I am talking up structured financial instruments like that. Obviously, DraftKings doesn't map perfectly to etfs and options, but i think the analogy stands.
To be clear, I think that skill based wagers should be allowed. I was begging the question, is there a difference here, and it is:
It is a lot better known how the outcome of a football match will be determined than other fin. products.
Football is pretty discrete and doesn't have a broad impact on soccer outcomes (unless you are not American the soccer === football)
This is discretionary capital and not investment money.
So, my sarcastic point was: thanks for protecting me from having fun with $20 i earned weekly, don't you have anything else you might want to look into?
To be clear, I think that skill based wagers should be allowed. I was begging the question, is there a difference here, and it is:
It is a lot better known how the outcome of a football match will be determined than other fin. products.
Football is pretty discrete and doesn't have a broad impact on soccer outcomes (unless you are not American the soccer === football)
This is discretionary capital and not investment money.
So, my sarcastic point was: thanks for protecting me from having fun with $20 i earned weekly, don't you have anything else you might want to look into?