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[parent] [thread] 2 comments
1. andrew+(OP)[view] [source] 2024-09-26 17:10:35
This is a good argument against lotteries but not as good an argument against sports gambling. If you are better at sports prediction than the bookmakers, you can make money. Nobody gambles as an "average person", they gamble as themselves, and convincing an individual that they personally are bad at predicting outcomes requires more than saying "most people can't do it".

People see it as a game of skill where they win money from people who are worse at that skill than they are.

replies(2): >>gensym+Ir1 >>locall+Sv1
2. gensym+Ir1[view] [source] 2024-09-27 04:51:16
>>andrew+(OP)
Except if you are actually better than the bookmakers, the platforms will kick you off as soon as they detect that.
3. locall+Sv1[view] [source] 2024-09-27 05:40:52
>>andrew+(OP)
You can't be better or beat the bookies because you don't play the same game. Their game is to get the money placed evenly on all outcomes so that their payout is the same no matter what happens. And people betting are in the business of predicting the future which is a fool's errand. You might think you're above average, but once you realize the game is setup so that the house always wins, you realize it's tough to get out of the hole.
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