So, you’re watching the Game and it’s 4th and 1. What will your homies do? Punt or go for it? Hey, you’re a fan, you know what the coach will do, but you can’t prove it to anyone except for shooting your mouth off into space.
But, what if you had a betting app on your iGizmo that offered you instant odds on Punt or Go For It, right Now! Tap the amount, tap the bet, watch the play, and get your consequence in real time with the real play.
Talk about a persuasion engine! Look at this Cantor Gaming thing.
Consider the TACTs. The idea of a handheld gaming device is like that organ donor card at the DMV – a physical thing that combines the persuasion play with the TACT at the point of impulse. The gaming device is the simple easy behavior – a physical device that is like our “1% or Less” milk campaign TACT that only asked people to move their outstretched hand a few inches farther along the counter.
Consider the mental state of the receivers, the WATTage. All those distractors during a game. The time constraints of quick betting and not against a constant game like roulette or blackjack where the reality of the play varies only slightly, but a football or baseball or basketball game where the dynamics of time, score, and myriad other factors instantly alter importance, risk, and reward in massive ways.
Consider the Args and Cues. That device contains both. If you are a serious gambler who thinks, this device allows you to do things you’d like to do, but never could before. You can game constantly like you’re playing a computer shooter game. It works intuitively. It fits your hand and pocket. It’s convenient to carry. If you are a serious gambler who ambles along the Periperhal Route, baby, this device is Easy, Fun, and Popular! The Cantor gaming box is all things to all gamblers.
Cantor-Fitzgerald is currently piloting this idea in casinos, but hopes to have it operational for, get this, March Madness. If all goes according to plan, you’ll be able to bet not on winners and losers, but on specific plays during specific games just like my 4th and 1 football example. (Read about this at WSJ, NYT, or Yahoo Sports.)
Of course I’m all wrong about this, but gamblers don’t beat the house. Maybe you can win when you’re betting against your idiot neighbor, but when Cantor-Fitzgerald controls the shoe, gamblers will never win more than the house. And, if you think about the situation from a WATTage point of view, you realize why the house will always do a lot better than the gamblers.
When folks are watching sports, they are not Objective High WATT processors of probability. They are highly activated, emotional, and distracted. Even when they are good at calculating probabilities, that ability is weakened by all those negative willingness factors – emotion, loyalty, excitement. And, the nature of the bet requires extremely fast decision making based on probabilities involving dozens of random variables. This Cantor-Fitzgerald persuasion engine will grab Low WATT sports fans, either unable or unwilling to do the probability calculus, and compress them into Instant Attitude with 4th and 1, hot hand bets, who gets the next rebound, and on and on.
A Peitho Award nomination for Cantor Gaming! Does the Babe come with the device?

P.S. The next money-making app would be SportStat 1.0 that would provide statistical and maven evidence in real time for all the Cantor Gaming wagers. Or else LoanShark 1.0 will be the next app. What’s your bet?
P.P.S. Why not something like this with weather? As I write this post on February 1, 2011, America awaits the Greatest Snowstorm Ever or something close to it. Why not give odds on weather outcomes? More people know more about the weather than sports. Weather Odds would attract a stupendous audience and lot of them believe there is a science of weather that they could use to make money.
Hey, you Climate Change Affirmers, why not prove your point with this? If your science is that good, you should become the House on this and rake in the dough on all those idiot Climate Change Deniers. Think how much money you’d make and how easy it would be and how gratifying it would be to fleece those Know Nothings? I mean, jeepers, the science of weather and climate change is better than the science of probability and gambling, isn’t it? What, you don’t want to make that bet?