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Comment by mpalmer

11 hours ago

Defeatist nonsense, and wrong. The US was regulating this until Trump. A friendly regulatory environment is the only way paying out these bets at scale is possible.

"Pushing it underground" discourages the majority of bettors from using it, and that is a good thing.

>"Pushing it underground" discourages the majority of bettors from using it, and that is a good thing.

But don't you think that will be the "good" majority? And the "bad" minority will continue using the underground version?

  • > the "bad" minority will continue using the underground version?

    …which they already did before this market was made mainstream.