4 ms·

>punishing gamblers, eventually people will learn to stay away from it Just like casinos?

• kergonath 5y ago
  Casinos are deemed acceptable and gamblers are (somewhat) protected instead. Instead of avoiding the bad situation, it makes it less bad. It’s just a different risk management strategy; prohibition would not be ideal either.
  • wpietri 5y ago
    I think jayd16's point is that everybody knows that casinos are negative sum and have for a long time. But still, they continue to exist. So we can't assume, as ravar does, that in the long run the market will eliminate negative-sum things.
    • kergonath 5y ago
      Right. My point was that we don't punish gamblers. instead we regulate the environment in which they gamble to limit the extent of the damage. Otherwise, yeah. Negative things don't disappear just because they are negative.