A Quote by James Surowiecki

The ban on sports betting does exactly what Prohibition did. It makes criminals rich. — © James Surowiecki
The ban on sports betting does exactly what Prohibition did. It makes criminals rich.
While, to me, daily fantasy is in no way sports betting, it's certainly a cousin of sports betting in that it attracts many of the same type of people who would otherwise choose to bet on sports.
It might be a little rough on some people for a while, but I think it's the only way to deal with drugs. Look at Prohibition: all it did was make a lot of criminals rich. Should be legalized for a matter of sanity.
The war on drugs is identical to the prohibition of alcohol: all you're doing is making criminals rich and powerful.
Most major sports benefit from the fact that betting by the general public fuels fan interest and boosts television ratings. The Super Bowl and 'March Madness' are prime examples. But sports other than boxing draw a clear line where betting by participants is concerned.
There are criminals who are drug users, but most addicts are criminals only by virtue of prohibition or from resorting to crime to pay inflated black market prices.
Alcohol didn't cause the high crime rates of the '20s and '30s, Prohibition did. And drugs do not cause today's alarming crime rates, but drug prohibition does.
All pro sports, as well as the NCAA, should thank God every day we have sports betting here... We have the only agency in the world that regulates the honesty of games.
The so-called assault weapons ban is a hoax. It is a political appeal to the ignorant. The guns it supposedly banned have been illegal for 78 years. Did the ban make them 'more' illegal? The ban addresses only the appearance of weapons, not their operation.
This is what makes sports so amazing, that we can start a discussion around a table, in the newspaper, in the magazines, that will get people's attention. And that's what sports does.
Prohibition... goes beyond the bounds of reason in that it attempts to control a man's appetite by legislation and makes a crime out of things that are not crimes... A prohibition law strikes a blow at the very principles upon which our government was founded.
I did everything when I started. In Miami I did news, I did weather, I did sports, I did disk-jockeying. And I did a sports talk show every week - every Saturday night.
Betting on the success of innovative technologies in the marketplace can carry all the uncertainty and risk that betting on the next card in the deck does at a blackjack table in Las Vegas. There is a factor of randomness that must be factored in, but precisely how to do so is anyone's guess.
The individual skill of the player determines the outcome, unlike betting on the horses or betting on the lottery. It's not an individual betting against the house and that's an important distinction.
Everybody's got a worldview. Everybody's betting their life on something. ... You just better know why you're betting what you're betting on.
We've had an assault rifle ban in our country, and that did not accomplish the objectives. We had Columbine during the time that that ban was in place.
My source of income is sports betting. I have some investments also.
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