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Gambling platform Stake, which is co-owned by Drake, can create a ton of money right now by launching their lending platform. See, whenever a gambler loses money, they want to recover the lost money via gambling again. But many of the gamblers can'

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Vrishank Raj

VC enthu • 7m

Well, that's the issue most lending platforms face. Coming to stake, it is a rigged platform, so they will prolly let the borrower win a few bets, take their money back, and encourage the gambler to bet again, and then he will lose, stake will earn money. The gambler, thinking that he has the potential to recover the losses will take loan again, and will get trapped in the vicious cycle

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