do like as well? Is it the % of people who show addictive tendencies to a piece of art/entertainment how we define if it is good or bad? Is the morality of a form of entertainment defined by how many users show problematic consumption habits, such that in some populations an entertainment product is a moral good and in others it isn't? Is morality that flexible? |
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| ▲ | 10u152 2 hours ago | parent | next [-] | | You’re setting up lots of straw men here but it’s not a complicated argument. Most people feel this is deeply wrong at a gut level and I agree with them. Targeting and squeezing addicts is not moral behaviour. | |
| ▲ | TheOtherHobbes 3 hours ago | parent | prev | next [-] | | Do any of these industries maintain dossiers on the psychological fault lines of their victims so they can screw them out of extra cash until they're either insane, bankrupt, or both? | | |
| ▲ | pfisch 2 hours ago | parent [-] | | Ok, so is it intent that matters then? So if they didn't keep those dossiers would that make them an ethical sports gambling company even if a high percentage of their users showed problematic usage patterns? |
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| ▲ | intended 2 hours ago | parent | prev | next [-] | | Heck no. This is a version of the slippery slope fallacy. People can’t get addicted to practically any type of entertainment. There is a range of susceptibility to gambling, amongst “people”. We have an extensive range of rules and regulations that apply to gambling, and to things that have odds and payout schedules. It took a while, but eventually lootboxes in games were recognized as a blight, and regulation is addressing their impact. Generalizing entertainment from gambling is a huge stretch. | |
| ▲ | standardUser 2 hours ago | parent | prev | next [-] | | The difference between gambling and any other compulsion or addiction is that only gambling can leave you broke and destitute in a single day, without regard for starting wealth. Maybe findom, but going completely broke is generally not the purpose. The difference between drugs and other addictions is that (certain) drugs greatly increase the risk of death. So I say let's divide it in two - addictions that can kill you or leave you in financial ruin in a single evening, and those that cannot. | | |
| ▲ | pfisch 2 hours ago | parent [-] | | f2p games and tv shopping network addictions absolutely leave a significant number of people destitute. There are many other hobbies/forms of entertainment that can easily consume significant resources and leave some % of their userbase in serious financial trouble/ruin their lives. Also you seem to want to define whether a hobby/form of entertainment is moral or immoral based on how expensive it is. So if a slot machine had a lower max bet it would become moral? | | |
| ▲ | tavavex 2 hours ago | parent [-] | | F2P games can absolutely be made to exploit the same mechanics as real gambling, and are often designed to do so. But no matter what they do, they're just not as potent as real money gambling. The pull isn't the same when it's not done with real cash, they tend to be less ruthless and it seems that a smaller proportion of people is potentially susceptible to F2P addiction compared to real gambling. For the right people, they can be very wallet-draining but it doesn't seem many go into homelessness like with gambling. What's a "TV shopping network addiction"? I tried searching it, and I can only find isolated news articles from 5-15 years ago that report on it purely because of how unusual this is. Going to file this under 'people can get behaviorally addicted to anything', what a strange example. Do you even know anyone who has bought anything from a TV shopping network, let alone a 'significant number' that are left destitute? The reason why people disagree with you is because the hair-splitting between different types of addictions seems very pedantic. Clearly people think that gambling addiction is not even on the same scale of addiction than the other examples. If F2P games are cocaine, then gambling is heroin. There is a reason why gambling is taking over Western economies so rapidly, but not any of those other things - it's just too good at exploiting people's brains. So when gambling addiction is so potent that it goes off the chart compared to any of the dozens of other things that can be psychologically addictive, people aren't particularly interested in finding the exact point where it's too much for society to bear - they just know that gambling is far beyond that point. |
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| ▲ | unethical_ban 3 hours ago | parent | prev | next [-] | | Yes they can be, and gambling is definitely a different psychological mechanism with different financial outcomes than hobbies or collecting. | | |
| ▲ | Ferret7446 2 hours ago | parent | next [-] | | I have heard that boating and aviation have similar financial financial outcomes to gambling. Keep in mind that the majority (way more than 50%) of people can engage with gambling safely, it is a minority that get into trouble | | |
