Sports betting is everywhere, especially on credit reports

Post by HWR_14 » Sat, Mar 28, 2026, 5:37 AM UTC

rmunn wrote: post #26

erulabs wrote: post #2

0.5% increase in credit delinquency rates over 3 years feels... underwhelming. I'm not a gambler and I personally find gambling morally questionable and intellectually embarrassing, but golly I'm tired of sports gambling being pointed in a sort of "see, freedom doesn't work!" sort of way. 1% of people will ruin their lives no matter what society does to prevent it. If you have a gambling problem (if it even appeals t…

Percentage increases, and the phrase "X% more likely", are usually quite ambiguous. I wish more people would tell you whether they mean absolute or relative increases. E.g., if (numbers made up for example) 0.5% of the general population are delinquent in credit, but 1% of gamblers are delinquent, then you could report that as either a 0.5% increase (absolute) or a 100% increase (relative). Which one people choose of…

Post by HWR_14 » Sat, Mar 28, 2026, 5:47 AM UTC

eru wrote: post #25

originalvichy wrote: post #4

I’m waiting for this to affect more young men from my country of Finland. Decades of a government monopoly on gambling was dismantled, and the market is being opened up for foreign companies buying licenses to operate. It feels like there is a global wave of reintroducing every ”vice” that was somehow curbed with laws and restrictions. Nicotine? Cigarettes were so expensive that young people didn’t even bother, until…

Nicotine is actually good for you (at least no worse than caffeine). It's all the other stuff in tar that's bad for you. And that part of the smoke is bad pretty much whatever you burn. Vaping avoids most of that.

Post by eru » Sat, Mar 28, 2026, 7:05 AM UTC

xboxnolifes wrote: post #34

eru wrote: post #23

Earlier quoted context omitted.

Well, 'sports' itself is predatory and causes lots of young people to trash their health for the amusement of onlookers. I say 'sports' to mean the stuff people watch on TV and in stadiums. You going for a run or kicking a ball with friends is fine. It's audience-driven sports that are bad. A bit of betting is small fry by comparison.

A few thousand athletes making millions of dollars being amusements for onlookers vs tens of thousands of people ruining their financial lives from gambling

Post by eru » Sat, Mar 28, 2026, 7:07 AM UTC

nofriend wrote: post #31

eru wrote: post #21

Earlier quoted context omitted.

> If it's going to be made legal, it needs to be justified, rather than there needing to be justification for making it illegal. Huh, why? > It was banned most everywhere, then with no public debate on the subject, much less consensus, all of a sudden it was legal and in your face wherever you went. They didn't change any laws, did they? So it was as legal earlier as it is now, isn't it? It's just that someone found…

> Huh, why? The opposite change was already justified, it would obviously be ridiculous to have to constantly rejustify every law in our society. > They didn't change any laws, did they? So it was as legal earlier as it is now, isn't it? It's just that someone found the right loophole that was always there. I do not know nor do I particularly care.

Post by zoklet-enjoyer » Sat, Mar 28, 2026, 10:46 AM UTC

orwin wrote: post #48

zoklet-enjoyer wrote: post #20

Earlier quoted context omitted.

Here's the justification; it's my money and I'll spend it how I like

If I recall correctly, the ban wasn't on you betting with your friend group, but on casino accepting your bets.