Comment by banannaise
3 hours ago
Talking about "traditional" sports gambling rather than prediction markets: how do we account for the heavy restrictions they place on "sharps" (consistent winners)? If a game can be won through application of skill, but winning through application of skill causes you to be effectively banned, then the game cannot be won through application of skill.
Phrase it like this - market makers and casinos and other hosts really don't want it be a game of skill.
The game is still won through the application of skill even if the house chooses not to play it with you.