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Eagle_Arm t1_iza2ylv wrote

Reply to comment by Most_Expert_8080 in A Sports Betting Proposal Heads to the Vermont Legislature by BudsKind802

I think sports betting is better than lottery tickets. I'd take the bet that more middle to upper class would gamble via sports betting than scratch tickets or lottery tickets.

I'm sure the majority will still be lower income people though, which isn't a demographic should be taxing heavier.

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Most_Expert_8080 t1_iza6ied wrote

Lotteries aren't ran for profit by private out of state companies.

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Eagle_Arm t1_izam9tb wrote

I think I understand what your comment meant.

So you don't think Vermont will collect any tax on those bets?

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Most_Expert_8080 t1_izapkz5 wrote

Instead of changing the subject, why don't you put your thinking cap on and try to figure out my very simple statement.

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Eagle_Arm t1_izaqnm3 wrote

Yeah, your declarative statement that didn't actually say anything.

It also isn't changing the subject, the subject was taxes. My question was about taxes. I'm assuming you're not able to answer because you don't know how many of those taxes work.

Why don't you put your thinking cap on and try to answer my very simple question?

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Most_Expert_8080 t1_izaszcx wrote

Poor attempt at pseudo-intellectualism.

Since you're a moron, of course there will be some taxes collected. Just like how there are taxes collected on everything. That most money will go to the for-profit gambling company out of state means that the state of Vermont will have a net negative cashflow by legalizing online sports betting. Since there's barely more than a half million people here and most of them are absurdly poor, it is not a good situation that what little money is here will be taken away. If you really want more tax money, you could make a very minor adjustment to already-extant taxes which would be less negatively impactful to the state than turning a lot of poor people into online gambling addict degenerates.

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Eagle_Arm t1_izaug95 wrote

>Poor attempt at pseudo-intellectualism.

Thank you putting the tl:dr of your comment at the beginning.

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Macbookaroniandchez t1_izcn9o1 wrote

why is someone elses inability to control themselves my problem? if you dont want to participate, dont participate.

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Playingwithmyrod t1_izandcw wrote

At least sports betting you have a chance to win. Lottery tickets are literally just poor and middle class people setting their money on fire.

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Eagle_Arm t1_izanxgs wrote

Sports betting is a great way to turn $100 into $200 into $65 into $180 into $640 into $50 into $0.

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Playingwithmyrod t1_izaq8w2 wrote

Exactly. But at least you had the opportunity to make money and cash out. Versus taking 20 dollars a week for your whole life and throwing it straight in the trash.

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Eagle_Arm t1_izaqw2l wrote

And lottery players can stop anytime too. The "chance" to cash out isn't something that actually happens, that's why betting agencies can always cover it's costs, people don't cash out.

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Playingwithmyrod t1_izas66n wrote

They make money because more often than not they're right. I'll take 40 percent odds over 0.00000001 percent odds but what do I know about math. You can't compare the two. Sure any kind of betting has risks.

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Eagle_Arm t1_izauysr wrote

Oh, don't get me wrong, if betting came to VT, I'd probably throw some money into it every now and then. I also buy a powerball ticket with it's a billion dollars, but with a bet, I also don't expect to see that money. It's just petty cash that if win/lose, it doesn't matter.

The issue I see with betting is the people who will keep it in business, the same asottery tickets. The, "I just haven't caught the break yet" folks.

I'd like to see sports betting in VT, but I also see it as something that isn't "good".

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