Comment by michelb
Isnt that more because gambling is ingrained with American culture? It’s seems to be pretty much everywhere.
Isnt that more because gambling is ingrained with American culture? It’s seems to be pretty much everywhere.
> gambling as in games of skill,
These are pure gamblimg, the skill part is thinly weiled excuse having little to do with the reality. Even if it was skilled, it would still be gambling, but for the most part it is not skilled.
> or gambling as in trading?
Yeah many small investors treat it as a pure gambling. But investing has more regulations and somewhat saner culture. The companies are not intentionally trying to identify and hook addicts deeper and deeper.
Which "sports" literally do.
> These are pure gamblimg, the skill part is thinly weiled excuse having little to do with the reality
"Games of skill" in this context essentially always refers to poker, which is demonstrably not "pure gambling".
>Yeah many small investors treat it as a pure gambling. But investing has more regulations and somewhat saner culture. The companies are not intentionally trying to identify and hook addicts deeper and deeper.
>Which "sports" literally do.
This was perhaps largely true in the pre-robinhood era, now it's hard to draw any meaningful distinction between sports gambling and daytrading.
Gambling as in roulette, gambling as in games of skill, or gambling as in trading?
In the last case gambling is pretty much everywhere in all developed societies.