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by quantified 2 days ago
It's a little easier to think about when you ignore people's addictive tendencies in the large.

It also takes a blind spot re the forces that will influence events based on betting. I don't care about point-shaving in college basketball (some great stories there, see the Bad Sports episode [https://www.imdb.com/title/tt15402912/]. But other real-world outcomes are too important.