The Online Sports Gambling Experiment Has Failed
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 h...
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