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Mike_V posted:Is there a decent longform (or semi-longform) article about these sort of "under the hood" tactics that go on to make gambling even more predatory? I've got a class in the fall that will be touching on sports gambling for a class full of 20 year old dudes and I would like to have sort of a central thing to point to I would check out the gambling and corruption thread: https://forums.somethingawful.com/showthread.php?threadid=4031564 which has a bunch of articles that might be in the realm of what you're looking for, e.g.: They Were VIP Gamblers With Betting Problems. Now, They’re Suing DraftKings. How Cristiano Ronaldo and Lionel Messi’s sons became pawns in viral betting ploy gone awry Sportsbooks defend practice of limiting how much sharp customers can bet First Came the Sports Betting Boom. Now Comes the Backlash. In many U.S. states and across the world, regulators are cracking down on the sports gambling industry, citing harm to the public and, in some cases, to athletes. there is also a wealth of stuff on gacha games + lootboxes in mobile/video games, and that poo poo is studied down to a science, and that's all converging with the casino/sportsbook gaming/wagering industry. generally speaking, the way they structure their offers/etc is very simple and follows this chain of logic: --1% of customers will represent a disproportionate amount of revenue/profit (like 40%), or the top 5-10% can be upwards of 70-80%. these are your gambling addicts. --but there's no telling who fits the profile of a gambling addict. it could be moms, young men, old men, whoever. There are rough profiles, but a whale (addict) is a whale, and you never want to miss on those. --because of this, you want as many people in the door as possible, so you offer generous sign-on bonuses and rewards. You're trying to get as many people in the door as possible because you can't tell who is going to be an addict. --also to get people in the door, you offer really fun bets like parlays, which are great for marketing content (Tommy from Cleveland won $10,000 on a $4 bet last week!), but they also defray some of the potential loss on sign-up bets because they're so profitable. Sportsbooks have PHDs on staff running advanced models, and Jane Bettor the first-time gambler is not. She just wants the chance to win $10k. Also people are notoriously bad at telling the difference between 90% likelihood and 99%, or 99% and 99.9%, so casinos can really arbitrage people's intrinsic sense of oddsmaking. --also a lot of gambling addicts like parlays, and those whales (addicts) are super juicy, since they're making you even more money than a whale that just bets moneyline or whatever. --once you have a whale that fits your profile, you do whatever you can to keep them. That NYTimes article goes into horrifying detail about what the companies do to encourage the addicts. --if someone is winning too much, then somehow it's legal for you to just limit their action. You can also do this if they're just doing +EV bets across different sportsbooks and just arbitraging odds. They can ban or limit you for all kinds of reasons, so there's basically no way to actually beat them on any consistent level--they'll just ban/limit you if they think you have some type of system to do it. how any of this is legal, I have no idea. Potentially even a simple fix, if you could enforce it, would be mandatory gambling counseling + setting a limit of only being allowed to lose 2% of your income in a year or something. If that could be enforced, that would effectively bankrupt all of these companies since they couldn't just try and target/develop as many addicts as possible as a business practice. but, y'know, sponsorships.
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Jun 7, 2025 21:47
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Mike_V posted:Is there a decent longform (or semi-longform) article about these sort of "under the hood" tactics that go on to make gambling even more predatory? I've got a class in the fall that will be touching on sports gambling for a class full of 20 year old dudes and I would like to have sort of a central thing to point to one of the tipsters I follow puts up parlays, but only gets the odds from certain companies and wouldn't you know if you sign up to that company for that parlay at a certain stake you can get about £30 in free bets?
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Jun 8, 2025 15:11
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DO YALL WANT A BOXC posted:I would check out the gambling and corruption thread: This is great, thanks for the links
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Jun 8, 2025 16:20
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ESPN is starting to put bumpers hyping up their fall rebrand or revamp or "The new era" or whatever and i feel nothing but dread. I remember them talking about launching an espn/espn+ only subscription service that didn't need a cable subscription but I feel like the only other thing they know how to do these days is fire people and pay pat mcafee
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Jun 19, 2025 00:55
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"The New Era" is the direct-to-consumer ESPN app that costs $30/month.
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Jun 19, 2025 01:00
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Edward Mass posted:"The New Era" is the direct-to-consumer ESPN app that costs $30/month. That’s largely good news for the consumer I think; given how high YouTube TV/Hulu Live have gotten. Ask me again in 2030 when it’s $75/mo for ESPN, but for now that’s a pretty good deal.
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Jun 19, 2025 01:02
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Edward Mass posted:"The New Era" is the direct-to-consumer ESPN app that costs $30/month. The only place to find Stephen A. Smith dramatically performing renditions of Bill Cosby's "Pound Cake" speech.
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Jun 19, 2025 01:03
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May I gamble and take out a reverse mortgage directly in this app?
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Jun 19, 2025 01:08
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Edward Mass posted:"The New Era" is the direct-to-consumer ESPN app that costs $30/month. Depending on if they allow you to make a loving quad box, that might actually be a decent deal but yeah disney will bleed the stone
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Jun 19, 2025 01:12
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KICK BAMA KICK posted:May I gamble and take out a reverse mortgage directly in this app? As long as Penn Entertainment sees ESPN Bet as viable, yes
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Jun 19, 2025 01:35
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It’s grim, but not really grimmer than everything else in the world.
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Jun 19, 2025 01:38
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Wonderful... Stephen A. Smith has been on quite the run defending guests with questionable intentions on his podcast in recent months. But his latest episode with known Holocaust denier Candace Owens might’ve just taken the cake for most egregious. Smith hosted Owens for nearly an hour on the latest episode of The Stephen A. Smith Show, where the well-documented antisemite talked with the ESPN star at length about the ongoing conflict between Israel and Iran. ... “I know that some of you out there may not have wanted to hear a drat thing that Candace Owens had to say, but four plus million people subscribe to listen to her every chance they get. And not everybody in America, or this world for that matter, can say that,” Smith said following his interview with Owens. “What she says matters, and a lot more often than not, she seems to know what the hell she’s talking about. It’s very rare you hear somebody who says, ‘She’s clueless. She don’t know what she’s saying.’ You don’t hear that about her. You wanna refute what she has to say and defy her positions? You better know what you’re talking about because she certainly does usually, if not always. That’s why I had her on the show.”
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Jun 20, 2025 01:44
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Crazy Ted posted:It’s very rare you hear somebody who says, ‘She’s clueless. She don’t know what she’s saying.’ You don’t hear that about her. Quite literally the only thing people ever say about Candace Owens
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Jun 20, 2025 02:17
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Steven a solitaire picture perfectly sums his charlatan routine up and i never need to hear anything about him ever again tbh.
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Jun 20, 2025 03:53
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Man of all the people why Candace loving Owens?
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Jun 20, 2025 03:57
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It turns out that Stephen A was not sensitive to the Holocaust at all, Skip.
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Jun 20, 2025 04:10
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Vincent Van Goatse posted:Man of all the people why Candace loving Owens? He's actually conservative. So's the American media. I see him on Newsnation frequently talking to Bill O'Reilly and Chris Cuomo. No rational person would want to deal with one of them, much less both.
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Jun 20, 2025 04:10
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Island Nation posted:He's actually conservative. So's the American media. He goes on the PBD podcast too
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Jun 20, 2025 12:26
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Buh buh buh but you cant deny hes a master at what he does!!!!!
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Jun 20, 2025 12:53
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PFT Commenter describing him as “kind of like Hitler” was more accurate than initially thought.
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Jun 20, 2025 15:10
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Man his american cheese lasagna recipe should have ended his drat career, quite frankly
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Jun 20, 2025 15:15
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