{"id":4948,"date":"2016-07-06T09:16:45","date_gmt":"2016-07-05T23:16:45","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=4948"},"modified":"2016-07-06T09:17:46","modified_gmt":"2016-07-05T23:17:46","slug":"the-shady-world-of-csgo-gambling","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/the-shady-world-of-csgo-gambling\/","title":{"rendered":"The shady world of CS:GO gambling"},"content":{"rendered":"

\"Source:<\/p>\n

For CS:GO, the introduction of skins led to a thriving gambling market. People buy skins for cash, then use the skins to place online bets on pro CS:GO matches. Because there\u2019s a liquid market to convert each gun or knife back into cash, laying a bet in skins is essentially the same as betting with real money.<\/p><\/blockquote>\n

CS:GO\u2019s popularity skyrocketed along with the skins gambling markets. Valve has sold 21 million copies of the game and made $567 million in total revenue from the title since it debuted almost four years ago, according to research firm SuperData, and a range of websites now let players trade or sell skins, or use them to gamble.<\/p><\/blockquote>\n

Who knew this was even a thing?! Now there’s a class action lawsuit put together by concerned parents (ie. the ones who’re paying for the kids to lose money in an unregulated gambling market) against Valve.<\/p>\n

Throw in some Youtubers who’ve created their own gambling site<\/a> and haven’t divulged that information to any of their 10 million subscribers (despite\u00a0actively promote it) and you’ve got yourself a good ole fashioned scam.<\/p>\n

Fascinating stuff.\u00a0Hardly the first case of Youtube stars not disclosing their endorsements are paid, won’t be the last.<\/p>\n

Source: Virtual Weapons Are Turning Teen Gamers Into Serious Gamblers – Bloomberg<\/a><\/em><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"For CS:GO, the introduction of skins led to a thriving gambling market. People buy skins for cash, then…\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/4948"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=4948"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/4948\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=4948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=4948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=4948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}