| ▲ | quickthrowman an hour ago | |
I’m not sure what you mean. A pyramid scheme uses new investor money to pay fake returns to those who have already invested. A casino provides games to bet on where expected value for the player is negative. A sportsbook balances their book by modifying the odds to remain as neutral as possible and capture the spread (see ‘vig’). There’s not a whole lot of similarity there. | ||
| ▲ | MOARDONGZPLZ an hour ago | parent [-] | |
Probably referring to online gambling specifically. And I would frame it as the folks who promote pyramid schemes are the same as those who promote online gambling. | ||