bitcoin
Bitcoin (BTC) $ 64,172.19
ethereum
Ethereum (ETH) $ 3,402.60
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 570.25
xrp
XRP (XRP) $ 0.622958
cardano
Cardano (ADA) $ 0.439124
usd-coin
USDC (USDC) $ 0.999964
matic-network
Polygon (MATIC) $ 0.545366
binance-usd
BUSD (BUSD) $ 0.974865
dogecoin
Dogecoin (DOGE) $ 0.121879
okb
OKB (OKB) $ 42.85
polkadot
Polkadot (DOT) $ 6.30
shiba-inu
Shiba Inu (SHIB) $ 0.000019
tron
TRON (TRX) $ 0.133871
uniswap
Uniswap (UNI) $ 7.99
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 64,277.22
dai
Dai (DAI) $ 0.999352
litecoin
Litecoin (LTC) $ 71.62
staked-ether
Lido Staked Ether (STETH) $ 3,405.24
solana
Solana (SOL) $ 155.62
avalanche-2
Avalanche (AVAX) $ 27.63
chainlink
Chainlink (LINK) $ 13.83
cosmos
Cosmos Hub (ATOM) $ 6.55
the-open-network
Toncoin (TON) $ 7.16
ethereum-classic
Ethereum Classic (ETC) $ 23.03
leo-token
LEO Token (LEO) $ 5.67
filecoin
Filecoin (FIL) $ 4.60
bitcoin-cash
Bitcoin Cash (BCH) $ 375.94
monero
Monero (XMR) $ 159.65
Wednesday, July 17, 2024
bitcoin
Bitcoin (BTC) $ 64,172.19
ethereum
Ethereum (ETH) $ 3,402.60
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 570.25
usd-coin
USDC (USDC) $ 0.999964
xrp
XRP (XRP) $ 0.622958
binance-usd
BUSD (BUSD) $ 0.974865
dogecoin
Dogecoin (DOGE) $ 0.121879
cardano
Cardano (ADA) $ 0.439124
solana
Solana (SOL) $ 155.62
matic-network
Polygon (MATIC) $ 0.545366
polkadot
Polkadot (DOT) $ 6.30
tron
TRON (TRX) $ 0.133871
HomeRegulationsThe Magic Economics of Playing

The Magic Economics of Playing

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References:
[1] https://www.statista.com/statistics/253416/global-gambling-market-gross-win/
[2] http://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_MET_2017.pdf
[3] https://twitter.com/wendoverpro/standing/1054533498722111488
[4] https://www.nber.org/papers/w18237.pdf
[5] https://twitter.com/wendoverpro/standing/1054533837328281600
[6] https://twitter.com/wendoverpro/standing/1054534236642795522
[7] http://www.its.caltech.edu/~snowberg/papers/Snowberg-Wolferspercent20Riskpercent20Lovepercent20orpercent20Decisionpercent20Weights-NBER.pdf
[8] http://www.football-data.co.uk/weblog/favourite_longshot_bias_tennis.php
[9] https://economix.blogs.nytimes.com/2010/06/02/the-bp-spill-and-the-favorite-longshot-bias/
[10] https://ac-els-cdn-com.ezproxy1.library.usyd.edu.au/S0167268114002194/1-s2.0-S0167268114002194-main.pdf?_tid=6aac86b2-7e4a-46d0-bf4d-5ab70e8db750&acdnat=1540355242_b9bcf6d0549207112968a3467b39a9a0
[11] https://www.hbs.edu/college/Publicationpercent20Files/08-061_17c22e32-fe06-4b4a-8b5e-e09227fc8104.pdf
[12] https://www.commissions.leg.state.mn.us/ladder/120511prizelinkedsavingsFAQs.pdf

Animation by Josh Sherrington
Sound by Graham Haerther (http://www.Haerther.web)
Thumbnail by Simon Buckmaster

Particular due to Patreon supporters
Alec Watson, Andrew J Thom, Braam Snyman, Bryan Yip, Chris Allen, Chris Barker, Connor J Smith, Daddy Donald, Etienne Dechamps, Eyal Matsliah, Hank Inexperienced, Harry Hendel, James Hughes, James McIntosh, John & Becki, Johnston, Keith Bopp, Kelly J Knight, Ken Lee, KyQuan, Phong, manoj kasyap govindaraju, Plinio Correa, Qui Le, Robin Pulkkinen, Sheldon Zhao, Simen Nerleir, Tim Robinson

Music by http://epidemicsound.com

Choose footage courtesy the AP Archive

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