News for hackers. Stuff that matters.

A comment on Ask HN: Founders who sold their company, what do you do?. Parent comment

Re:Ask HN: Founders who sold their company, what do you do? by Retric on Wednesday January 10, 2018 @07:20AM (#16114411)
People are going to be all over the map on this one. I see large downsides and minimal upsides to online gambling.

I think it should be illegal in practice because people get into massive downward spirals. Now, that does not mean we need no ban ultra low stakes poker, just the kind of games that cause people to go broke. Aka, someone that loses 200$ a month on poker is not a big deal. Someone that's losing 20,000+$ / month is likely a different story.

I have similar issues with the App Store and feel Apple / Google should limit in app purchases per month.

[ Parent | on HN ]
Re:Ask HN: Founders who sold their company, what do you do? by majani on Wednesday January 10, 2018 @07:37AM (#16114484)
It's trivial for gamblers to get round such a regulation and trivial for bookies to plausibly deny it
[ Parent | on HN ]
Re:Ask HN: Founders who sold their company, what do you do? by Retric on Wednesday January 10, 2018 @07:41AM (#16114503)
You can say the same thing about DRM, but even 98% effective is good enough to be very useful. It's the same reason you can't buy lotto tickets with a credit card even if credit cards let you get cash advances that's an extra step that really makes a meaningful difference in people's lives.
[ Parent | on HN ]