I have previously been heavily involved in sports betting. That world was very good to me. The times were good, as were the profits. It was a skill game, and a form of positive-sum entertainment, and I was happy to participate and help ensure the sophisticated customer got a high quality product.

[–] fox@hexbear.net 5 points 2 months ago (1 children)

Positive sum entertainment is an incredible way to describe giving your money to a corporation in exchange for the hope of getting it doubled

[–] towhee@hexbear.net 7 points 2 months ago

who can put a price on the ecstasy of obliterating your loved ones' savings on a poorly-conceived parlay?

[–] gay_king_prince_charles@hexbear.net 8 points 2 months ago (1 children)

Zvi's a former Jane Street guy, he assumed it'd be like a normal market where he'd have an edge. In reality, it was a market that destroyed more lives than expected (he still has an edge of course, but that's an inconvenient detail)

[–] Le_Wokisme@hexbear.net 3 points 2 months ago (1 children)

oh shit it's famous magic the gathering player zvi mowshowitz

[–] MayoPete@hexbear.net 5 points 2 months ago (1 children)

I bet he plays a lot of counterspells

[–] PolarKraken@lemmy.dbzer0.com 2 points 2 months ago

Sick burn lmao