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Artwork for Free State with Joe Brolly and Dion Fanning
Free State with Joe Brolly and Dion Fanning · June 25 · 51 min

The Imitation World Cup - Gamble Responsibly (LOL)

The 1992 Professional and Amateur Sports Protection Act prohibited betting on baseball, basketball, American football and most other sports in nearly every US state. In 2018, the Supreme Court declared the act unconstitutional, opening up America to a stampede of betting. On Free State today we look at how the gambling industry achieved such prominence and how they made gamblers feel that the problem wasn’t them it was you. With tens of billions being bet on the World Cup and prediction markets like Polymarket allowing people to take a position on everything, we wonder where it will end? Hosted on Acast. See acast.com/privacy for more information.

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transcript

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show notes

The 1992 Professional and Amateur Sports Protection Act prohibited betting on baseball, basketball, American football and most other sports in nearly every US state.

In 2018, the Supreme Court declared the act unconstitutional, opening up America to a stampede of betting.

On Free State today we look at how the gambling industry achieved such prominence and how they made gamblers feel that the problem wasn’t them it was you. 

With tens of billions being bet on the World Cup and prediction markets like Polymarket allowing people to take a position on everything, we wonder where it will end?


Hosted on Acast. See acast.com/privacy for more information.

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