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I don't understand how this is unethical. Maybe I'm missing something. Back in college, one of the guys I worked with would manage a 'numbers' game for one of
by debacle 14y ago
I don't understand how this is unethical. Maybe I'm missing something.
Back in college, one of the guys I worked with would manage a 'numbers' game for one of his 'uncles.' He had an encyclopedic knowledge how the state lottery worked, and how to prevent oneself from falling afoul of state laws with regards to gambling.
Like any gambling, the house always wins - in this instance, the house is the state or whatever corporate entity that the state leases its legalized stupid tax operation to.
It says they had 8 million in winnings, but they spent nearly 40 million dollars to secure that 8 million in winnings. That's 20% ROI over seven years. They could have put the money in a CD and earned almost as much or more.