0xen 🎩
@0xen
chat how dire is the sports betting situation. i know plenty of degenerates but don’t know anybody who bets on sports https://x.com/haralabob/status/1834953718355161170?s=46&t=Yy6048FIfLRlntFA3yXpnw
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//trip
@heytrip.eth
It's actually pretty bad afaict - there are some papers with numbers that show pretty solid correlation between areas that didn't have casinos and then legalized sports betting and the total household and credit debt and bankruptcy I know a lot of sports bettors who got worse, and anecdotally I bet more with an app
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//trip
@heytrip.eth
This is one: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4903302 But I'm not a scientist nor public policy expert, I just know degens who degen'd harder and understand how historically lottery has targeted the poor without showing much tangible benefits where it's profits we're supposed to help
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