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Old 11-04-2007, 09:08 PM
Collin Moshman Collin Moshman is offline
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Join Date: Apr 2007
Location: Gambling, gambling
Posts: 227
Default Re: How gamblers can make a better world

Very thought-provoking article. I especially like that William explicitly addresses the many logistical difficulties that would accompany this type of gambling.

The only part I think is slightly misworded is the opening:

"Most gambling literature is focused on discussions of how gamblers can help themselves, by placing winning bets. This article has a different focus. This article discusses how the gambling community can help everyone."

Entrepeneurs would not look to offer such wagers as a "public good," rather if they could make a profit from doing so. Individuals would look for +EV bets, the house would get its take, etc., just like all other forms of gambling.

But the 2+2 community is filled with resourceful and entrepenurial individuals, and perhaps somebody reading this will one day bite these difficult logistical bullets and give it a go -- which could indeed have very interesting ramifications.
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