I’ve heard that, in Las Vegas, if you put yourself on the government’s “compulsive gambler” list, you can still walk into any casino, give them your money, and place a bet—the only difference being that, if you happen to win, the casino keeps your money as if you had lost.
I think it should work the other way around, making it the casino’s responsibility to avoid accepting bets from self-proclaimed problem gamblers—if you’re on the list and the casino doesn’t stop you from betting, the casino has to give you back any money you lose.
The failure mode of the current policy sounds to me like “pay for your own lesson to feel less motivated to do it again” while the failure mode of this proposal would be “one of the casinos might maybe help you cheat the system which will feel even more exciting”—almost as if the people who made the current policy knew what they were doing to set aligned incentives 🤔
I’ve heard that, in Las Vegas, if you put yourself on the government’s “compulsive gambler” list, you can still walk into any casino, give them your money, and place a bet—the only difference being that, if you happen to win, the casino keeps your money as if you had lost.
I think it should work the other way around, making it the casino’s responsibility to avoid accepting bets from self-proclaimed problem gamblers—if you’re on the list and the casino doesn’t stop you from betting, the casino has to give you back any money you lose.
The failure mode of the current policy sounds to me like “pay for your own lesson to feel less motivated to do it again” while the failure mode of this proposal would be “one of the casinos might maybe help you cheat the system which will feel even more exciting”—almost as if the people who made the current policy knew what they were doing to set aligned incentives 🤔