| ▲ | tavavex 2 hours ago | parent [-] | | > I have heard that boating and aviation have similar financial financial outcomes to gambling. But is that because you're betting at the repair shop to pull a mint condition replacement engine for your plane, or because people find a way in by paying a bearable upfront cost and then find themselves drowning in unexpected additional expenses associated with these hobbies far beyond the price of a boat or plane? To me it seems like the second one, so it's not a very useful comparison to gambling, it's just a lack of knowledge, foresight and financial literacy. The gambling industry keeps refining their strategies all the time, new technologies have been a godsend to them. So I wouldn't rely on statistics all too much, because their goal is to use all psychological tricks that can be exploited in our brains to make us make the wrong decision and head down that path. Their effectiveness increases, and so are the depths to which they can get people to sink in their addictions. If you can engage with it safely right now, that is no predictor of how you'll react to the state of gambling in 3, 5 or 10 years. It's like as if the alcohol industry was allowed to invent brand new drugs and sell them without any oversight, targeting maximum potency and addiction and constantly refining their formulations. |
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| ▲ | pfisch 2 hours ago | parent | prev [-] | | f2p games and tv shopping network addictions absolutely leave a significant number of people destitute. There are many other hobbies/forms of entertainment that can easily consume significant resources and leave some % of their userbase in serious financial trouble/ruin their lives. Also I'm not sure it is correct to define morality by trying to connect how expensive a hobby/form of entertainment to whether it is immoral. | | |
| ▲ | intended 2 hours ago | parent [-] | | Not at all in comparison to gambling, and the F2P model is a scourge which gamers themselves pointed out was poisonous. Regulation has increasingly been catching up to it. We have an entire science built around gambling, and we know how to titrate the payoffs and reward schedules to get people increasingly addicted. Our movies/stories aren’t actively (yet) changing themselves to maximize their ability to keep you pressing coins into a slot, or when to string you along. |
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| ▲ | JKCalhoun 3 hours ago | parent | prev [-] | | Bowling with friends? |
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| ▲ | stronglikedan 4 hours ago | parent | prev [-] |
| Many people enjoy gambling, and relatively few have a "problem", so "negative public good" is doing a lot of work there. DraftKings may indeed by unethical, but that doesn't mean that all or even most others are. |
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| ▲ | SaucyWrong 4 hours ago | parent | next [-] | | In my state (Massachusetts), the number of people who call in to the state’s gambling problem hotline doubled after online sports books became legalized. That is, by definition, a negative effect on the public good. The net number of people seeking help for gambling problems increased by 100%. | | |
| ▲ | pbronez 4 hours ago | parent [-] | | It’s definitely bad that twice as many people have a gambling problem. However to assess the NET impact you also have to count how much value/fun/whatever the non-problem-gamblers are having, plus whatever tax revenues you get, increased economic activity from more attention on sports, etc. Personally I think these companies suck. Just need more work to make a strong good faith argument about it. | | |
| ▲ | vintermann 3 hours ago | parent | next [-] | | I think an important question to ask is: how much of a company's income comes from harmful use? Gambling (and some other industries, in particular alcohol) come out so bad on this metric, you can practically let the industry define excessive use themselves. In order to claim most of their money comes from "healthy normal entertainment use" or similar, they'd have to claim absurd things, such as that drinking a bottle of whisky per day or spending your entire paycheck each month on slots can be healthy, normal use. | |
| ▲ | AlexandrB 3 hours ago | parent | prev [-] | | My problem with sports gambling is that all these companies are lying. If you win a lot you get (the gambling equivalent of) shadow banned[1]. The provider pretends they're providing a game where you can "win big" and it's all up to your knowledge of sports, but the reality is that it's a skewed playing field where you can either lose or lose more. The common industry explanation is that this is because they would be unprofitable if they allowed "winners" to keep betting, which tells you everything you need to know. These businesses can only exist because they're allowed to skew the odds in their favour. Eliminate this unfair practice and the problem goes away on its own. [1] https://www.theguardian.com/society/2022/feb/19/stake-factor... | | |
