4 ms·

I don't usually see advertisements, but I was in a position recently to see a real-life television stream, and I was quite surprised to see them run an advertis

I don't usually see advertisements, but I was in a position recently to see a real-life television stream, and I was quite surprised to see them run an advertisement for Kalshi. I was pretty surprised that something like this would be advertised to normal people. I'd half expect the next ad to be for a hitman, or for beating your wife, or something. Seems crazy that this is tolerated whatsoever.

ericmcer 4mo ago
In the early 2000s major sports didn't even want to run "enjoy a vacation to Las Vegas" ads because of the loose connection to gambling. Now they encourage users to bet as part of the commentary.
- ninkendo 4mo ago
  You know how a clear sign of a “bad neighborhood” is when you see a large percentage of payday loan buildings, liquor stores, gun stores, etc? I see the percentage of advertising devoted to gambling to be a similar bellwether to the decline of my whole country. And it’s getting worse all the time. I can’t turn on the tv, look at billboards on the freeway, watch a sporting event, or even walk down a supermarket checkout without getting constantly reminded of how far we’ve fallen.
  - deleted 4mo ago
    [deleted]
  - danlugo92 4mo ago
    250 years is the average empire's age of death
  - haritha-j 4mo ago
    Agreed, and also more and more emphasis on industries that try to make money off of moving money (gambling, trading etc.), as oppposed actaully creating value is probably also a contributing factor.
thesimon 4mo ago
It is mostly just sports betting https://closingline.substack.com/p/the-takeaway-kalshi-non-sports-volume https://closingline.substack.com/p/the-takeaway-kalshi-non-s...
emptyfile 4mo ago
[dead]
zemo 4mo ago
in Chicago near Wrigley Field (the Cubs stadium), the closest train stop (Addison) was basically wall to wall (some on the floor too) DraftKings advertisements until recently because they have a physical sports betting bar adjacent to Wrigley Field. After the latest round of elections they're closing that location so the ads came down.
dzhiurgis 4mo ago
How is it any worse than ads for beer or sugar water?
- hackyhacky 4mo ago
  Until recently, gambling was illegal in most of the United States.
  - jimnotgym 4mo ago
    And it is regulated in many (most?) other countries and requires a licence to be a bookmaker. Hence the ban
altacc 4mo ago
They need "normal people", or rather they need normal people's money to funnel to the small number of people who make most of the winnings on these sites. Gambling companies' profits rely largely on addicts who spend big and to get those addicts hooked you need a lot of people to have a go.

ericmcer 4mo ago

In the early 2000s major sports didn't even want to run "enjoy a vacation to Las Vegas" ads because of the loose connection to gambling. Now they encourage users to bet as part of the commentary.

ninkendo 4mo ago
You know how a clear sign of a “bad neighborhood” is when you see a large percentage of payday loan buildings, liquor stores, gun stores, etc? I see the percentage of advertising devoted to gambling to be a similar bellwether to the decline of my whole country. And it’s getting worse all the time. I can’t turn on the tv, look at billboards on the freeway, watch a sporting event, or even walk down a supermarket checkout without getting constantly reminded of how far we’ve fallen.
- deleted 4mo ago
  [deleted]
- danlugo92 4mo ago
  250 years is the average empire's age of death
- haritha-j 4mo ago
  Agreed, and also more and more emphasis on industries that try to make money off of moving money (gambling, trading etc.), as oppposed actaully creating value is probably also a contributing factor.

thesimon 4mo ago

It is mostly just sports betting https://closingline.substack.com/p/the-takeaway-kalshi-non-sports-volume https://closingline.substack.com/p/the-takeaway-kalshi-non-s...

emptyfile 4mo ago

[dead]

zemo 4mo ago

in Chicago near Wrigley Field (the Cubs stadium), the closest train stop (Addison) was basically wall to wall (some on the floor too) DraftKings advertisements until recently because they have a physical sports betting bar adjacent to Wrigley Field. After the latest round of elections they're closing that location so the ads came down.

dzhiurgis 4mo ago

How is it any worse than ads for beer or sugar water?

hackyhacky 4mo ago
Until recently, gambling was illegal in most of the United States.
- jimnotgym 4mo ago
  And it is regulated in many (most?) other countries and requires a licence to be a bookmaker. Hence the ban

altacc 4mo ago

They need "normal people", or rather they need normal people's money to funnel to the small number of people who make most of the winnings on these sites. Gambling companies' profits rely largely on addicts who spend big and to get those addicts hooked you need a lot of people to have a go.