undefined | Better HN

0 pointsphpisthebest3y ago0 comments

Sadly I think in modern society we have shifted from having to justify why something should be illegal, and today for many the default assumption is that all activity should be illegal and one should need to justify the value, subjective "goodness", or utility of an activity, business, device, etc for it is be ruled "legal"

>by the state itself! But it is illegal for me to gamble on a skill-based game like poker or predict-it

I think you have hit on the root cause, poker and other games of skill is harder for the government to inject themselves into it, harder to control the odds and revenue (like lottery), etc.

0 comments

mateo4113y ago

>I think you have hit on the root cause, poker and other games of skill is harder for the government to inject themselves into it, harder to control the odds and revenue (like lottery), etc.

I don't think so. You can just grant a gaming license for a card room. In order to maintain the gaming license the establishment has to pay a yearly licensing fee to the government. That seems pretty straightforward.

JohnHaugeland3y ago

they did, in fact, very clearly justify why this should be illegal.

phpisthebestOP3y ago

I read the CFTC revocation letter, they do not justify anything unless you have a very loose definition of justify

their letter says "we had X exceptions, we say you failed" That is not justification, that is just accusation. Nothing in the 2 page note provides any actual justification.

JohnHaugeland3y ago

> I read the CFTC revocation letter, they do not justify anything unless you have a very loose definition of justify

The CFTC letter says "we made an agreement eight years ago and you never honored it."

If you want the justification, read the original agreement, not the "you broke your promise, no more special privileges for you" notice.

> their letter says "we had X exceptions, we say you failed" That is not justification

That's correct. You looked in the wrong place. Punishment for failing to honor an agreement is not, generally, where people explain the purpose of the agreement.

> Nothing in the 2 page note provides any actual justification.

That's correct. You looked in the wrong place.

phpisthebestOP3y ago

The original no-action letter offers no justification either, just a series of edicts by the regulators and a comparison to a previous small market.

They start from the assumption that their regulations are good, correct and need, they offer no justifications on why the limits or guidelines are imposed or why it should be regulated at all.

Nothing in any of the letters has anything resembling justification, at best the revocation letter is circular logic citing the no action letter but in neither is anything justified

3 more replies

j / k navigate · click thread line to collapse

0 comments

mateo4113y ago

>I think you have hit on the root cause, poker and other games of skill is harder for the government to inject themselves into it, harder to control the odds and revenue (like lottery), etc.

JohnHaugeland3y ago

they did, in fact, very clearly justify why this should be illegal.

phpisthebestOP3y ago

I read the CFTC revocation letter, they do not justify anything unless you have a very loose definition of justify

their letter says "we had X exceptions, we say you failed" That is not justification, that is just accusation. Nothing in the 2 page note provides any actual justification.

JohnHaugeland3y ago

> I read the CFTC revocation letter, they do not justify anything unless you have a very loose definition of justify

The CFTC letter says "we made an agreement eight years ago and you never honored it."

If you want the justification, read the original agreement, not the "you broke your promise, no more special privileges for you" notice.

> their letter says "we had X exceptions, we say you failed" That is not justification

That's correct. You looked in the wrong place. Punishment for failing to honor an agreement is not, generally, where people explain the purpose of the agreement.

> Nothing in the 2 page note provides any actual justification.

That's correct. You looked in the wrong place.

phpisthebestOP3y ago

The original no-action letter offers no justification either, just a series of edicts by the regulators and a comparison to a previous small market.

They start from the assumption that their regulations are good, correct and need, they offer no justifications on why the limits or guidelines are imposed or why it should be regulated at all.

Nothing in any of the letters has anything resembling justification, at best the revocation letter is circular logic citing the no action letter but in neither is anything justified

3 more replies

j / k navigate · click thread line to collapse