211–220 of 424 posts
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This would just push everyone to unlicensed casinos/bookmakers . Means no tax revenue + even worse player protection.
make this severely illegal with minimum two decades behind bars and what how they disappear… this is a very solvable problem which no one wants to solve
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It’s a cash advance since you’re not purchasing goods or services with the card.
Not necessarily, I mean if you buy a in-game item or currency that wouldn't be a cash advance so with this they could just say you bought $20 worth of credits and since you're buying credits that could be considered a good.
Gambling is always classed as a cash advance. The gift cards trick has been tapped and closed, the credit companies figured it out decades ago.
I finally gave in to my curiosity and downloaded Kalshi last week to place a few bets on the World Cup. I was blown away how easy it was. I placed a bet with real money within 5 minutes of downloading the app. They allow instant deposits with credit card, and ID verification was real time. I can’t imagine that the extreme accessibility and the typical dark patterns deployed by every popular app won’t eventually end b…
All these gambling apps need regulation. And I fear they are buying politicians precisely so that doesn't happen. If I were to have my way, I'd put a law in place that limits bets to $5 max and monthly bets to $150 per month. Letting them go higher encourages some of the worst aspects of society. We will see crazy things like athletes being injured or murdered in order to win bets. We are already seeing crazy things…
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Would it matter if the bets were real and they picked the 0.00001% big winners to feature in the ad? Would that be less fraudulent in any meaningful sense, would it have a different impact on the world? Is the real crime here that they were too lazy to lie with selective facts?
In the US, the FTC is very clear that faking or purchasing testimonials is illegal. Fabricating, purchasing, or misrepresenting customer experience is deceptive advertising and is a form of fraud. On the other hand, selecting and advertising specific real testimonials is fine. A customer described their actual experience that way, and presumably the consumers understand that advertisers will select especially positiv…
Facebook and Google really have a lot to answer for. Where's the regulation that's been increasingly needed for the last decade?
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If it were just the one comment I wouldn't have said anything; the issue is the pattern (note the word "repeatedly").
You haven’t said anything, or at least I haven’t seen it. There’s no inbox here and I don’t always read old comments. If you have pointed it out before I don’t care, I haven’t seen it. If you want to point something out, then maybe email me about it the just time you see it, otherwise I’m not trolling through my old threads that often so you’ll have to accept that this is the first I’ve seen you ask. I’m respect your…
No affiliation, just a happy user. Also not trying to say you must use sth like that or anything, just a piece of software I’ve enjoyed. :-)
I finally gave in to my curiosity and downloaded Kalshi last week to place a few bets on the World Cup. I was blown away how easy it was. I placed a bet with real money within 5 minutes of downloading the app. They allow instant deposits with credit card, and ID verification was real time. I can’t imagine that the extreme accessibility and the typical dark patterns deployed by every popular app won’t eventually end b…
The U.S. is quite far behind the rest of the world on sports betting, which means you don’t even need to imagine, we know from other countries that it doesn’t end well. The most worrying aspect is, the current U.S. government has no interest in the regulations that have helped minimise the problems in other countries. The U.K’s highest earner for a few years running was the founder of a U.K. betting site, she had som…
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But these are "prediction markets", an entirely different thing that is definitely not gambling!
So they want you to believe, but I find I cannot take such claims seriously.