

Stop Predatory Gambling
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@SPGambling
We reveal the truth behind commercialized gambling to advocate for those who have suffered harm, prevent more victims, and to champion policy reforms that SPG





⚾MLB Introduces Exciting New Way for Teenagers to Learn About Personal Finance!🎰 Baseball just partnered with a so called "trading" app that Argentina literally had to court-order off the internet because children were using it freely. Polymarket calls itself a "prediction market" — which is just gambling in a suit and tie — and has zero addiction safeguards, no state gambling license, and numerous lawsuits against it. The minimum gambling age in most states is 21. Polymarket's minimum age is 18. The average high school senior's age is 17-18. You do the math. MLB did, and apparently liked the numbers. @GamblingHarmOrg @MLB #gambling #mlb #x gamblingharm.org/mlb-polymarket…












Arnold Ventures applauds @SenJohnCurtis and @SenAdamSchiff for introducing the Prediction Markets are Gambling Act. This bipartisan bill brings needed clarity by reaffirming that sports prediction markets are gambling and should be regulated by the states. Read our full statement: bit.ly/47dbvg8




This is sad. I know as a politician these companies are going to spend a billion dollars against me for saying it but 🤷🏽♀️ Pervasive gambling is not good for society. It turns life into a casino, traps people in addiction & debt, surges domestic violence, and fosters manipulation.

New pod: HOW AMERICA TURNED INTO ONE BIG FAT CASINO I talked to @mckaycoppins about sports gambling, war betting, and the fast-motion casino-ification of American life Feat. - Behind the sports leagues' remarkable 180: In 2012, NBA commissioner David Stern personally confronted and threatened Chris Christie for trying to legalize sports betting. Fourteen years later, it is not humanly possible to watch or follow the NBA without making contact with gambling content. - @natesilver's Gambling 101: Online betting might be fun, but it's not "fair": There is an inverse relationship between the most popular bets and the smartest bets; 90+% of bettors lose money over time and the best bettors are limited and even kicked off sites. So the only way to really make money doing this long-term is to somehow manage to consistently belong to something like the 98th percentile of gamblers. - Vice vs wisdom: Sports gambling really is fun. It's also a vice with a significant tail-risk of addiction and financial crisis. Wisdom is the ability to identify, communicate, and legislate limits to legal vices—and we are miles from wise policy on gambling today. - The darkest timeline: Prediction markets really are useful ... but the fact that anonymous accounts can make millions of dollars from forecasting specific war outcomes is absurd and incentives are horrendous. Dystopias aren't just bad ideas taken to illogical extremes; they are often reasonable ideas taken to dangerous places. War profiteering on Polymarket is exactly that kind of dystopia. open.spotify.com/episode/0KJxKz…


