4 ms·
Gambling (in its many forms) has been getting out-of-hand for so many demographics recently. Not just loot boxes and in-game casinos, but cryptocurrency gambli
by ve55 6y ago
Gambling (in its many forms) has been getting out-of-hand for so many demographics recently.
Not just loot boxes and in-game casinos, but cryptocurrency gambling, sports betting, options and stock gambling, and much more. It seems like everywhere I go I enter huge gambling markets, and I see the same patterns of behavior in all of them, and the amount of people that are hurt terribly, sometimes to the point of complete financial ruin or even suicide, is immense. More immense than we believe if you ask me, because it's very shameful to admit this stuff, and I think most of it goes unnoticed.
In theory I like the idea of consumers getting to spend money however they want to, but it's clear that the downsides of letting apps manage their 'virtual item' gambling however they want to is terrible for so many consumers, and it's unfair how addictively-engineered these games are, often using optimization techniques and psychological tricks that the users do not understand, and doing whatever it takes to deceive people about their luck, odds, prospects, and so on.
Just that these companies will do anything they can to retain their whale shows how predatory it can be - they will not just offer free in-game items to keep you, but the true high-spends they will offer free products to like a free iPad or iPhone, and will sometimes dedicate significant employee time to using any trick they can to make sure these people keep spending their money on gambling.
- raxxorrax 6y agoAs a student I worked in a casino for a short time. It just really drags you down immensely if you get to know people spending their last dime. All kinds of people were there from completely different backgrounds. People know that the chances are rigged against them (it is mandatory in my country to write down winning odds directly on devices and tables), but they are all waiting on this one time they will finally win. Some do so, but just continue playing again because they cannot stop anymore. It is a disease and addiction and people are profiting off it. The coffee might be free as the bank always wins anyway.