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Defeatist nonsense, and wrong. The US was regulating this until Trump. A friendly regulatory environment is the only way paying out these bets at scale is possi
by mpalmer 7mo ago
Defeatist nonsense, and wrong. The US was regulating this until Trump. A friendly regulatory environment is the only way paying out these bets at scale is possible.
"Pushing it underground" discourages the majority of bettors from using it, and that is a good thing.
- qsera 7mo ago>"Pushing it underground" discourages the majority of bettors from using it, and that is a good thing. But don't you think that will be the "good" majority? And the "bad" minority will continue using the underground version?
- zbentley 7mo ago> the "bad" minority will continue using the underground version? …which they already did before this market was made mainstream.
- orwin 7mo agoWith way, way less money involved. Hence limiting the reach and power of this minority.
- qsera 7mo agoYes, makes sense. But may be there is also an upside. May be it would actually cause the people to take notice of what is going on around them and actually starting to use their brains (to make predictions) instead of simply consuming 24x7 news.