Comment Text:
The idea that these markets are 'gaming' but futures, stock options etc. are not is crazy.
In games of chance, the house always wins. When skill is involved, that is not the case. There are consistent winners in these markets because it's not 'gaming'. It's knowledge, skill research, intuition. All good things!
Mark Twain pointed this out 150 years ago in one of his short stories and shut down the luck vs skill debate with this type of thing and we seem to have forgotten all about that.
Look at who wants these markets to go away and that should tell you everything you need to know about whether they should.
This is America. Come on guys.
