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Functionally more like parimutuel bets, then? I don’t gamble (on sports or anything else), so I haven’t paid these much attention (though the nonstop betting ad
by devilbunny 1y ago
Functionally more like parimutuel bets, then? I don’t gamble (on sports or anything else), so I haven’t paid these much attention (though the nonstop betting ads have made watching pro sports much less pleasant).
- Buttons840 1y agoIt's a bit of a conspiracy, but ultimately there is more money in sports betting than in the sport itself, and thus eventually the money will win and sports will just be a mechanism for gambling. The leagues will ultimately be controlled by those who run the gambling and have more money and power than the league itself.
- devilbunny 1y agoOne of the underappreciated concepts behind vice laws is that they function to prevent large-scale coopting of entire industries this way. In theory, at least.