Are we going to bail out our kids who now seem to think gambling is investment?

[Anonymous]

Gambling has existed since Homo Sapiens gathered to live in communities, OP.

This is nothing new.

Educate your kids, train them out of their worst impulses, teach them financial health.

[Anonymous]

We shouldn't restrict gambling just for moral reasons. That is how some people will choose to think of it, the same way some people view murder laws as existing simply because their religion says murder is morally wrong.

But in reality gambling (like murder) has all kinds of social downsides, and the government exists in large part to help society operate better than it would without government.

[Anonymous]

No, bailing out a kid with a gambling addiction is akin to buying alcohol for an alcoholic.

[Anonymous]

Anonymous wrote:Gambling has existed since Homo Sapiens gathered to live in communities, OP.

This is nothing new.

Educate your kids, train them out of their worst impulses, teach them financial health.

I agree with you but since, of course, many people will not do this, we should also have laws in place to limit gambling. If everyone was a terrific parent, we wouldn't need laws at all. They aren't.

[Anonymous]

Anonymous wrote:They’ve been trained to seek the quick dopamine hits

This is the reality. It becomes an addiction and as hard to break as alcoholism and smoking.

[Anonymous]

Short attention spans from being raised on YouTube shorts, coupled with data scientists who know how to trigger dopamine with their gambling app features (alarms, alerts etc), combined with a more difficult time to make money the old fashioned way via salary. N young people also don’t want to wait 30 years for their VOO funds to grow.

[Anonymous]

We are going to see a lot of young men spiraling from money loss in a few years. It’s going to be so bad.

[Anonymous]

Better poker than crypto.

[Anonymous]

Anonymous wrote:Better poker than crypto.

At least with crypto you can typically get some of the money back. Some of them are going to lose everything to Draft Kings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The legalization of sports betting is a boon to these betting middle-men and a poison to young men. This should not be so simple and the level of advertisements that go on is insane. Why do we insist on this kind of immoral legalization? I put it right up there with cannabis legalization. Devastating to young men.

+1
Because legislating morality is rarely a good idea.

Any other questions?

Gambling is not morality

Neither is smoking.

It's ok for the government to make laws that encourage folks to make good choices. Yes, there's a balance, but I don't think sports betting and cannabis need to be legal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Gambling has existed since Homo Sapiens gathered to live in communities, OP.

This is nothing new.

Educate your kids, train them out of their worst impulses, teach them financial health.

I agree with you but since, of course, many people will not do this, we should also have laws in place to limit gambling. If everyone was a terrific parent, we wouldn't need laws at all. They aren't.

PP you replied to. Oh, sure. Gambling laws have also existed since millenia. Various governments all over the world have tried (with varying levels of success) to curb gambling.

My point is that I don't think there is a new level of urgency in 2025.

[Anonymous]

Anonymous wrote:They’ve been trained to seek the quick dopamine hits

10000000% this

[Anonymous]

Its the same with all the women doing onlyfans. Onlyfans is destroying so many young men. Once again dopamine hit like some of you mentioned earlier

[Anonymous]

I agree. I know a man who died by suicide because he was broken by easy to access pornography.

[Anonymous]

Anonymous wrote:Seems to me that Gen Z boys love to gamble. What's the reason behind this? Is it because they are not aas hopeful about the future and are hoping for a quick "fortune"?

Yours like to gamble. Don’t stereotype.