0 sats \ 1 reply \ @ek 20 Nov 2023 freebie \ parent \ on: Stacker Saloon
From a profit perspective, seems like sports betting could really be a killer app. Although would that also introduce forceful and well-funded opposition on all fronts? I'm not sure.
oh yeah, forgot the most discussed use case on SN, lol
also not sure. people already talk about corruption in sport games. would prediction markets make it a lot worse? potentially, since the rewards for corruption can be a lot higher. i guess it depends on how much corruption currently costs.
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100 sats \ 0 replies \ @elvismercury 20 Nov 2023 freebie
I don't think it would be a disaster, bc many places to spend a stupid amount of money betting on sports exist already, so it wouldn't be a wholly new impulse into the system. But those venues are presumably highly regulated? So I can see how $100k of anonymous money betting on whether Lebron James misses five free throws in a row could raise hackles.
It's interesting to think about what it would mean, very concretely, to draw the gaze of Sauron on this stuff. Really forces you to have your story straight about the risks in this space, and how it touches the world.
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