Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Young men face high risk for gambling addiction as sports betting surges:experts

nypost.com

Post reply on HN
Print view View original

31–40 of 51 posts

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#31

Post by serf »

Fuzzwah wrote: post #14
xuki wrote: post #5

Earlier quoted context omitted.

We need a real life adblock.

That's called regulation. Proven to work many times over.

regulation is impotent when it targets industry specifics rather than regulating adversarial psychology elements and the behaviors themselves.

it's a nice feel-good political ticket for would-be politicians, but all it does is create an arms race whack-a-mole condition for every single new industry that pops up and requires new regulation.

considering gambling : in the U.S. we outlaw new forms of gambling all day, but never dare to touch concepts that empower the gambling like addictive behavior psychology, short-term high-interest legal loan-sharking, whatever. We just ban the specific sports-bet-whatever and wait for the next one to sprout up, it's largely ineffective, that's why we're still talking about it.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#32

Post by xuki »

Fuzzwah wrote: post #14
xuki wrote: post #5

Earlier quoted context omitted.

We need a real life adblock.

That's called regulation. Proven to work many times over.

Not just for gambling ads, all ads. Something like the Vision Pro but as unintrusive as normal glasses today and running an open platform.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#34

Post by gruez »

kelseyfrog wrote: post #25
woooooo wrote: post #19

Earlier quoted context omitted.

I'm assuming it's satire, but just in case, there's a whole body of economics built around recognizing market participant irrationality and trying to cope with it given Econ 101 assumptions.

I'm curious, what are they? I sense there's something for me to learn here.

https://en.wikipedia.org/wiki/Behavioral_economics

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#35

Post by chiefalchemist »

castrodd wrote: post #2

I find it difficult to watch any sports these days because you are just constantly bombarded with sports betting ads and tie-ins. I have absolutely no interest in throwing my money away on sports bets and yet even I find myself wondering if I should try it out or maybe I could just open a trial account. It's dangerous and disappointing that this is the direction that all the major sports leagues are heading.

I sometimes listen to sport's radio and sometimes - too often - it's unlistenable. Too much focus on betting and no enough on the actual sports. I cringe when the shows' hosts talking about their personal betting.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#36

Post by cf1241290841 »

fardo wrote: post #28
kelseyfrog wrote: post #8

I don't understand. There's obviously a market for it. Can't folks decide that the price is too high? Are we really willing to accept that agents aren't rational? Wouldn't that have severe implications for other markets?

> Can't folks decide that the price is too high? If you look at drug addicts as a group, the answer is often a direct and emphatic “no, they can’t” - the drug alters the way they perform that price calculus such that many of them will spend their last dollar, go deeply in debt, and do terrible things to continually chase a high. Drug policy has had many failures in the US, but there does seem to be a correct nugget o…

>If you look at drug addicts as a group,

What makes you think you arent just looking at the extremly visible dysfunction subgroup? How many cocaine consuming banksters do you know and what does that say about the completeness of your perspective? I think there is a good argument to be made that you are over generalizing from a stereotype.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#37

Post by nickpeterson »

sianemo wrote: post #26
Fuzzwah wrote: post #21

Tangential comment, I'm a passionate follower of formula one and have realised that basically anything advertised on F1 cars is "bad". Cigarettes are the obvious historical example, FTX is the more recent one. There's many that are socially acceptable at the moment but only with the caveat of either "in moderation" or "for responsible adults": energy drinks, crypto, etc. Google Chrome is one that a decent debate coul…

Dynamics is Microsoft (somewhat poorly) making a Salesforce for people who are all-in on the Microsoft ecosystem. In terms of collective human suffering caused per year of existence I would say it's on par with the rest of the stuff you've mentioned.

That’s uncalled for, people temporarily enjoy drinking and smoking, nobody temporarily enjoys microsoft dynamics.

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#38

Post by [deleted] »

castrodd wrote: post #2

I find it difficult to watch any sports these days because you are just constantly bombarded with sports betting ads and tie-ins. I have absolutely no interest in throwing my money away on sports bets and yet even I find myself wondering if I should try it out or maybe I could just open a trial account. It's dangerous and disappointing that this is the direction that all the major sports leagues are heading.

[deleted]

Re: Young men face high risk for gambling addiction as sports betting surges:experts

#40

Post by xboxnolifes »

cf1241290841 wrote: post #36
fardo wrote: post #28

Earlier quoted context omitted.

> Can't folks decide that the price is too high? If you look at drug addicts as a group, the answer is often a direct and emphatic “no, they can’t” - the drug alters the way they perform that price calculus such that many of them will spend their last dollar, go deeply in debt, and do terrible things to continually chase a high. Drug policy has had many failures in the US, but there does seem to be a correct nugget o…

>If you look at drug addicts as a group, What makes you think you arent just looking at the extremly visible dysfunction subgroup? How many cocaine consuming banksters do you know and what does that say about the completeness of your perspective? I think there is a good argument to be made that you are over generalizing from a stereotype.

So, you agree there is a subgroup of people that stop being rational agents in the presence of drugs?
Post reply on HN