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0 pointsACCount374mo ago0 comments

The sum is negative, really.

If you take $1000 from a few gambling addicts? You spend your own time and effort doing that - while the negative impact of that loss on their livelihood is likely to be larger than positive impact of your gain on your livelihood.

It's why gambling is usually regulated so heavily. Some people must have thought that sports-flavored gambling is going to be different - or were financially incentivized to think so. Turns out it isn't.

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ChrisMarshallNY4mo ago

> while the negative impact of that loss on their livelihood is likely to be larger than positive impact of your gain on your livelihood.

What's your point? /s Negative things happening to other people is "0," as long as you are getting something from it. In some cases, it may actually be "good," if you don't like the people suffering negative consequences.

This is not a trait that only applies to gambling. Almost every corporation on Earth takes the same attitude.

That's why unregulated capitalism is very bad.

master_crab4mo ago

Not parent but I think the point they’re making is that there is no productive value from gambling (regulated or not). Unlike, say, plane manufacturing which provides a positive good to society and also benefits from heavy regulation.

ChrisMarshallNY4mo ago

It was a joke. Sorry. I keep forgetting sarcasm doesn't translate.

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ChrisMarshallNY4mo ago

> while the negative impact of that loss on their livelihood is likely to be larger than positive impact of your gain on your livelihood.

This is not a trait that only applies to gambling. Almost every corporation on Earth takes the same attitude.

That's why unregulated capitalism is very bad.

master_crab4mo ago

ChrisMarshallNY4mo ago

It was a joke. Sorry. I keep forgetting sarcasm doesn't translate.

j / k navigate · click thread line to collapse