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Gambling -> bad gamblers lose -> bankruptcy -> creditors eat losses

Technically, a lot of gamblers are gambling someone else’s money, they just havens lost enough yet for it to matter.

If you want to bring back debtors prison I guess I’d be fine with legalized gambling. If I’m stuck holding the coupon, I’ll pass.

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I feel like we are skipping a lot implicit things that shouldn't be left implicit. How are you paying for the bad gamblers' losses? Are you deliberately lending to gamblers without due check? Probably not, that would be very imprudent.

If you aren't the creditor, then I suggest that you make it explicit how you are losing wealth with this. Good chance the issue might be somewhere along the way.

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