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[return to "Legalizing sports gambling was a mistake"]
1. vitorb+UI1[view] [source] 2024-09-27 03:50:16
>>jimbob+(OP)
Unfortunately Brazil also legalized it in 2018, after Dilma was impeached using very sketchy arguments (many call it a legal coup).

It is spreading as a cancer. This month the central bank published a report saying that in August 20% of the Bolsa Família, the largest money transfer program for very poor Brazilians, was spent on these bets.

Out of the 20 million people that receive it, 5 million made bets during that month. This is 2 billion reais (about $450M) spent in a single month by the poorest Brazilians.

It's a cancer. Everywhere you go there are ads. The influencers, the biggest athletes and musicians are marketing it.

Although I tend to be liberal, this needs to be heavily regulated.

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2. leonid+YI4[view] [source] 2024-09-28 03:26:09
>>vitorb+UI1
I'd argue that sports betting is not the biggest concern. What we saw was the rise of online cassinos after a new law in 2023 classified them as "sports betting" too.

Betting your team will win the tournament has a very delayed reward: the game needs to play out for hours/minutes before you know if you have won. Only hardcore gamblers experience instant rewards and becoming a 'serious' sports gambler is no easy task: you have learn about the sport, then teams, the players, the outcomes, the time of the matches, etc. Cassinos, on the other hand, are just an app with a lever that provides instantaneous rewards and thus hook your brain with much more intensity in a shorter time span. A lot of people who don't care about sports or just won't be hooked by sports betting are now trapped in those online cassinos. It's a shame.

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