| ▲ | VBprogrammer 2 hours ago | parent | next [-] | | Yeah, I've worked in the industry for a long time. I think good regulation would prevent per punter limits. I don't really see why doing this would make the industry unprofitable, the odds have a margin baked in, exactly the same as a 0 (and in the US the 00) in roulette. Worst case they would have to increase the margin, which maybe isn't so good for casual players but at least it's a level playing field. I also find the common implementation of in-play delay poor. The way it generally works is a delay is applied before confirming the bet, anything which changes (including pricing) causes the bet to be rejected. The main reason for this is that the traders sometimes only have access to something like sky sports so their feed is quite far behind someone at the stadium. I feel like in reality it should be based on official timings. | |
| ▲ | erfgh 3 hours ago | parent | prev | next [-] | | They will just switch to a betting exchange model where the house gets a percentage of the turnover and the rest is distributed to the players. Under this model there is no incentive to ban winners. | | |
| ▲ | VBprogrammer 3 hours ago | parent [-] | | The problem with this is liquidity, particularly well before an event. It's why the original exchange (or at least the first one I'm aware of) also now offer a normal sportsbook. |
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| ▲ | lordnacho 3 hours ago | parent | prev [-] | | But the two big players in question do not do this, do they? |
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| ▲ | frumplestlatz 4 hours ago | parent | prev [-] | | Gambling is extractive by definition, so I’m not particularly convinced that it’s not a problem for most of the people that “enjoy” it. | | |
| ▲ | davewritescode 3 hours ago | parent | next [-] | | I have worked in gaming before so feel free to disregard my opinion but I truly do enjoy occasional betting and while its hard to argue it’s a net positive in my life it has never caused any financial hardship. Betting $25 on a game hijacks something in my brain that treats it like a fun problem to solve. It gets me interested in teams that I’d otherwise have no interest in. I’ve been betting on sports since the days of offshore betting sites and I can’t say I’ve ever lost or gained more than a few hundred dollars a year. I’m an adult and I enjoy being able to gamble on sports. It’s never been a problem for me and I suspect it never will be because of the way I do treat it, strictly something to be done for fun. I grew up in a household where family members also went to casinos and bet on sports responsibly so it was drilled into my head that you can’t ever beat the house and you should never bet what you couldn’t afford to lose. What business do you have telling me what I’m allowed to do with my own money for fun? | | |
| ▲ | TheOtherHobbes 3 hours ago | parent | next [-] | | I'm someone who thinks corporations shouldn't be free to prey lawlessly on emotional weaknesses. What business do you have telling everyone your personal experience justifies the horror others experience? If you couldn't put down that $25, would you really not be able to find some other way to entertain yourself? | | |
| ▲ | davewritescode 2 hours ago | parent [-] | | Making gambling illegal doesn’t make it just go away. My Grandfather used to bet on sports in 40s and 50s with a local bookie. The bookies even ran sweepstakes which resembled the modern day lotto which my great grandmother played every week. People like to gamble we need it legalized with reasonable regulations. What my big problem is that Wall St and the wider market seems to be trending to the least ethical companies (Kalshi, Polymarket, Bettr) are running unregulated gambling operations, providing 0 tax money to offset societal costs and are denying what they’re offering is gambling at all and even promising you can make money off it. |
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| ▲ | JohnTHaller 2 hours ago | parent | prev [-] | | The fact that you and the industry try to call it "gaming" is still such a scummy thing. It's gambling. Call it what it is. |
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| ▲ | ekholm_e 3 hours ago | parent | prev | next [-] | | I mean, it depends. Gambling in moderation is fine, and it can be fun. Aside from concerns about supporting casinos/gambling companies (which I'll acknowledge are real), I don't see any difference between paying $200 to play blackjack for a couple of hours and paying $200 for some other form of entertainment (e.g. attending a live show). | |
| ▲ | boelboel 4 hours ago | parent | prev [-] | | Gambling isn't all the same, betting on horse races in person can be quite an enjoyable experience it's not nearly as accessible as online gambling. |
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