My typical sports betting is usually centered around NFL Sundays and NBA Wednesdays at low enough amounts where it doesn’t affect my savings or other entertainment expenditures.
I don’t bet more than I can afford to lose and it does enhance the viewing experience ten-fold. Moderation recommended.
Policy implication is the same: Tax it, a hefty % of the amount wagered to further reduce the expected value of the payoff. I assume that payoffs are already taxed.
Amazing. I’m just writing a blog post that includes this study now. (Though mine is about teaching kids.) Funny coincidence. You mind if I link to your post?
Yikes, it's looking like the gambling post is going to wait for another day. Didn't mean to get a sub from you by false pretenses! But I'll write that one before too long. "Gambling in 'Bluey'" will really catch people off guard...
The US is an interesting example given how recent the deregulation took place. I wonder what the difference is in the UK, parts of Europe, and Australia where gambling has been legal for much longer.
I really enjoyed this post. The net investment figure is powerful
Thank you a lot for the mention, and I really liked this issue!
My typical sports betting is usually centered around NFL Sundays and NBA Wednesdays at low enough amounts where it doesn’t affect my savings or other entertainment expenditures.
I don’t bet more than I can afford to lose and it does enhance the viewing experience ten-fold. Moderation recommended.
Pretty amazing and higher than
https://thomaslhutcheson.substack.com/p/gambling-away-stability
Policy implication is the same: Tax it, a hefty % of the amount wagered to further reduce the expected value of the payoff. I assume that payoffs are already taxed.
Amazing. I’m just writing a blog post that includes this study now. (Though mine is about teaching kids.) Funny coincidence. You mind if I link to your post?
Sure! Always happy to have it linked/shared. Looking forward to your post!
Yikes, it's looking like the gambling post is going to wait for another day. Didn't mean to get a sub from you by false pretenses! But I'll write that one before too long. "Gambling in 'Bluey'" will really catch people off guard...
The US is an interesting example given how recent the deregulation took place. I wonder what the difference is in the UK, parts of Europe, and Australia where gambling has been legal for much longer.