3 ms·
Isn't this also more unique since they're trading futures contracts vs whatever a traditional sports bet is? I thought it was kind of a clever end run around t
by msandford 1mo ago
Isn't this also more unique since they're trading futures contracts vs whatever a traditional sports bet is? I thought it was kind of a clever end run around the law where taking down their gig would also mean that you have to attack commodities futures contracts as well and that the Congress would be loathe to do that lest they accidentally outlaw the stock market.
When I say "clever" I don't mean"good" I mean "crafty". You acknowledge someone has game without condoning their behavior or extolling it as virtuous.
- RunSet 1mo agohttps://www.merriam-webster.com/dictionary/low%20cunning https://www.merriam-webster.com/dictionary/low%20cunning
- gamblor956 1mo agoIt's not clever at all. Congress didn't eliminate the federal prohibition on sports gambling when they created the CFTC. Ergo, it is clear that Congress did not intend for sports gambling transactions to be within the jurisdiction of the CFTC. The only clever thing they did was putting members of the Trump family on their board.