How Gambling Works
Isaac Rose-BermanSports bettor writing about sports betting
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 30 | Founded | 3 years ago | Last Issue | 2 months ago |
| Active | |||||
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howgamblingworks.substack.comLatest Issues
Kalshi’s Favorite Lie
Unlike traditional sportsbooks, prediction markets like Kalshi are not betting against their users. They pair bettors against each other and take a fee, which means they do not care who wins. Sportsbooks take the other side of users’ bets a...
Gambling, Drugs, and Porn: What I Learned at a Conference on Vice Policy
A smoker in a downtown Las Vegas casino. Jim Wilson, The New York Times
Are Americans—and young men especially—engaging in more vice than ever before? What qualifies as a vice? And is it any of the government’s business?
These were some o...
Who Wants to Bet on the Oscars?
Last night, while watching the Academy Awards, I bet—and lost—$1,000 on Timothée Chalamet to win the Oscar for best actor.
My wager on Kalshi
I was not alone.1 Gambling on current events has exploded recently due to prediction markets, pl...
Gambling is a Verb and a Noun
“The great enemy of clear language is insincerity.” - George Orwell
In my life I have gambled on many things: the winner of a sporting event, how many slices of pizza I can eat, whether someone could distinguish between Coke and Pepsi, to...
Gambling Statistics and the Snapshot Problem
Editor’s Note: I’ll soon be contributing to the new Boys and Men Online Substack. If you’re interested, please give it a follow. Also, happy new year! Thanks for reading.
In a 2018 blog post titled Do the Rich Get All the Gains from Econom...
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Authors
The writers behind this newsletter.
Sports bettor writing about sports betting. Gambling Research and policy Fellow at The American Institute for Boys and Men. isaacroseberman.com
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