this post was submitted on 04 Jan 2026
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A Boring Dystopia

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[–] asg101@lemmy.blahaj.zone 27 points 2 days ago (1 children)

I still want to know who made $$millions shorting American and United Airlines before 9/11.

[–] SaveTheTuaHawk@lemmy.ca 8 points 1 day ago (1 children)

It was $5 million, and the money is unclaimed on the Chicago stock exchange.

[–] asg101@lemmy.blahaj.zone 4 points 1 day ago (1 children)

Someone has to know who placed the order.

[–] SaveTheTuaHawk@lemmy.ca 1 points 1 day ago

all that is confidential unless SEC form 4.

[–] ZoteTheMighty@lemmy.zip 165 points 2 days ago (2 children)

I'm willing go bet a lot of people making weird bets like this are doing the equivalent of insider trading. The whole concept of betting on random news is ripe for the opportunity for people with insider knowledge to always win big off of the losses of gambling addicts.

[–] plyth@feddit.org 69 points 2 days ago (2 children)

That's the point of those platforms, to bribe the people with that knowledge to reveal it.

[–] ronl2k@lemmy.world 4 points 1 day ago* (last edited 1 day ago) (2 children)

What would happen to those platforms if governments and rich people deliberately made a bunch of $35k bets that were designed to lose, making all the copycat gamblers lose?

BTW, who is responsible for preventing new bets after the event has occurred, but before the event expiration time?

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[–] cheesybuddha@lemmy.world 10 points 2 days ago

Of course it is and the creators know that. But it's profitable

[–] MuskyMelon@lemmy.world 19 points 2 days ago (1 children)

Barron is doing this shit.

[–] daannii@lemmy.world 5 points 1 day ago

Can we make a bet on that ?

[–] randoot@lemmy.world 54 points 2 days ago (5 children)

You have to be an idiot to gamble at these sites. I already feel like an idiot for having money in the stock market with all the insider trading, but thanks to inflation you're fucked if you do and fucked if you don't.

[–] Teppichbrand@feddit.org 29 points 2 days ago (1 children)

The stock market is a global suicide machine, change my mind

[–] nandeEbisu@lemmy.world 21 points 2 days ago (1 children)

It's a ponzi scheme supporting millions of people's retirements, myself included.

Ideally we have social security, which is a much more regulated and carefully managed ponzi scheme but the people in power use it like a piggy bank because it's not like they're going to be around when it runs dry.

[–] Ronno@feddit.nl 5 points 1 day ago

I live in a country with a quite strong social security scheme, but the money in our social security funds, like pensions, is mostly invested in the stock market anyways.

[–] TheReturnOfPEB@reddthat.com 4 points 1 day ago* (last edited 1 day ago) (1 children)

Unless you had an active decision in oar were privy to the making of the attack happen.

[–] Buddahriffic@lemmy.world 1 points 1 day ago

The fact that you end up potentially gambling against insiders like this is one thing that makes these bet on anything sites so dumb to interact with in the first place. Which also makes me not really care about this particular grift.

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[–] Greddan@feddit.org 171 points 2 days ago

Oh no! Not my unregulated degenerate gambling!

[–] cheesybuddha@lemmy.world 40 points 2 days ago (5 children)

Well yea, is it not blatantly obvious to everyone that bad actors will use this "bet on anything" bullshit to grift the system?

I'm certain the people who run the websites know this and don't give a shit, because it's profitable.

[–] IndustryStandard@lemmy.world 22 points 2 days ago (1 children)

The weird thing is that it provides OPSEC to US opponents. Simply watch polymarket for a yolo bet

[–] ronl2k@lemmy.world 13 points 1 day ago

This is the most important comment on the issue. It's pretty much giving US secrets away ahead of time.

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[–] Walk_blesseD@piefed.blahaj.zone 75 points 2 days ago (5 children)

Can we all go on polymarket and start a betting pool that Peter Thiel will not be violently assassinated by the end of the year?

[–] bunchberry@lemmy.world 39 points 2 days ago (4 children)

Bad people don't die. The more evil you absorb the longer you live. Like Kissinger living to 100.

[–] TheOakTree@lemmy.zip 11 points 1 day ago

Because it has to be here.

[–] SoleInvictus@lemmy.blahaj.zone 17 points 2 days ago

I suspect it's the lack of stress due to being a sociopath. Not caring about others has to make life pretty easy in some respects.

[–] UnderpantsWeevil@lemmy.world 12 points 2 days ago

Bad people don’t die

Selection bias. Bad people die all the time, and then we forget about them (or never learn about them) because they stop being in the spotlight.

Nobody talks about the Koch Brothers or the Waltons anymore, as they've degraded to irrelevance. Nobody talks about the Carnegies or Fords or Hoovers anymore, for the same reason.

Steve Jobs was an evil fuck and he's gone now, so he's off the radar.

Meanwhile, nobody had Lucky Palmer pegged as a sociopath ten years ago and now he's doing James Bond Villain tier war crimes.

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[–] palmtrees2309@lemmy.world 40 points 2 days ago (1 children)

Polymarket, Kalshi and others are Insider trading systems camoflauged as a "Truth Seeker" but at the end, It is a gamble even worse than a gambling casino. The insider trader has a incentive to stack odds against oneself and "beat" a better likelihood in the market. Even as a truth finder, It works at the last second before the actual reveal.

[–] deHaga@feddit.uk 11 points 2 days ago (1 children)

Corrupt politicians are corrupt. More at 11.

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[–] TheEighthDoctor@lemmy.zip 34 points 2 days ago (1 children)

My question is what are the other predictions

[–] ronl2k@lemmy.world 5 points 1 day ago

what are the other predictions

They don't matter since they were probably used to hide the insider knowledge of the Maduro kidnapping.

[–] Mulligrubs@lemmy.world 97 points 2 days ago* (last edited 2 days ago) (2 children)

This is the least of it. Representatives entire families are set for life. Somehow, everybody in their family gets stinking rich after election, and their book is always a "NYTimes best seller" because they are bought by the campaign (and dumped in a landfill), insider trading is rampant, super-PACs.

I'm okay with someone in the military picking up some extra cash. Family has to eat, whether government is "shut down" or not. I hope it was some smart ass buck private.

In the USA politics is the number three easiest way to achieve "financial security", only inheritors and prosperity gospel preachers have it easier.

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[–] RememberTheApollo_@lemmy.world 56 points 2 days ago (11 children)

TIL there’s a website where anyone can bet on anything.

[–] CosmicTurtle0@lemmy.dbzer0.com 39 points 2 days ago (1 children)

What?! What are the odds?!

[–] KyuubiNoKitsune@lemmy.blahaj.zone 16 points 2 days ago (1 children)
[–] Trex202@lemmy.world 16 points 2 days ago (5 children)
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[–] thedeadwalking4242@lemmy.world 43 points 2 days ago (9 children)
[–] OshagHennessey@lemmy.world 35 points 2 days ago (2 children)
[–] thedeadwalking4242@lemmy.world 14 points 2 days ago (1 children)

I hate that I was primed for a world with rules when there are none.

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[–] MoffKalast@lemmy.world 12 points 2 days ago

Always has been if you're rich.

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[–] Noite_Etion@lemmy.world 58 points 2 days ago* (last edited 2 days ago)

When there is no punishment, the system must be working perfectly.

[–] homoludens@feddit.org 22 points 2 days ago

The obvious question is: what other bets did they make? (though those may of course be decoys)

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