Who Thought Putting a Casino in Everyone’s Pocket Was a Good Idea?

Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by LanceH on Monday October 10, 2022 @01:02PM (#33153835)

No reason to have limited licenses. A state run clearing house for all money going in and money going out. Then publish the results of this, so people can see how bad a deal gambling is, the state can get their cut, and people can know which places are legit. In the meantime, this will prompt illegal casinos to offer either better deal (better odds) or worse deal (extended credit) than can be had at legal casinos.

The situation right now is there is no reason for an illegal book to offer a better deal, and the worse deal is already illegal, so nothing would change by making it legal.

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Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by vasco on Monday October 10, 2022 @01:20PM (#33154037)

> No reason to have limited licenses. A state run clearing house for all money going in and money going out. Then publish the results of this, so people can see how bad a deal gambling is

In many countries loteries advertise how much money was spent in tickets, and obviously they advertise the prize pool and the odds. As you can tell people still play, publishing the results does nothing. But that doesn't mean you should allow a free for all of fraudulent games. You see, most gamblers want to lose their money fairly.

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Re:Who Thought Putting a Casino in Everyone’s Pocket Was a G... by cool_dude85 on Monday October 10, 2022 @03:49PM (#33155682)

>Then publish the results of this, so people can see how bad a deal gambling is, the state can get their cut, and people can know which places are legit.

Trivially exploited. The cool dude 85 casino will lie about all of its odds and make up the money-in, money-out difference when big whale cool dude 86 comes into town and soaks the casino for a few tens of millions on a private game of go fish.

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