2. I used to work in the gaming industry too (not slots). If you're on the other side you just realize in the long run gambling is a losing proposition so you won't be pursuing the activity as hard. Also that job is a consistent stream of income.
3. Yes, but they are designed to be as addictive as possible. I'm quite appalled by online slots (Android, iPhone) where no money is at stake, but coins can be purchased, and the amount of coins purchasable is adjusted based on how much you play. I'm thinking Zynga based games primarily.
5. That's fair but a weak argument. 100% of people who go to the theatre or eat out spend money, but the amount is fixed and known up front. I guess you can say the same for slots when the payout percentage is up front, but still, Vegas wasn't built by giving away money.
Pretty much this. This story is a bit click-baity with the details summarized as a comedy of errors. I love Matier and Ross as much as anyone else, but they really should have dove into this more. It's absurdly silly if SF had no contact with any of the residents of 30 years and just out of the blue decided to auction the rights to the street.
As for the winner, kudos to him. Now he'll either settle for a significant amount of court, or mired in years of civil trial.
Is there anytime similar about the 1-2.5% fee merchants have to pay to utilize this service? I'd bet Visa, MasterCard, and AMEX are making a fortune off all these transactions.
Why does the government even pay companies to manage and rehabilitate student loans? Even if a student defaults on said debt, that debt is practically impossible to discharge even if you file for bankruptcy.
Oh damn, then it's just opening short/long term trading to a new segment of people that wouldn't otherwise do it. That's like 100% casino/poker bonuses during the poker boom.
What's the long play then? Surely Robin Hood isn't absorbing the the transaction fees as a loss leader just to increase it's user base? If that's the play, any other company can emulate that.. The incentive seems to be this may cause a price war with existing brokerages.
A friend of mine accidentally pushed his Heroku or New Relic API key to a toy repo which was public and that information was immediately scraped and used. He was billed a non trivial about which he disputed but cost some time and headache.
Enforce best practices and don't do that even if it's for something trivial and won't have real world consequences.
This makes no sense. Are you telling me high school teachers and counselors are telling students to go to colleges without factoring in costs/financial aid packages/ROI?
I think this is less an argument for how much skill is involved in DFS - there is, but how slim the chances are for recreation players to win against the pros. This seems like a scam for recs who stand no chance.
I have to disagree. I am not too familiar with the world of DFS, but I am with online poker. I understand many heavy hitters from poker transitioned into DFS a few years ago.
There clearly is a need for better information, tools, and software for DFS players to make their decisions. Whether this will hurt his winnings by making his competition smarter is another issue. Can't find fault in him by branching out to another stream of revenue.
As a former CAL student, I am saddened to read about this.
I didn't have to take Math 1A or any math course for that matter, but I did have to take an AC course per University requirements. I wasn't looking forward to it.
I ended up taking the Southern Border with Professor Shaiken. That was by far one of the most educational and interesting courses I had taken at CAL.
I too would like to see the University's side, but I am inclined to believe they can't respond for legal reasons, and if they could their response would be far more vanilla then Prof. Coward's side.
- They let and would let as many students live on site free of charge in the most expensive rental market in the US. I am certain all students from out of town or out of state are forever grateful for just this. Rent in SF/SOMA can easily top $2,000.
- Also agree that a/A changed my life and the best three month investment I've ever made. Likewise many of my peers feel the same way.
I wouldn't say they are selling shovels. They could easily charge an upfront free and eliminate the risk of a student not finding a job or not paying upon placement.
Changing that model, however, would have been cost prohibitive for me and I'm sure a lot of other people.
As an App Academy grad, I'm sorry about your experience. I am unaware of a/A charging $18,000 due to your age, or your lack of a college dree, or both. I know several students in my cohort didn't have a formal degree. Also the age of my cohort varied widely - young and old.
Was the $18k to be charged up front, upon finding a job, or within a year of you not finding a job? For me I was unaware of deposit increased from $3,000 to $5,000 which they only told me during one of the interviews.
I know there are some hoops to jump through, but I don't think it's as bad as you make it to be. The initial coding challenge can be taken almost immediately and my live coding challenge was scheduled a week later. I was in the conditional acceptance group where I had to do additional 'homework'. If you were in that boat, that sucks.
~ The policy does sound a little dubious. I would be very suprised if it was a blanket policy.
3. Yes, but they are designed to be as addictive as possible. I'm quite appalled by online slots (Android, iPhone) where no money is at stake, but coins can be purchased, and the amount of coins purchasable is adjusted based on how much you play. I'm thinking Zynga based games primarily.
5. That's fair but a weak argument. 100% of people who go to the theatre or eat out spend money, but the amount is fixed and known up front. I guess you can say the same for slots when the payout percentage is up front, but still, Vegas wasn't built by giving away money.