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Comment by aurareturn | Hacker News Reader

It makes sense to ban government officials from betting. It's hard enough to enforce insider trading. With legal betting, it's literally impossible.

Another worrying issue with betting is just how prevalent the last election was in betting markets. In elections won by thousands or even just hundreds of votes, betting markets can skew results where betters vote for someone just purely for the bet and persuade, shill for the person they bet on.

I can imagine betters placing a bet on a candidate and then launching a defamation campaign against the other.

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Or campaigns could hedge their risk by buying the other guy. They either win the election or get all their expenses refunded.

That's like "South Park" S01E10 (1998);

Damien (South Park) - Wikipedia https://en.wikipedia.org/wiki/Damien_(South_Park) :

> The majority of South Park's residents bet on Satan to win the match due to his enormous size and muscular physique, but Satan ultimately throws the fight and reveals he bet on Jesus, thus winning everybody's money.

> They either win the election or get all their expenses refunded.

How would that work with something like the WH Press Secretary who has refused to give back some $350K in campaign donations (though currently FEC can't prosecute any campaign finance violations because they don't have a quorum because Trump has not nominated and confirmed enough FEC commissioners.)

I think trump has identified the inefficacy of our supposed checks and balances. In school, we were taught that the 3 branches of government protect against a rogue leader, which is obviously not true. After he is removed or ends his term, I hope the weaknesses in the system are fixed. Yeah I hate him, but the system was supposed to protect us from this outcome.

"David Letterman Was DISGUSTED When Trump Showed His True Character" in re: to promoting professional boxing and boxers: https://youtube.com/watch?v=E9MB4CUraGc :

> As soon as he gets out, he's going to fight in my casinos

> With legal betting, it's literally impossible.

Murphy v. National Collegiate Athletic Association https://en.wikipedia.org/wiki/Murphy_v._National_Collegiate_... :

> State of New Jersey, represented by Governor [Chris Christie], sought to have the Professional and Amateur Sports Protection Act (PASPA) overturned to allow state-sponsored sports betting.

How does Murphy v. National Collegiate Athletic Association affect or affirm states' rights on cannabis regulation and legalization?

Wasn't Christie against Medicalization and Legalization?

IMO it's less fun to see scared gamblers at sporting events.

A quote from the film "Two for the Money":

"See, most gamblers, when they go to gamble, they go to win. When we go to gamble, we go to lose."

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