4 ms·
Sports gambling itself was illegal in most of America until the Supreme Court decided Murphy v. NCAA in 2018. The entirety of the legalized sports betting indu
by dcrazy 2y ago
Sports gambling itself was illegal in most of America until the Supreme Court decided Murphy v. NCAA in 2018.
The entirety of the legalized sports betting industry has emerged from essentially nothing and embedded itself thoroughly in the national sports psyche in the span of six years.
- password4321 2y agoNearly 1200 comments last month: Legalizing sports gambling was a mistake https://news.ycombinator.com/item?id=41659458 https://news.ycombinator.com/item?id=41659458
- linotype 2y agoI feel so bad for kids growing up watching sports now. The beer commercials were bad enough, now kids are going to grow up to be gambling addicts too.
- mrguyorama 2y ago"Video Games", I mean, digital slot machines with a game on the side was doing this just fine before sports gambling was legalized. Hell, even Lego is in on the Gacha action! Gambling is too profitable an endeavor to allow in a market economy. It only serves to snuff out all the oxygen for less scummy business.
- Nasrudith 2y agoI don't think lowering the profit margins of gambling would make the issue much better given the problems are in the externalities and non-rational acting of the gambler. Outside of perhaps very "technically correct" and restrictive, like literally restricting people to nickle bets per game, in which case time would probably be the bottleneck to financial ruination (leaving only time-consumption life ruination) and probably would drive gambling underground.
- girvo 2y agoThat's already true in Australia, sadly.
- yespocolypse 2y agoThe mob infamously exploited this widespread American tradition of sports gambling. The law merely legalized, not made it more or less American.
- seanw444 2y agoYeah I find it funny when people equate "legal" to "normal" or "acceptable". The prohibition is one such large example.