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50 sats \ 4 replies \ @grayruby 7 Apr \ on: Sports Media’s Big Gamble on the Betting Industry | On the Media | WNYC Studios Stacker_Sports
I know they were discussing the implications of how sports betting could impair journalistic integrity but what if it does the exact opposite?
Most sports journalism is hot take artists or at very least a race to be first with credibility as a secondary concern. Not much is on the line if you are wrong as in Shams case but if you move the betting line with your reporting and a lot of people lose a lot of money the pitchforks will be out. It may only take that happening a couple times before a sports "journalist" loses their audience. Maybe guys will think twice about just pushing out news to be first and instead ensure what they are pushing out is correct. Maybe.
Haven't listened yet, but this take makes sense to me. We forget wrong predictions quickly, but not lost money. I expect people who have insights that manifest in wins will gain audience at the expense of those whose hot takes generate losses.
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