“The Online Sports Gambling Experiment Has Failed” by Zvi
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Description
Related: Book Review: On the Edge: The GamblersI have previously been heavily involved in sports betting. That world was very good to me. The times were good, as were the profits. It was a skill game, and a form of positive-sum entertainment, and I was happy to participate and help ensure the sophisticated customer got a high quality product. I knew it wasn’t the most socially valuable enterprise, but I certainly thought it was net positive.When sports gambling was legalized in America, I was...
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Audio note: this article contains 33 uses of latex notation, so the narration may be difficult to follow. There's a link to the original text in the episode description. Many of you readers may instinctively know that this is wrong. If you flip a coin (50% chance) twice, you are not guaranteed to...
Published 11/20/24
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Published 11/19/24