How is this kind of derivative trading any different than online poker on credit? Turns out the other guy had the nuts, well sucks to be a norwegian tax payer I

How is this kind of derivative trading any different than online poker on credit? Turns out the other guy had the nuts, well sucks to be a norwegian tax payer I guess. Yeah, sure we need liquidity and market makers do have a job, but this makes the nasdaq look like a mismanaged casino..