"It sucks that someone potentially tricked a temperature sensor with a hairdryer to scam actual gamblers out of potential winnings" really missed a chance to say it blows.
"actual gamblers"
Real Gamers
Someone allegedly used a hairdryer to rig Polymarket weather bets
61–67 of 67 posts
Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#62Earlier quoted context omitted.
It’s a scam when the house takes $1 from that $100 each time. These unlicensed internet gambling halls most certainly take their cut, whatever that amount is.
Your definition of scam is terrible
“ If you and I flip a coin for $100, there's no scam.” statistically over a time with a fair coin, they’re coming out even.
Add in the house taking a cut each time, now everyone but the house is guaranteed to lose.
Sounds like a scam to me
Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#63Earlier quoted context omitted.
Your definition of scam is terrible
“ If you and I flip a coin for $100, there's no scam.” statistically over a time with a fair coin, they’re coming out even. Add in the house taking a cut each time, now everyone but the house is guaranteed to lose. Sounds like a scam to me
> now everyone but the house is guaranteed to lose.
Gambling is about more than making money. Most gamblers do not expect to win, they do it because its entertaining. Paying $1 for the opportunity to participate in the coin flip is something many people are happy to do. Negative EV does not equal losing because you forgot to include the entertainment value.
Scams involve deception. There is no deception in a business that is upfront about taking a fee to match gamblers.
Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#64Earlier quoted context omitted.
You seem to ignore the fact that most people know how bad alcohol, gambling, cigarettes and other addictive things are, yet they still choose them and then suffer consequences. If you asked someone whether they wanted to get ass cancer and they told you: "yeah, yolo", wouldn't it be a contempt-worthy choice? It would.
Nah I just have compassion for people. For one thing, not everybody knows how bad those things are. If all you see is that "fun uncle" who's always drunk, you learn that drinking isn't so bad. Couple that with being bombarded by positive messages around drinking and the popular belief that anything in moderation is OK, and you end up doing them. The very act of doing them obscures the consequences you are suffering.…
I also have compassion, and come from (and live in) a country with pretty hardcore drinking culture.
And yet even the "fun uncle" himself knows how bad it is. Before the family gathers and drinks vodka like there is no tomorrow, everyone is aware that it's poison, what they will feel tomorrow, that someone will need to take care of then uncle somehow, and nobody is really even pretending that it's just fun and harmless.
Ultimately it's all about making conscious decisions or not. One could argue, maybe, that inability to make good decisions in obvious situations is the real disease, but it's not really a thing in our culture - or maybe it's actually the same thing you mentioned with chemicals: once you make the stupid decision to drink, vodka is also being used as an explanation for other stupid decisions, making it harder to see one's weaknesses? Not sure.
Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#65Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#66Earlier quoted context omitted.
“ If you and I flip a coin for $100, there's no scam.” statistically over a time with a fair coin, they’re coming out even. Add in the house taking a cut each time, now everyone but the house is guaranteed to lose. Sounds like a scam to me
> now everyone but the house is guaranteed to lose. Gambling is about more than making money. Most gamblers do not expect to win, they do it because its entertaining. Paying $1 for the opportunity to participate in the coin flip is something many people are happy to do. Negative EV does not equal losing because you forgot to include the entertainment value. Scams involve deception. There is no deception in a business…
If gambling wasn’t about the money then it wouldn’t be centered around money.
Re: Someone allegedly used a hairdryer to rig Polymarket weather bets
#67[flagged]