Giannis Antetokounmpo Trade Watch

[Itzsoweezee]

Maybe Giannis can get in on some of that "Giannis's Next Team" betting action.

LOL @ players owning a stake in gambling sites in a league sponsored by gambling organizations but cracks down on players gambling

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Fucking gross

 

[spurraider21]

Maybe Giannis can get in on some of that "Giannis's Next Team" betting action.

LOL @ players owning a stake in gambling sites in a league sponsored by gambling organizations but cracks down on players gambling

View attachment 765

way to make me hate him even more

i have deep concerns about how gambling is going to cripple this generation

 

[scott]

way to make me hate him even more

i have deep concerns about how gambling is going to cripple this generation

It's already doing it, finding its way into legal, unregulated gambling markets. Sports cards, all of these "blind boxes" and even people just buying pallets of returned packages hoping to score big.

I had a pretty nice sports card collection that I'm just about done liquidating because that whole world has gotten out of control and I can see what certain major players in that space (Fanatics and PSA, specifically) are doing with it and it's not good. The auction for my 1986 Fleer Jordan #57 ends on Monday with a big consigner, and that's kind of the pinnacle of my liquidation I've been doing over the last couple of months. I'm keeping some Spurs things that have specific personal value to me (some quite valuable, some just things that have special meaning to me like my extensive Ginobili collection), but for the most part I'm getting out of that space as fast as possible.

Sorry for the rant, and perhaps this is a better topic for the Everything Else forum, but since you mentioned it I wanted to riff on it. But Sports Cards is a space where I've seen degenerates fleeing to as record pace and it is disgusting. I've seen people (and sometimes kids who are clearing running up debt on their own or on their parents) spend tens of thousands of dollars in what is basically just straight up gambling. It is so bad that people are spending $1000 on a box of cards and considering it a win if they come out with one single card worth $300 that they immediately sell. It's all just risk mitigation as they hunt for that 1 out of 1 million hit. They might as well just buy lottery tickets (where legal).

This online betting markets are just all an extension of that... I think there will definitely be a reckoning at some point that is going to have a not insignificant impact on the economy and debt markets.

With all that said, I'll be back in your town in April. Hopefully the craps tables treat me better than last time . I love games and trying to find the optimal strategy to beat them (understand that the optimal strategy in many of these games is still a losing proposition)... I just love the mathematics. But thankfully I'm also cheap. If I lose $300 bucks at it, I'm pretty upset even though I'm very fortunate in life that losing $300 isn't going to impact me at all.

 

[spurraider21]

It's already doing it, finding its way into legal, unregulated gambling markets. Sports cards, all of these "blind boxes" and even people just buying pallets of returned packages hoping to score big.

I had a pretty nice sports card collection that I'm just about done liquidating because that whole world has gotten out of control and I can see what certain major players in that space (Fanatics and PSA, specifically) are doing with it and it's not good. The auction for my 1986 Fleer Jordan #57 ends on Monday with a big consigner, and that's kind of the pinnacle of my liquidation I've been doing over the last couple of months. I'm keeping some Spurs things that have specific personal value to me (some quite valuable, some just things that have special meaning to me like my extensive Ginobili collection), but for the most part I'm getting out of that space as fast as possible.

Sorry for the rant, and perhaps this is a better topic for the Everything Else forum, but since you mentioned it I wanted to riff on it. But Sports Cards is a space where I've seen degenerates fleeing to as record pace and it is disgusting. I've seen people (and sometimes kids who are clearing running up debt on their own or on their parents) spend tens of thousands of dollars in what is basically just straight up gambling. It is so bad that people are spending $1000 on a box of cards and considering it a win if they come out with one single card worth $300 that they immediately sell. It's all just risk mitigation as they hunt for that 1 out of 1 million hit. They might as well just buy lottery tickets (where legal).

This online betting markets are just all an extension of that... I think there will definitely be a reckoning at some point that is going to have a not insignificant impact on the economy and debt markets.

With all that said, I'll be back in your town in April. Hopefully the craps tables treat me better than last time . I love games and trying to find the optimal strategy to beat them (understand that the optimal strategy in many of these games is still a losing proposition)... I just love the mathematics. But thankfully I'm also cheap. If I lose $300 bucks at it, I'm pretty upset even though I'm very fortunate in life that losing $300 isn't going to impact me at all.

yeah i wasnt trying to get into a long convo about it hah

i live in vegas, but i dont participate in any of it. since moving here about 1.5 years ago, ive only actually been to the casinos maybe about 5-6 times total, when ive had family or friends visiting in town and they want to go. and like you, im incredibly low stakes. i sit at a blackjack table, put down $200-300, and see how it goes. ive never played at a table with a minimum higher than $25

send me a PM here if you want to grab a beer while in town