Luck has no value because it is not measurable.
If you own someone else one hour of work, the other person will see value in using your effort for an hour in the future.
That is measurable and valuable.
Discussion
This presumes the value of labour would be more quantifiable than luck. I contest that. The valuation of labour is complex. The valuation of luck is binary. You won, or you didn't.
Then explain how to trade luck units.
Because explaining that you own someone else an hour of work is far simple by comparison.
Please let's avoid edge cases because the system has limitations. If you own me 10 minutes of work and there a contract proving it, that is something measurable and with value.
Have a look at this.
Similar mechanisms are being used by commities all over the world.
Thank you. Now I understand that concept and provided feedback.
On this case is different because each living person is their treasury that can issue bonds for their own currency, which on this case is time.
So in theory one person can issue thousands of hours in debt. The question is if the market (buyers) will see value in accepting those hours (bonds) and if the issuer (person) is deemed as capable enough to pay the debts (work on behalf of the bond owner).