How Gambling Works
Isaac Rose-BermanSports bettor writing about sports betting
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 33 | Founded | 3 years ago | Last Issue | 3 days ago |
| Active | |||||
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howgamblingworks.substack.comLatest Issues
Prediction Market Ads are Out of Control
Editor’s Note: This was originally published in City Journal, and co-authored with Jonathan Cohen.
Americans are betting billions on prediction markets, staking money on everything from elections to album sales to football games. Legally s...
Prediction Markets Don't Need Villains
Last Sunday, Netflix released Instadocs: The Prediction Games, a 36-minute documentary on prediction markets. I appear briefly, drinking Capri-Sun and representing the sharps—the traders who win.1 The production focused on the two largest p...
How to Regulate Sports Prediction Markets
The case against sports prediction markets is loud, and not hard to understand. An increasingly lightly-staffed federal regulator is suddenly overseeing products that look, to most people, an awful lot like sports betting. State regulators...
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...
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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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