Gambling is emphasized above to emphasize we are talking about individuals who are not sufficiently skilled to argue they are not essentially partaking in pure games of chance.
Gambling is emphasized above to emphasize we are talking about individuals who are not sufficiently skilled to argue they are not essentially partaking in pure games of chance.
Most individuals are going up against these very sophisticated statistical models created by teams of quants working with huge datasets that you have to pay substantial amounts to access. I think most bettors don't know what they're up against.
And the bookie business model is intrinsically anti-consumer: if you win too much then the bookies will ban you. Whereas bookies are quite happy to keep taking money from addicts even when said addicts have already lost their life savings.
They also assign "consigliere" to you if you loose a lot. He is supposed to create a personal relationship with you. If you try to stop playing, that person will try to get you back into gaming.
You are not betting against investment platform itself, you are betring against other people on it. That is major difference.
There are two things you might do as a bookmaker:
(1) Perceive the truth of who is likely to do what, and set odds reflecting that perfect Platonic reality, but with a percentage taken off for yourself.
(2) Adjust the odds you offer over time such that, come the event, the amount you stand to collect on either side will cover the amount you owe to the other side.
You don't need to know the odds to use strategy (2). Nor do you need to reject bettors who are likely to be right.
I don't think this follows. If an individual is winning a lot of money repeatedly in this way, it is a sign that the bookie should give their bets a lot of weight when adjusting prices. But that information is something the bookie might want.
They also typically use off the shelf software for book management and risk.
It was a balancing act though. They really wanted to know what we were doing, but didn’t want to lose too much to us. So there was some give and take / bartering around the fair value of our information in the form of our accounts being banned and limited or bets being voided. But they definitely didn’t want to eradicate us.
Neither does smoking, but we still limit the types of advertisements cigarette companies can make.
Gambling is ultimately a predatory business that serves to separate people susceptible to addiction from their money.
It absolutely does, and the number of people that died from second hand smoke is awful.
It doesn't make sport gambling adverts right, but it wasn't a great example.
We have every right to ban things that are abusive to society.
I’m sure there is an argument there somewhere, and I’d love to address that if you would care to give it another go.
Gamblers have lost their homes as a result of their addiction, I think that impact on their families counts for something.
I.e., no. It counts for nothing.
As guiding questions: What is the difference between negative and positive rights? And what are the relationship to the concept of “God-given” rights?
Gambling between people, a basement poker game, that's fine, that's no one's business.
Handing your money over to rich people operating black boxes that are designed from ground up to mesmerize and mind control you into emptying your wallet is a totally other story. On the individual level, it ruins the lives of anyone who is unable to resist or understand the psychological tricks employed on them. Zooming out, it destroys families, communities and in effect, societies.
If we are going to base the legality of gambling on consent and human rights, we have to recognize the limit where consent is no longer valid, due to sickening engagement tactics.
Someone's freedom to make money off of my ignorance or weakness does not supersede my right to self-determination and well-being, neither of which are possible when being hoodwinked by exploitative capitalists.
If we are to continue allowing corporate gambling operations and 24/7 mobile sports betting, we need to place serious restrictions on how these companies are allowed to operate.
Which is what we should be doing with gambling: no advertising, as opposed to now where everybody ad break has a celebrity endorsing the intelligence you clearly have when you choose (betting platform).
I'm very pro gun, pro freedom of consumption, pro crypto, etc. but once emotional manipulation comes into play, self-determinism goes out the window and people are no longer making free choices.
> I'm very pro gun, pro freedom of consumption, pro crypto, etc. but once emotional manipulation comes into play, self-determinism goes out the window and people are no longer making free choices.
To me, this is a very mature response. The whole idea of you do what you want as an adult and you own all of the consequences. Why do you make an exception for "emotional manipulation"? To be clear: I am not trolling in this post. I want to know why you think these things can be legal, but advertising about them is "morally bad".When addiction is intentionally engineered at a high level and wrapped in the Trojan horse of self-sufficiency or emotion, deceit, or the power of suggestion, we have a problem. Imagine Taylor Swift doing an ad for crack cocaine.
To your implied point, drug addictions similarly ravish communities, destroy lives, and in the case of drugs like fentanyl, legalization effectively makes it easy to acquire extremely potent and discreet poisons, which has a huge potential impact for violence.
We can paint a similar story for gun violence. We can tie drugs, gambling and guns together even more tightly when we look into where cities approve permits for gambling centers, where most liquor stores pop up, selective enforcement and scandals like the Iran-Contra affair [0].
It's important to have a consistent position on all of these topics, so I thank you for raising this point. So all of that said, I think drug consumption/manufacturing/distribution, guns and gambling should generally all be legal at a high level, but we must dispense with the racist and classist implementations of these systems within our societies, and we should have sensible evaluation and certification programs in place for access to different stratifications.
You should be required to periodically prove medical and psychological fitness, as well as operational certification, for certain powerful substances. Similarly, we need sensible restrictions on gambling and guns [1].
The reality is that with freedom comes responsibility. Without responsibility, unrestricted freedom leads to anarchy or a post-capitalist nightmare. One of the main points of government is to balance these freedoms across individuals, communities and society at large, in order to maximize the well-being and self-determination of the people, while allowing for progress and innovation.
