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Re:We haven't seen the worst of what gambling and prediction... by kibwen on Thursday March 26, 2026 @04:29PM (#47535314)
> I prefer prediction markets to gambling because the platform isn't the bookmaker.

Just because you prefer poker to slots, that doesn't suddenly mean that poker isn't gambling.

Re:We haven't seen the worst of what gambling and prediction... by FajitaNachos on Thursday March 26, 2026 @05:05PM (#47535720)
poker and slots are two very different variants of gambling. Sure, there is plenty of chance/variance in poker but there is an undeniable skill component that is lacking in slots.
Re:We haven't seen the worst of what gambling and prediction... by AlexandrB on Thursday March 26, 2026 @05:36PM (#47536104)
The one that really infuriates me is blackjack where - if you apply skill by counting cards - you get kicked out of the casino.
Re:We haven't seen the worst of what gambling and prediction... by kqr on Friday March 27, 2026 @03:49AM (#47540001)
This has always been the case for most high-stakes gambling. The problem isn't winning big, the problem is getting the counterparty to pay. Skilled gamblers (when it comes to games with any skill component) throughout history have been adept at winning subtly and then moving on before anyone figures out they have an edge.
Re:We haven't seen the worst of what gambling and prediction... by bko on Thursday March 26, 2026 @08:59PM (#47537869)
Where did I say it wasn't gambling. I said prediction markets are preferable to sports books like DraftKings. I don't like either personally but its an important distinction
Re:We haven't seen the worst of what gambling and prediction... by hunterpayne on Thursday March 26, 2026 @11:03PM (#47538675)
Slots have odds which change throughout the day and are usually (on average) pretty bad. In Poker, you play against other players, not the house. There is a rake which is very minor when compared against the average returns against other players.

They are fundamentally different. In slots, you bet against the house, in poker you bet against other players. So slots are gambling in the traditional sense. Poker however is no different than buying a house. There is still a house fee in both cases and in both cases you are betting against other people. And in poker, new players can enter and inject capital just like the housing market. You going to ban buying houses next? You can't eliminate risk from life.

You are basically trying out outlaw luck and randomness at this point.

Re:We haven't seen the worst of what gambling and prediction... by kibwen on Thursday March 26, 2026 @11:38PM (#47538889)
I'm not trying to outlaw anything. I'm trying to make gambling addicts stop delusionally coping when it comes to "predictions markets" and just admit that they're gambling.