The Magic Economics of Gambling Build your website for 10% off at http://Squarespace.com/WendoverSubscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinterestingGet the Wendover Productions t-shirt: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirtCheck out my personal channel: https://www.youtube.com/channel/UCDA1X6RrhzZQOHOGvC3KsWgSupport Wendover Productions on Patreon: https://www.patreon.com/wendoverproductionsYoutube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductionsReferences: [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/status/1054533498722111488 [4] https://www.nber.org/papers/w18237.pdf [5] https://twitter.com/wendoverpro/status/1054533837328281600 [6] https://twitter.com/wendoverpro/status/1054534236642795522 [7] http://www.its.caltech.edu/~snowberg/papers/Snowberg-Wolfers%20Risk%20Love%20or%20Decision%20Weights-NBER.pdf [8] http://www.football-data.co.uk/blog/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/faculty/Publication%20Files/08-061_17c22e32-fe06-4b4a-8b5e-e09227fc8104.pdf [12] https://www.commissions.leg.state.mn.us/ladder/120511prizelinkedsavingsFAQs.pdfAnimation by Josh Sherrington Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Simon BuckmasterSpecial thanks 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 Green, 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 RobinsonMusic by http://epidemicsound.comSelect footage courtesy the AP Archive Wendover Productions is all about explaining how our world works. From travel, to economics, to geography, to marketing and more, every video will leave you with a little better understanding of our world. Follow the podcast for daily episodes. Find Wendover Productions on YouTube: https://www.youtube.com/@Wendoverproductions Disclaimer: This podcast is an unofficial, fan-created project that repurposes content originally produced by Wendover Productions. It was made with the intent of broadening access to Wendover’s educational videos by offering them in an audio-only format, ideal for on-the-go learning. This project is not affiliated with, sponsored by, or endorsed by Wendover Productions. All original video content, including rights and intellectual property, remains solely with Wendover Productions. If you represent Wendover Productions and would like to request changes or removal, please reach out directly. ---------------------------------- ---- Keywords: aviation, electric grid, grocery stores Learn more about your ad choices. Visit megaphone.fm/adchoices
