Hacker News new | ask | show | jobs
by JumpinJack_Cash 1 day ago
Gambling on sports is the only field in which you can make money by having people think the opposite of what you think and you have a deadline by which the market has to resolve so you can avoid going bankrupt in the long wait for market to reconcile with reality as it happens in the stock market .

Bookies are bad they find ways to avoid paying all the times, exchanges are good

And the act itself , meaning wagering on athletes competing is almost as old as sex and prostitution and all the hopes to regulate it into submission are just as idiotic.