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Sydney Sweeney’s prediction ad is cynical, unhealthy and reveals plenty about modern sports | Jane McManus

Key Points

The actor’s latest promotion has stirred outrage but will no doubt benefit the prediction markets hoping to lure in young menPrediction markets are a cynical business. Many customers will lose money, and the real product may just be the delightful dopamine hit that comes in that brief window between placing a bet and its outcome – which is statistically more likely to be a disappointment than a victory. So the bettor has to think they are buying more than their own fleecing.

The actor’s latest promotion has stirred outrage but will no doubt benefit the prediction markets hoping to lure in young men

Prediction markets are a cynical business.

Many customers will lose money, and the real product may just be the delightful dopamine hit that comes in that brief window between placing a bet and its outcome – which is statistically more likely to be a disappointment than a victory. So the bettor has to think they are buying more than their own fleecing.

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Originally published by The Guardian UK Read original →