[roenxi]

Gambling is a market failure - classic case of human emotions getting tricked into irrational decisions. However:

- If you keep track of the wins and losses you'd figure it out fairly quickly - a 30/70 game doesn't play like a 49-51.

- Why would the casino lie? Someone who is going to take a 49/51 bet may as well take a 30/70 bet, if they already understand odds they understand that they're paying the casino money for their time.

[colinmhayes]

How is gambling any more irrational than any other form of entertainment? Sure, some people are addicted, and that's irrational, but others are paying less than they would to have an alternate form of entertainment.

[spookie]

Because the main goal isn't entertainment.