I'm curious to hear your own position.
[0] https://en.wikipedia.org/wiki/Iran%E2%80%93Contra_affair
[1] To be clear, I am very pro 2nd amendment [1] and am not calling for a ban on anything or for the State to maintain a monopoly on violence and power.
"Under no pretext should arms and ammunition be surrendered; any attempt to disarm the workers must be frustrated, by force if necessary" - Karl Marx
Stranger, some of them want to ban/make it harder to distribute drugs "legally" through doctors (OxyContin, Sackler family scandal) because doctors might be monetarily incentivized, but then they also support complete drug legalization, including for the same drugs (fentanyl). This position is not even internally consistent, in this case fentanyl was "legalized" close to what they seem to demand, just gated by a doctor.
I don't have a clear position, but I don't think I would support legalization of "hard" drugs (anything above marijuana/MDMA). I can't see any positive, the negatives are clear, and it impacts the whole society (I will respect your freedom until it impinges on mine).
I am pro 2nd amendment, but I also believe the State should maintain it's monopoly on violence. Otherwise it's Mad Max world. The way the 2nd amendment is stated (prevent tirany) would not work anyway today, the military power of the State is vastly larger, the "militias" will never stand a chance against Police/Army/Cyber/... So I am pro guns just as far as personal protection requires (so no rocket launchers).
About your last paragraph: How do you feel about other OECD (highly developed) countries that do not allow personal gun ownership (except for hunting and sport shooting (clays, etc.)? Take Japan for example: Except for hunting and sport shooting, ownership of guns is not allowed. How do you feel about it?
But the police must do it's job. Take Sweden, criminality is now rampant there, criminals are using grenades.
https://en.wikipedia.org/wiki/List_of_grenade_attacks_in_Swe...
If that is not intentional (which I suspect it is not, so no offense intended), then I believe a quick search on “God-given rights” should help you make whatever case you want to in a logically consistent manner. It is a well-defined concept that has a specific meaning over a specific domain. I get the feeling “negative rights vs. positive rights” might be a useful search phrase as well.
Anyway, you said your argument accounts for it, but didn't actually follow through and demonstrate why that is. How does your argument take into account the aforementioned power imbalances?
It is a well and widely understood term whose usage should not invite “correction”.
Referring to God-given rights invokes their definition, which should make the inconsistency I was referring to clear.
1. My answer is not vague. You are refusing to look up the critical definition. 2. Everything you have brought up (except for the theism bit, which is just completely off-topic) was preemptively addressed in my initial comment.
Imagine you’re a loan shark. Which of the following seems like a good place to look for customers: upscale restaurant, movie theater, random bar, theme park, baseball stadium, city park, or a sports betting venue.
https://robbreport.com/style/watch-collector/luxury-watch-th...
And people being there to bet wont be buying watches that much either.
That’s not an issue for the loan shark.
The minimal effectiveness of enhanced interrogation plus the desire of the population not to risk being so interrogated means people are generally apposed to such. Tracking down a nuclear threat is considered something of an exception to this stance by the average person.
Either you accept the definition of God-given rights, which is certainly not consistent with your opening statement.
Or you don’t, at which point any following argument regarding its proper usage is moot.
You seem to have gone with the latter, which makes your comment irrelevant. And that is regardless of its truthfulness. To be clear I disagree with it, but getting into that would contribute to derailing the conversation.
It’s a rejection of the idea that people’s list of them would be consistent through time. In 1,000 years people may come up with a list of God-given rights, but it won’t be the same list you use.
As such trying to come up with a list of God-given rights from a human perspective is inherently a flawed undertaking. God is beyond human comprehension.
The idea, moreover, is the generalization of ethics to an environment with multiple actors, such as Earth. And it is, of course, inconsistent with many ethical systems: A competing idea in equally simple terms is “might makes right.”
And the idea, furthermore, does not change over time. So if you substitute it into my previous comment, you will see that the argument within holds.
Finally, and as a side note, I strongly agree that the state of possible actions, and as the “list” of possible infringements changes with, e.g., technology. An 1800s philosopher would, for example, never have considered the applicability of any theory of rights to the operation of a nuclear power plant.
That tipping point isn’t fixed.
> furthermore, does not change over time
Except it does “them’s fighting words” only died out very recently, but it provides a starkly different boundary between my rights and your rights.
Ritualized lethal combat was a thing for very long time, and took an incredibly long time to go away. Trial by combat and dueling grows out of a fundamentally different ethical framework not just a lack of technology. It seems antithetical to Christianity today, but that wasn’t always the case.
Discussion 4 days ago: https://news.ycombinator.com/item?id=45432627
Since you would be extremely off-topic if you tried to extend this argument to, e.g., Daniel Negreanu engaging in a game of poker, I wanted to explicitly preclude individuals competently engaging in whatever activity is being deemed 'problematic.'
It was mostly to help the 'other side' stay on topic; otherwise, I could trivially refute their arguments by counterexamples, e.g., Daniel Negreanu.