4 ms·
Serious gambling in most industries like casinos, NFTs, F2P and PTW games is all driven by whales[0]. Horse racing has been taken over by math whales, too. The
by dtagames 2y ago
Serious gambling in most industries like casinos, NFTs, F2P and PTW games is all driven by whales[0]. Horse racing has been taken over by math whales, too. The house knows the small fish are only there as food for the whales.
[0] Source: I'm a former dev at an NFT/F2P game studio owned by a large slot machine maker.
- MilnerRoute 2y agoTo your point... My dad once told me a story he'd heard about a casino that booked the hottest TV stars of 1979 to be the headlining show at their casino. Donnie & Marie Osmond. But despite the sold-out shows, they regretted the decision because it was such a family-friendly audience that almost nobody stuck around to bet big sums of money in the casino. The point of the story was that casinos like to make their money from big spenders losing big chunks of money. So much so that it affects decisions they make about which acts to book.
- Obscurity4340 2y agoTIL: Celine Dion's fans are all gambling addicts?
- MilnerRoute 2y agoThey probably gamble more than Donnie and Marie fans (and probably order more drinks). But I think you have to think of whales as high-bankrolled foreign tourists who want the opportunity to see big international superstars. (Celine Dion "gained international recognition by winning the 1988 Eurovision Song Contest," Wikipedia points out, and has sung "in several other languages including Japanese, Italian, German, Mandarin, Spanish, and Neapolitan...")
- deleted 2y ago[deleted]
- musicale 2y ago> Serious gambling in most industries like casinos, NFTs, F2P and PTW games I appreciate the accurate framing here. > NFT/F2P game studio owned by a large slot machine maker I wonder how common this is. I also wonder about the impact of sports betting apps, which seem to be everywhere.