US gambling addiction is ‘out of control’ as betting markets boom, policy expert warns
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There are two reasons people pour their money into gambling:
- they have no hope of materially improving their lives through work
- they are gambling addicts
thats why gamblers are called degenerates
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Hot take. Ban betting on sports. It adds no value and destroys lives.
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Our entire economic/investment/retirement system is founded on gambling on a manipulated stock market, it's all built on a ponzi scheme where 93% the entire market is owned by the wealthiest 10% of society, with 62% of the US buying into it.
Everything else is muggles wrangling and conniving for literal scraps. It's a top down scam.
Eat the fucking rich.
If you invest in bonds there is very little gambling.
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That term actually means something and this isn't it.
Ok, how am I wrong?
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In Central Florida, the last Democratic stronghold in Florida, DeSatan has been removing duly elected politicians, and replacing them with his own hand-picked, unelected people. The media has not covered this political atrocity at all. It the biggest election fraud happening in the country, and it is literally unknown outside of Central Florida. Even the Central Florida media doesn't treat it as a coordinated attack on the Democrats, and the Florida Dems are such cowardly weenies, they aren't even defending themselves.
DeSatan wanted to get rid of the first, and only, Hispanic sheriff in Florida, so they arrested him for running protection for a massive $20 million dollar gambling operation.
The sheriff was an investor in an operation that had built three machine-based "casinos" in the region. One was right in the Sheriff's home town, right on the main drag through town, with giant plate glass windows exposing the brightly-lit machines to the street. They had registered the business with the state, and were doing everything in the open. There were dozens of these sort of operations going on all over the state. They didn't try to hide anything, they clearly thought it was legal.
So as I'm watching the breaking news coverage, listening to the talking heads gasp and clutch their pearls over the "massive illegal $20 million gambling operation," they took a commercial break, and cut to an ad for the Hard Rock Casino, the multi-BILLION dollar gambling operation just 45 minutes up the highway. So much for doing it to protect the public from the evils of gambling.
Oh, BTW, the only Hispanic Sheriff in Florida, re-elected by his constituents, was replaced by an unelected white guy with a couple of decades of anti-immigration experience, of course.
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There are two reasons people pour their money into gambling:
- they have no hope of materially improving their lives through work
- they are gambling addicts
- they have insider information on the outcomes of world events
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There are a handful of times per year where we are streaming a live channel or watching cable TV at somebody else's house because local_team being in the playoffs for in_season_sport.
It's horrifying. Downright dystopioan.
I only hear pharmaceutical ads at other people’s houses
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- they have insider information on the outcomes of world events
If you know something is certainly going to happen, there is no gamble.
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Late stage capitalism runs on addiction.
Late stage capitalism CAUSES addiction. People who lose hope of ever achieving financial stability or success turn to get rich fast schemes or gambling. I can't really blame them.
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If you know something is certainly going to happen, there is no gamble.
Same process. Difference is semantic.
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