Thread

DraftKings is using AI to behaviorally target chronic gamblers

570 points · 432 comments · paimapi

morelandjs · 1790701464 · focus · HN ↗
I like how you have to be an accredited investor to get involved with riskier investment instruments but you can be a total moron with no money and lose whatever you have left betting on sports and prediction markets.
Btw it’s not just those two, add iGaming into the mix which is cell phone gambling glammed up in Candy Crush form. Leeches, all of them.
1. WarmWash · 1790701683 · focus · HN ↗
  To be fair, those "investor knowledge" checks are self-reported knowledge.
  Some brokerages are more strict, but plenty just let you check boxes.
  1. lokar · 1790701965 · focus · HN ↗
    The accredited investor standard is higher then a basic test.
    toast0 · 1790703282 · focus · HN ↗
    The standard may be higher, but the implementation is "This is what it means to be accredited: are you accredited? By the way if you say no, I can't sell you the thing I've been trying to convince you to buy."
    If you had to take and pass a test, that might filter out more people; although I'm sure the seller would help you pass the test, so maybe not.
    lokar · 1790711525 · focus · HN ↗
    Is there really no enforcement? That seems, uh, bad?

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