gambling

Experts warn that although prediction markets are not regulated as gambling platforms, they are just as addictive When Kevin first heard about the prediction market Kalshi, he knew deep down it would be wise to stay away. Kalshi reminded him of a weakness of his: sports betting . Kevin, who is 36 and works in law enforcement in Texas, has been a gambling addict for 18 years. It’s a problem that c…

The vision of a Nevada gambling hub south of Las Vegas along the Interstate 15 Freeway was perhaps done it by Southern California tribal casinos offering much shorter drives and similar, if not superior services than Primm.

Ellen Mulvey ran up huge betting losses online and wrote ‘addiction is the worst disease’ before she died A family is calling for wholesale reform of the gambling industry after an inquest heard details of the life and death of Ellen Mulvey, a “generous and caring” woman with a high-flying City job who also had a secret addiction. Mulvey’s family believe she lost hundreds of thousands of pounds g…

As some of the long-time readers of this blog know, in this column I have occasionally discussed probability calculations in the context of gambling and betting. A long time ago I also famously won a $1000 bet on the LHC not discovering any new physics . Below I will mention a similar bet that ended up not being agreed upon by the parties, for the sake of discussing a subtle effect one has to wor…

The rise of the internet has greatly changed gambling, making online form a regular activity. In the UK, this change […]

Bookmakers use odds to attract customers, balance their books, and make profits. They set their odds based on their own […]

I went back to my school a couple of weeks ago and gave a talk. I felt I’d given various incarnations of a talk on card-shuffling too many times, so it was time for a new topic. The following post (and … Continue reading →