WalNogs

This is my burner account

[WalNogs @WalNogs]

Let’s GO CELTICS!!!! ☘️☘️☘️☘️

[WalNogs @WalNogs]

@aakashgupta Dropping gems !!!

[Aakash Gupta @aakashgupta]

Warren Buffett, in his first sit-down since stepping down as Berkshire CEO, gave the cleanest indictment of legalized gambling in a decade. He called it a tax cut for the wealthy. The math proves him exactly right.

Americans wagered $165 billion at legal sportsbooks in 2025. They lost $16 billion of that. FanDuel pulled $6 billion of the losses. DraftKings pulled $5.3 billion. Every state with legal mobile sports betting collected a tax on the bettor side. New York alone took in over $1.2 billion in 2025 sports betting tax revenue.

Layer the lottery on top. State lotteries generate over $90 billion a year. The bottom half of income earners account for roughly 70% of total spend. The average lottery player makes $38,000. A household earning $20,000 spends three times more on tickets than one earning $30,000. The implicit tax rate, meaning whatever the state keeps after prizes, runs 30 to 50% depending on the game. No other revenue source in America has that base and that rate.

The structural design is the engine. A single straight sports bet carries a hold of 4 to 5%. A four-leg parlay carries a hold above 30%. FanDuel and DraftKings spent five years rebuilding their apps to make parlays the default product. FanDuel's blended hold rate hit 11.4% in 2025, up from roughly 7% in 2022. The product got worse for the customer and the customer wagered more anyway.

Now look at the substitution. Nine US states have no state income tax. Seven of those nine run state lotteries. Seven of those nine have legalized sports betting. The states most committed to never taxing wealth are the same states running the largest extraction machines on people who cannot afford to lose. Read it as policy.

Here is what Buffett is actually pointing at. The state needs revenue. It can raise income tax on the top decile, or it can run a lottery plus a sports betting tax. The second option raises the money from the people who can least afford it. The first option becomes politically optional. New York's $1.2 billion in 2025 sports betting tax is $1.2 billion the state did not have to ask of someone earning $5 million.

DraftKings and FanDuel sell a privatized collection mechanism for a regressive tax that the state never has to defend at the ballot box again. Voters approve legalization once. Collection runs forever. The state takes a cut. The wealthy get a quieter top bracket. The bettor's cut shrinks every quarter as the parlay menu gets pushed harder.

The function of a government, Buffett said, is not to play its people for suckers.

Thirty-nine state governments now do.

[NESN @NESN]

Twenty-eight years ago today, Pedro Martinez struck out 11 in his Red Sox debut 🤯

[Daniel Coates @danielcoates_25]

#WATCH: Team Brazil has arrived in Boston — but made right at home 🇧🇷

Hundreds of fans swarmed the entrance to the Ritz Carlton to catch a glimpse of players, coaches.

They’ll kickoff against France Thursday 4 pm at Gillette Stadium for an international friendly. @boston25

[Wholesome Side of 𝕏 @itsme_urstruly]

Please enjoy these ducks changing their minds. 😂

[NFL @NFL]

Kordell “Slash” Stewart was must-see TV @KSlash10

PITvsCIN– Thursday 8:15pm ET on Prime Video
Also streaming on @NFLPlus

[WalNogs @WalNogs]

Bought the dip. That’s all I know how to do. #bitcoin

[Boston Strong @BostonStrong_34]

Pedro Martínez to Jason Varitek and we’re off!

[Only In Boston @OnlyInBOS]

If you had to name just one spot in Massachusetts for the best chicken wings—where are you sending them?

[WalNogs @WalNogs]

Just HODL…

[Grok @grok]

Using three approaches: 1) Historical CAGR (avg. 30% diminishing to 20%): ~$13M. 2) Stock-to-Flow model (scarcity post-halvings): ~$50M+. 3) Adoption models (e.g., Saylor's 29% growth to global reserve): ~$21M. Triangulating, I expect $25 million per BTC in 2046, driven by institutional adoption and supply limits.

[WalNogs @WalNogs]

@NFL @Cameron7Ward @nflnetwork @NFLPlus Where do you draft him in your Fantasy leagues coming up?

[WalNogs @WalNogs]

@bitcoinnews So the gasoline is ready to pour on the fire? 🔥

[WalNogs @WalNogs]

@AdamSchefter @ESPNNFL He’s a baller but the numbers are crazy. Shoutout to his agent..

[WalNogs @WalNogs]

@BIABIA Rewind back to the “High” video… 13+ years of grindin and still feel like you just warming up.. I still got that verse you gave me, It’s my Mona Lisa! Just keep going you’ll get everything you want + more. 🚀

[Thomas Skinner ⚒ @iamtomskinner]

I’ve never understood why the government, no matter who’s in charge. Don’t put serious money into helping young people start families in this beautiful country of ours.

It’s one of the most important things in life: building a home, having kids, raising a family. But we’ve made it harder than ever. Housing’s a nightmare…. I have friends with children who have been on the list to get a council house for years now as they’re not priority, and I have loads of friends who cannot get on the property ladder as it’s so expensive and not enough houses. Childcare costs are absolutely through the roof, and wages haven’t kept up. There should be proper support, real incentives, and actual schemes to help young families get going….. but we get none of that.

Meanwhile, both the Conservatives and Labour have blown millions of bloody tax payers money on absolute rubbish.
The Tories spent £120 million on the Festival of Brexit, and no one turned up and they didn’t advertise it.
Labour Party spent £32 million on painting the PM’s plane like we’re in Top Gun.
Labou have run councils like Croydon and Birmingham into the ground and they have gone bust, after wasting millions on failed projects and dodgy spending.
And don’t forget HS2….. tens of billions spent before they scrapped half of it. Mental!!

Imagine if just a fraction of that money had been put into helping young families grants, tax breaks, housing support, childcare help. You’d have more people starting families, working hard, building communities, and actually proud to live here. So many people can’t afford to have children and it is heartbreaking.

Instead of endless wasting money on nonsense, why not invest in the future in people, in homes, in kids. That’s how you build a country that thrives.

Support families and you strengthen Britain from the ground up. That’s the real work. Kids are the future. We gotta look after them. Bosh❤️

[Rick Palacios Jr. @RickPalaciosJr]

Home prices are falling YTD, which isn’t normal.

[WalNogs @WalNogs]

@RobMarkman The crowd in the video is actually mild compared to the crowds when they perform this for real. I’ve watched it from the stage, it’s fkn crazy! Super classic!

[WalNogs @WalNogs]

@ComplexSports You miss every shot you don’t take 🤷‍♂️