We routinely and regularly refer to State run lotteries with such phrases as ‘the idiot tax’.
As in, it is a regressive form of taxation, that objectively hurts people who are objectively idiots.
…
I’ve actually gambled once in my entire life, at a horse race.
My strategy?
Walk in with $40 bucks.
Place a $5 dollar bet on the horse with the silliest name.
I ended up walking out with $60 bucks, after being able to pay for a hot dog / fries / drink, forgot how much they cost (this was about a decade ago).
…
Stonks. Gambling.
…
Its funny, I legitimately love playing Texas Hold’em Poker.
But … you can just play for pennies, or just have a set of plastic chips, little or no actual money involved.
Its a fun game, I am fully in agreement that it does constitute a legitimate competetive sport, it totally involves strategy, bluffing, acting, essentially… but there’s no need at all to risk financial ruin over it.
Hi, Econometrician here.
We routinely and regularly refer to State run lotteries with such phrases as ‘the idiot tax’.
As in, it is a regressive form of taxation, that objectively hurts people who are objectively idiots.
…
I’ve actually gambled once in my entire life, at a horse race.
My strategy?
Walk in with $40 bucks.
Place a $5 dollar bet on the horse with the silliest name.
I ended up walking out with $60 bucks, after being able to pay for a hot dog / fries / drink, forgot how much they cost (this was about a decade ago).
…
Stonks.Gambling.…
Its funny, I legitimately love playing Texas Hold’em Poker.
But … you can just play for pennies, or just have a set of plastic chips, little or no actual money involved.
Its a fun game, I am fully in agreement that it does constitute a legitimate competetive sport, it totally involves strategy, bluffing, acting, essentially… but there’s no need at all to risk financial ruin over it.