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Americans increasingly see legal sports betting as a bad thing for society

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Re: Americans increasingly see legal sports betting as a bad thing for society

#521

Post by usefulcat »

nerdsniper wrote: post #489
usefulcat wrote: post #448

Earlier quoted context omitted.

I don't think it's reasonable to compare the risk of suffering a large loss with the risk of missing out on a large gain. If your annual income is $N, missing out on a gain of $N is bad, but not nearly as bad a suffering a loss of $N.

The median American has $8,000 in their bank accounts. Most of the individual people buying insurance generally can't lose $N, because they have Both cases (lottery and insurance) are paying an affordable amount of money for a chance to avoid complete financial ruin.

I guess I'm just not seeing how it makes sense to describe missing out on an unexpected windfall as a failure to "avoid complete financial ruin".

Like, if I have $N of equity in my house and it burns down and it's not insured, then I've just lost $N regardless of what is or is not in my bank account. IMO there's really no comparison between that scenario and missing out on winning $N because I didn't buy a winning lottery ticket.

Re: Americans increasingly see legal sports betting as a bad thing for society

#522

Post by soulofmischief »

kriops wrote: post #501
soulofmischief wrote: post #497

Earlier quoted context omitted.

Can you give a less vague answer?

No. Normally I would, but you are either being lazy or just plain acting in bad faith. 1. My answer is not vague. You are refusing to look up the critical definition. 2. Everything you have brought up (except for the theism bit, which is just completely off-topic) was preemptively addressed in my initial comment.

Then please provide the excerpt of your initial comment which address which addresses the power imbalances I described.

Re: Americans increasingly see legal sports betting as a bad thing for society

#523

Post by soulofmischief »

dist-epoch wrote: post #318
throwaway2037 wrote: post #236

Earlier quoted context omitted.

I was reading this chain of responses. They are great. The two of you are very thoughtful in your world view. About your last paragraph: How do you feel about other OECD (highly developed) countries that do not allow personal gun ownership (except for hunting and sport shooting (clays, etc.)? Take Japan for example: Except for hunting and sport shooting, ownership of guns is not allowed. How do you feel about it?

If there are no guns around, and if the Police is competent, I would be against allowing guns. But the police must do it's job. Take Sweden, criminality is now rampant there, criminals are using grenades. https://en.wikipedia.org/wiki/List_of_grenade_attacks_in_Swe...

The entire point of defense against tyranny is because today's well-behaved police can be tomorrow's racist State thugs. Authoritarianism is a ratchet.

Re: Americans increasingly see legal sports betting as a bad thing for society

#524

Post by forkeep »

yieldcrv wrote: post #288
adriand wrote: post #266

Earlier quoted context omitted.

I’m genuinely curious to what extent the hardships younger people face economically are related to wasting huge amounts of time on screens. The average Gen Z person spends nine hours per day on screens. The average 18-24 year old American spends more than three hours per day just on social media. I recognize all the various societal and structural factors that disadvantage younger people. At the same time, people hav…

> Do I have a point or is this just victim blaming? A little bit of column A, a little bit of column B so the nihilism is real and warranted, if they don't inherit at least a downpayment for a house from you while you are still alive, the jobs available - even for highly pedigreed people - don't provide the income for the downpayment, for the most part. they would need arbitrage with high paying work in a very low co…

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Re: Americans increasingly see legal sports betting as a bad thing for society

#525

Post by forkeep »

yieldcrv wrote: post #314
adriand wrote: post #305

Earlier quoted context omitted.

I appreciate the thoughtful reply. I guess one theory, then, of excessive screen time is nihilistic too: if you can’t get ahead, why not spend your time absorbed in an alternate reality, perhaps including alternate realities where you can get ahead, like GTA. That said, what I see in young people around me (because of my age, there’s quite a few) is a lot of addiction, not nihilism. These are kids with opportunities…

> if you can’t get ahead, why not spend your time absorbed in an alternate reality, perhaps including alternate realities where you can get ahead, like GTA ... That said, what I see in young people around me (because of my age, there’s quite a few) is a lot of addiction, not nihilism. I think we both conclude that its not a conscious choice, screens are addictive. I also think many people levying this scrutiny are ju…

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