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by iambateman 88 days ago
I mean…keep reading.

For the affected population, it’s around 10 percentage points—or double.

So people who sports bet are twice as likely to be delinquent as those who don’t. I’ll give you that the effect is smaller than I expected.

Here’s the thing though…it’s not like that trend is slowing down. The finalization of prediction markets and continued normalization of betting as a pro-social behavior is currently headed to the moon…so we should ask if it’s causing major side effects.

Smoking makes someone 25x more likely to develop lung cancer. Right now it looks like sports betting makes you 2x more likely to be delinquent on your car loan. At what incidence does that become anti-social enough to try to curb?

1 comments

Sports betting is regulated, prediction markets aren't though. That's a pretty stark difference
In the US, the CFTC regulated prediction markets. They are more regulated (at a federal level) than gambling.
There's plenty of regulation around them. But sure, you can ask for even more, or different regulation.