Hacker News with Generative AI: Sports Betting

How Innovative Payout Models Can Revolutionize Betting (medium.com)
As the founder of Betron Markets, I embarked on this journey because of my frustrations with traditional betting platforms. Losing always meant losing everything. It didn’t matter how close you were to predicting an outcome; it was all or nothing. This binary nature of betting didn’t just make the experience stressful — it discouraged creativity and pushed bettors into high-risk scenarios with minimal reward.
Beating the bookies with their own numbers (arxiv.org)
The online sports gambling industry employs teams of data analysts to build forecast models that turn the odds at sports games in their favour.
Sports Betting Will Do to America What It's Done to Australia (jacobin.com)
Australia is the canary in the coal mine for sports betting, and Americans should pay attention to the destruction the industry has caused.
Pro bettors disguising themselves as gambling addicts (bloomberg.com)
Pro bettors have taken to disguising themselves as gambling addicts so sportsbooks keep the free money flowing.
Should Sports Betting Be Banned? (maximum-progress.com)
You may have seen this recent paper on the financial effects of legal online sports betting floating around econ twitter a few weeks ago:
Make sports betting taboo again (jacobin.com)