The Skinnerbox Economy: Horse Betting and Cryptocurrency

Today, I talk about horse race betting, cryptocurrency investing, and operant conditioning chambers ("Skinnerboxes"). Variable reward schedules/payouts hook "investors" with high-risk profiles (particularly young men) into spending their money at the track, in the crypto market, and (increasingly) in both!
Bluesky: bsky.app/profi...
Mimbres School: mimbres.study....
Sources
Griffiths, Mark D. "Adolescent social networking: How do social media operators facilitate habitual use?." Education and Health 36, no. 3 (2018): 66-69.
Huggins, Mike. "Associativity, gambling, and the rise of protomodern British sport, 1660-1800." Journal of Sport History 47, no. 1 (2020): 1-17.
Kerr, Jack. "How can legislators protect sport from the integrity threat posed by cryptocurrencies?." The International Sports Law Journal 18, no. 1 (2018): 79-97.
Lee, Choong-Ki, Ki-Joon Back, David C. Hodgins, and Tae Kyung Lee. "Examining antecedents and consequences of gambling passion: the case of gambling on horse races." Psychiatry Investigation 10, no. 4 (2013): 365.
Miller, Penelope P. “U.S. Horse Racing Betting Industry Handle Surges to Highest in Years.” The Sport. January 26th, 2022. www.americasbe...
Mills, Devin J., and Lia Nower. "Preliminary findings on cryptocurrency trading among regular gamblers: A new risk for problem gambling?." Addictive behaviors 92 (2019): 136-140.
Pritchett, Kathleen, and Guy B. Mulder. "Operant conditioning." Journal of the American Association for Laboratory Animal Science 43, no. 4 (2004): 35-36.
Topps, Andrew. "Place Your Bets: The Legal Integration of Sports Betting With Cryptocurrency." UNH Sports Law Review 2, no. 1 (2023): 5.
Images
By Original: AndreasJS Vector: Pixelsquid - This file was derived from: Skinner box scheme 01.png: by AndreasJS, CC BY-SA 3.0, commons.wikime...
By Photo: Myrabella / Wikimedia Commons, CC BY-SA 4.0, commons.wikime...
By Silly rabbit - self-made (by User:Silly rabbit). Updated in the Gimp by User:Michaelrayw2., CC BY 3.0, commons.wikime...
Other images from Wikimedia Commons in the Public Domain

[@PatrickPrendergast-rp6sf]

Hi Joy , As usual with your presentations it's a jolt to the mind . having experienced the high followed by the low of betting on horses and crypto. Dumb in hindsight but captivating in the moment. Great to appreciate the MOA but still wonder if that mouse ever gets tired of pressing that button and takes a break.! Being informed of the mechanisms that these industries use to manipulate our basic instinct is empowering . Thanks.

[@LatentMoori]

More vids about horses? Sign me up! I'd love to see one about bits, how harmful they can be and is there really any reason to use them, if we assume that we should ride horses at all.