basil (recession arc)
@itsbasil
i hung out with old friends yesterday who gambled on basketball all day long halfway through the day i was so bored i decided to signup for a free predatory $100 my whole life theyāve done this, iāve never participatedāa first try for everything, eh? honest question, how, on gods green earth, do people do this? bet $50 to win $50 is considered INSANELY good odds in this stupidity to make any decent returns you have to string unreasonable binary add-on bets together⦠this is quite literally the dumbest shit iāve ever done, given there are 10 people on the floor at all times⦠almost everything is unaccounted for⦠donāt even get me started on football where uncertainty goes exponential risk $50 to win $60, $70?! against these parameters? with human referee interference?! with emotion weighted 10-fold? with timeouts & clock stops? this is super high risk & you canāt even make any good money doing it⦠seriously, why do people do this?! itās absurd play table games or memes
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simon
@sa
They can excuse spending so much time watching and researching sports (which they want to do anyway) because now they have money on it?
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basil (recession arc)
@itsbasil
the opportunity cost & risk is insane
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Spaceman Spiff š©š
@spaceman-spiff
many would say the same about our crypto ports š
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basil (recession arc)
@itsbasil
many dont understand how money works
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