• Tiresia@slrpnk.net
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      22 hours ago

      Stock markets are legal in most states, so betting is legal in most states if you do it in a way rich people like.

    • bdonvr@thelemmy.club
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      1 day ago

      You’re not betting, see? You’re buying/investing in a “futures contract” in an open market and there’s no house edge!

      TL;DR it’s gambling but structured in a way that evades current regulations.

    • Echolynx@lemmy.zip
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      1 day ago

      Nope, sports betting was decriminalized a few years ago. And everything got so much worse.

      • wonderingwanderer@sopuli.xyz
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        19 hours ago

        Especially since they also legalized advertising for gambling services.

        “Oh don’t worry, just include a disclaimer about gambling addiction and seeking help and I’m sure everything will be fine…”

        …while they promise free money and instant wealth to some of the most vulnerable and impoverished people in the US…

        • Echolynx@lemmy.zip
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          2 hours ago

          And… hate to say it, but there are a lot of people with 80-90 level IQ in the US. Many of them struggle with things like forecasting consequences, longterm planning. They are extremely vulnerable to these manipulative marketers.