alt Hacker NewsIt's not so simple. The game must be fair.
What if 100% of the bets you place in a slot machine go to the owner? It's the exact same thing here.
Slot machines are regulated so the game is fair and they're not simply machines where the rich steal from the poor. Such a machine would be scam by definition.
Replies
I'm not a polymarket gambler or a gambler at all really, so I have no skin in this game but why does it have to be fair?
I would say casinos and slot machines are already stealing from the poor and giving to the rich and already a scam, people play them (aside from addicts) because there is a chance they will win, they know not everyone wins.
I'm in favour of people being treated fairly I just think regulation isn't what is required here, more education "play this but the odds are tilted away from you".
It would actually be better if slot machines never paid out and 100% of their bets went to the house. Very very few people would use them. They're addictive exactly because they do pay out sometimes.