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[return to "Legalizing sports gambling was a mistake"]
1. matthe+iR3[view] [source] 2024-09-27 18:55:48
>>jimbob+(OP)
I'm the founder of BeeBettor (YC S24). I've been working in this space for a while.

A lot of the points in the article are valid. I have two major issues with online sports betting (OSB) in the US.

1. Sports betting advertising before, during, and after games is horrendous. There is no way to watch sports without being bombarded. Obviously, this is a huge issue for problem gamblers. Sports become unwatchable.

2. Self-exclusion is impossible. There's 40+ sports betting apps available. There is no centralized body a person can say "hey don't let me bet anymore" and then be automatically restricted from betting across all apps. This is something I think we can help with in the near future.

So what can be done now? I don't think OSB is going to be redeclared illegal. I don't think that would be a good idea either. Millions of people have started sports betting. If it becomes illegal, it won't make them stop.

Happy to discuss this further. Email is in my profile.

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2. edot+0h5[view] [source] 2024-09-28 12:09:12
>>matthe+iR3
Am I wrong in thinking of your company not as Robinhood for Sports Betting, but rather Expedia for Sports Betting?

If you are successful in getting a majority of OSB companies to allow bets to be placed via your app, then I would think this would lead to the various odds and payouts all converging as price discovery becomes much simpler through one app. This would make OSB less profitable as an industry, right? I see this as a good thing, but then I think you’d run into issues with getting (the bigger) OSB companies pulling their API access from you so that they can’t be compared and bet on as easily.

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