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[parent] [thread] 3 comments
1. jeremy+(OP)[view] [source] 2024-09-27 17:23:01
Everyone knows you'll get banned for counting cards at Blackjack, but they don't have to catch you red handed. They just have to catch you winning too much. Fixing sporting events is very lucrative and there are criminals doing it. Probably not in the NFL, but it definitely happens still in individual sports like boxing. A blanket policy of banning people who win a statistically impossible amount seems reasonable.
replies(1): >>llamai+D3
2. llamai+D3[view] [source] 2024-09-27 17:40:28
>>jeremy+(OP)
It's not "a statistically impossible amount." That sounds like another great regulation to put in place though. If they can prove cheating or statistical unlikeliness then go ahead.

Regarding "everyone knows" - right! Does "everyone know" this about sports betting apps? If no, then they should. If yes, then no problem requiring unambiguous disclosures.

replies(1): >>currym+15
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3. currym+15[view] [source] [discussion] 2024-09-27 17:48:09
>>llamai+D3
i think the number of random gamblers who get so consistently lucky that their bet size gets reduced, is probably quite small. this is because you usually lose money betting on sports, because sports betting is bad. it's mainly going to be people doing obvious arbitrage, and secondarily people who truly are professional gamblers.

this can also be spun in a positive way: if that does ever happen, the bookies are literally forcing someone to quit when they are ahead! isn't that considerate of them.

unfortunately, i think sports betting platforms just have many strong arguments that controlling bet sizes in this way is fine.

replies(1): >>llamai+f8
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4. llamai+f8[view] [source] [discussion] 2024-09-27 18:03:23
>>currym+15
Then no harm done in requiring that disclosure before people make an account!

Of course the entire business is built on creating the belief that a user can make a ton of money. Due to this mechanic, this is an actual lie.

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