this post was submitted on 04 Jan 2026
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[–] AstaKask@lemmy.cafe 97 points 1 week ago (3 children)

Prediction markets? It's called online gambling.

[–] henfredemars 56 points 1 week ago

It's not gambling for insiders.

[–] barnaclebutt@lemmy.world 24 points 1 week ago (2 children)

Why the fuck would they pay out on such obvious Insider information?

[–] AstaKask@lemmy.cafe 22 points 1 week ago

Because these sites are grifts used to scam people with gambling addiction and launder money for criminals.

[–] Anivia@feddit.org 18 points 1 week ago* (last edited 1 week ago) (1 children)

Because they profit off the insider bets, and not paying out would make their users distrust them. Or are you expecting a gambling platform to put morals above profit?

[–] MonkeMischief@lemmy.today 3 points 1 week ago* (last edited 1 week ago)

It kinda makes me wonder if they'd actually nullify the assassin loophole.

Bet big that target won't do a thing they're definitely going to do. Assassinate them before they do it, collect the gamble bounty.

(Allegedly one of the services has nullified one of these before, even though it was coincidental)

[–] NatakuNox@lemmy.world 4 points 1 week ago

It's called loser behavior. We've gone full Idiocracy but somehow unfunny. People are gambling on legitimately horrible things. Can't wait until the prediction market gets to gamble on Gaza city home to get blown up. You can play the over/under on the number of children orphaned in every strike.