Re:Legalizing Sports Gambling Was a Mistake
by piltdownman on Friday September 27, 2024 @10:03AM
(#41670642)
Pre 1970s it was something you did at the on-track TOTE and in Bingo Halls/Working Mens Clubs.
Games of skill with money wagered have always been a significant part of Western European society, starting with the Equestrian Aristocratic classes and funnelling all the way down to the 'Football Pools' and the national pastimes of putting a wager down for the Grand National or Cheltenham festivals, legitimised by social events like Ladies Day or Student Race Week.
There are multiple ways of 'fairer' gambling - exchange markets like Betfair rather than sportsbook being the current epitome. The main issue is lack of legislation around targeting vulnerable demographics and those suffering from addictive traits - and that's an advertising rather than a gambling issue.
Games of skill with money wagered have always been a significant part of Western European society, starting with the Equestrian Aristocratic classes and funnelling all the way down to the 'Football Pools' and the national pastimes of putting a wager down for the Grand National or Cheltenham festivals, legitimised by social events like Ladies Day or Student Race Week.
There are multiple ways of 'fairer' gambling - exchange markets like Betfair rather than sportsbook being the current epitome. The main issue is lack of legislation around targeting vulnerable demographics and those suffering from addictive traits - and that's an advertising rather than a gambling issue.