Where our money really comes from… [is this moral]
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…surely it effectively comes from real gamblers. Sometimes they may make something out of us, but in the long run we make money [like the bookies] and punters lose money. A lot of this money must come from crime, and a lot of it must be putting poor people into debt. So isn’t matched betting actually very immoral?
+0December 29, 2015 at 6:46 pm
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Where is the Andrew hate coming from???? He has just shared his opinion on the topic here, happened to have already done an article and shared it.
+0Exactly !!! And what an article!
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I dont hate him, i dont know him. I just happened not to like his article very much.
+0@roly24 @Jonhson
Big boy words are child’s play. What, the article is too wordy for you? Some people like to think, read and learn. It’s a genuine piece, if you can get in between the lines. I spent some time polishing it for the non-bettors. Have you tried telling the critics where to go? How far d’you get?+0
I was being blunt as usual… I really didn’t expect anyone on here to bother reading your essay. My apologies.
I do still believe that the notable literature on the morality of free, financial markets can be easily applied to betting markets – from a theoretical point of view, like I said before, bets are exactly the same as options. This is why I found it curious that you focus on the market participants and the market structure. Is the subject of bets not potentially more fruitful (horse racing is fairly barbaric)?
+0Andrew- article too wordy?? Most definitely it’s a shocker and a shame about some of the grammar as well. Not to worry – maybe a night school class in your area to polish things up?
Don’t spoil Mark’s excellent forum – that’s my lot on this topic.
+0Andrew,I read the whole article and found it intetesting although I dont agree with a lot in there.
Ignore the rude and abrasive comments in general.In most cases its easier to reply like that than put a counter argument.
The one exception to that is Mark Corrigan who knows his stuff and says it as he sees it. (Await comment from Johnson)
Mark your comparison with financial option markets may well be true but the 2 types of customers are entirely different in my opinion.
The bookies view of the “ideal punter” probably has no idea what an option is !!
Just a Monday morning mull
+0Nice to see some maturity. Cheers.
Yeah, I’ll second that there’s plenty in common between the two markets. Unfortunately the general public tend not to see things that way, they’re more interested in pulling them apart, the bettors obviously not coming out well at all.
+0And btw I think Patrick hit the nail on the head with the point about profiling—they attract different crowds for sure.
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Ill take the last bit of your conclusion. Youve just stereotyped bettors as having nothing to be proud of yet seem to be also saying bettors shouldnt be stereotyped. You also above stereotyped everyone whos disagreed with you on this thread as being immature. You also seem to think that bettors are frowned on by society. I can honestly say ive never experienced that. Ive heard people say theres only one winner several times but i dont think ive ever been looked down upon for having a bet.
“This means that bettors may never be renowned for their scruples, and I can live with that; (it’s not as if bettors have much to be proud about anyway). Nevertheless, stereotyping won’t change the upshot: betting is not immoral.”
+0Thanks, Pickle (sort of!)
Assuming Matt (Mark?) is ok with it, my reply:
‘Youve just stereotyped bettors as having nothing to be proud of yet seem to be also saying bettors shouldnt be stereotyped.’
That should’ve been read that there’s nothing to be proud about in betting, not that bettors are necessarily lousy.
‘You also above stereotyped everyone whos disagreed with you on this thread as being immature.’
Nope. Just the behaviour.
‘You also seem to think that bettors are frowned on by society. I can honestly say ive never experienced that. Ive heard people say theres only one winner several times but i dont think ive ever been looked down upon for having a bet.’
I’m only speaking from experience. It’s not just the ‘having a bet’ part, it’s the pro gambler outfit I’m talking about there, or when you tell someone that you spend a great deal of your time betting. I’m glad you’ve had it easy anyway.
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I genuinely dont think anyone in my experience has a problem with someone liking a bet. Its the FOBTs that are the problem and id also add the casino part of the websites. I dont know of anyone whos ever been banned from that part of a website unless their account has been totally closed down.
+0If you’re talking about your mates, not much, but you wouldn’t put it on your CV for one.
+0Pickle thats where all these offers are trying to lead us,get used to betting on mobile and then hooked on playing the casino games online.
Thats why there are so many mobile exclusive offers.
If after a while the bookies see they havent tempted you into the casino games the account gets gubbed
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Well no i wouldnt put it on but i wouldnt purposefully leave it off either. I did post on here a couple of months back that i went to remortgage and turned out my mortgage advisor was also a matched bettor. I actually brought the subject up.
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