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Gambling in the gaming world is even more prominent on Twitch and it's not even pretending to be gaming related anymore.

An incognito screenshot of Twitch I captured just now https://i.imgur.com/fgXDAHB.png - The biggest streamer on the platform is currently streaming real money (crypto) online Slots gambling to 100k+ viewers, and a second streamer in the top 5 category is also streaming Slots.

Supposedly these streamers make millions per month from these gaming sponsorships to pretend to lose their own money in order to convince their already primed audience to become addicts to these same sites.

Children brought up on gaming have been conditioned into becoming the perfect audience for unregulated crypto gambling companies to advertise to and ruin their lives

discuss

weberer|3 years ago

I remember before 2005 or so, the term "gaming" was exclusively used by casinos. We've come full circle.

api|3 years ago

My take on cryptocurrency has become: it’s also all gambling, and for that reason I no longer think there is any chance of it going to zero. Absent regulation there is a simply massive market for gambling. It’s shameless exploitation but people will do it (on both ends).

Most of this stuff is actually worse than casinos. Casinos have a social component, employ people, and are often at least a little regulated so that the odds can’t be absolutely 100% toward the house. Also you win actual money not a virtual game item.

dylan604|3 years ago

>My take on cryptocurrency has become: it’s also all gambling

I have the same feeling towards the stock market. Sure, it can be well researched information on the stock in question, but it's all a bet your interpretation of that stock is right.

skohan|3 years ago

Long term, Casinos absolutely have odds slanted toward the house. With the exception of a very few games, like blackjack, which can be effectively gamed, a gambler will statistically be guaranteed to go broke as the number of games approaches infinity.

balefrost|3 years ago

Münecat made a pretty good video on this topic:

https://www.youtube.com/watch?v=YGfW5U7d8sc

lupire|3 years ago

Why aren't they pretending to win money? Is losing money so attractive?