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We can mince his words. In the end anyone who organize gambling for profit is scum. If you do it for charity I know form experience it is massively profitable, but.. I am not sure it is worth it for society.
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Hey now, silent auctions and raffles are great for small communities and aren't prone to degeneracy. I know a lot of fire departments that get a majority of their funding from a mix of these attractors and things like cookouts and public events.

I believe it just enables and validate the bigger actors. I do not know where the line should be drawn, if gambling is ilegal you build an illicit trade, if it is legal that trade just become more evil.

We should be careful with gambling especialy when CEOs are talking about it and only caring about the legal frameworks.


> I am not sure it is worth it for society.

As always, seems to depend on the scale.

Letting anyone in the world place bets on when the next nuke will hit a city? Probably pretty bad overall for society.

Doing raffles for some local tiny organization run by Ada and William so they can continue hosting a ten person event? Probably pretty good overall.


The problem once again comes when you decide to hyper optimize for profit. Ada and William will rely on word of mouth, maybe a few posters to drum up attention to their raffle.

Meanwhile large gambling orgs will run ad spots non stop with celebrities enticing you to join their app with free bonus bets and once you're in they will send you daily notifications to nudge you to place "just one more bet".

Easy to see how one would be relatively harmless while the other could cause widespread addiction.


Yep.

Can't even go to a local baseball game without the shit being shoved down your throat let alone try to watch one on TV.




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