15 years from now legalized sports gambling and prop/prediction-markets gambling will be viewed as Oxycontin is seen today: an obvious social epidemic we could have done something about before it financially ruined another generation of young men.
But hey, profits!
dumbdumb222 on
“Prediction Market”
cosmernautfourtwenty on
And they’d deserve it what with the whole „taking people’s money to gamble on war crimes and nuclear annihilation“ shit.
Sheriff_Hopper on
Place your bets now to see if the Bill passes or not
akurgo on
So if insider knowledge is possible, betting would be illegal. Applies to almost everything but lotteries, doesn’t it? Like when people bet on Christ returning this year. What if someone got inside knowledge through a chat with higher powers?
rabbi_glitter on
Nobody wins here but the house. It needs to be stopped yesterday.
Unfair_Scar_2110 on
Technically, this was always the case. Sports betting was illegal.
innocentsalad on
Are there any positives about „prediction markets“ (just say gambling dudes we all know what it is)
riedmae on
Good! Do something better with what little money one has
Previous_Soil_5144 on
We collectively seem to have forgotten why gambling on EVERYTHING can be a bad thing: people don’t really want to „gamble“; they want to WIN.
Eventually, some people will do ANYTHING to win their bets. They will threaten, disrupt, kidnap, kill, steal….whatever it takes. Now imagine that, x10,000,000 people who all want the same outcome to an event…
It’s a recipe for disaster. Not to mention people going bankrupt on bad bets, but on a scale we can’t imagine.
StandTurbulent9223 on
Why do westerners love banning everything so much?
z0diark88 on
Prediction market should just be renamed to „Insider Market“
waffle_iron_maiden on
Can we also ban people betting on war?
nuttageyo on
That ain’t passing
Drone314 on
The mobsters of old must be rolling in their graves….The app should be called BookMaker
claudiaishere on
How about when wars will start?
ottoIovechild on
That’s not gonna stop nobody
teeberywork on
So?
IssueEmbarrassed8103 on
I was watching the prediction markets during the Oscar’s and it was crystal clear that insiders knew what was coming an hour before live audiences when there were huge swings predicting upsets.
Sylanthra on
Banning
> events where individuals know or can control the outcome.
Sounds like such a no-brainer, you know for certain congress will not do it. In fact, anyone care to bet on this 😛
ohyouretough on
We should open prop bets on these markets for the founders of the markets to be removed from their role similar to the Iran bet. Let’s see how they feel about betting on anything then.
dope_sheet on
We outlawed it once, we can outlaw it all again.
MyAccountWasBanned7 on
GOOD. Ban all gambling. It doesn’t need to be a thing.
kawag on
I love how people are saying “prediction markets” are bad, addictive, full of insider trading, etc.
I read that. Then I take a look at Wall Street…
reverendsteveii on
gangs are threatening journalists to get them to rewrite articles because they bet on the news. i think there’s a responsible way to gamble and have fun but we need to shut whatever the fuck this is down while we figure out what that is
TYFO225 on
Focusing on the important stuff
BusyHands_ on
But not war? Or death? Or suffering?
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27 Kommentare
15 years from now legalized sports gambling and prop/prediction-markets gambling will be viewed as Oxycontin is seen today: an obvious social epidemic we could have done something about before it financially ruined another generation of young men.
But hey, profits!
“Prediction Market”
And they’d deserve it what with the whole „taking people’s money to gamble on war crimes and nuclear annihilation“ shit.
Place your bets now to see if the Bill passes or not
So if insider knowledge is possible, betting would be illegal. Applies to almost everything but lotteries, doesn’t it? Like when people bet on Christ returning this year. What if someone got inside knowledge through a chat with higher powers?
Nobody wins here but the house. It needs to be stopped yesterday.
Technically, this was always the case. Sports betting was illegal.
Are there any positives about „prediction markets“ (just say gambling dudes we all know what it is)
Good! Do something better with what little money one has
We collectively seem to have forgotten why gambling on EVERYTHING can be a bad thing: people don’t really want to „gamble“; they want to WIN.
Eventually, some people will do ANYTHING to win their bets. They will threaten, disrupt, kidnap, kill, steal….whatever it takes. Now imagine that, x10,000,000 people who all want the same outcome to an event…
It’s a recipe for disaster. Not to mention people going bankrupt on bad bets, but on a scale we can’t imagine.
Why do westerners love banning everything so much?
Prediction market should just be renamed to „Insider Market“
Can we also ban people betting on war?
That ain’t passing
The mobsters of old must be rolling in their graves….The app should be called BookMaker
How about when wars will start?
That’s not gonna stop nobody
So?
I was watching the prediction markets during the Oscar’s and it was crystal clear that insiders knew what was coming an hour before live audiences when there were huge swings predicting upsets.
Banning
> events where individuals know or can control the outcome.
Sounds like such a no-brainer, you know for certain congress will not do it. In fact, anyone care to bet on this 😛
We should open prop bets on these markets for the founders of the markets to be removed from their role similar to the Iran bet. Let’s see how they feel about betting on anything then.
We outlawed it once, we can outlaw it all again.
GOOD. Ban all gambling. It doesn’t need to be a thing.
I love how people are saying “prediction markets” are bad, addictive, full of insider trading, etc.
I read that. Then I take a look at Wall Street…
gangs are threatening journalists to get them to rewrite articles because they bet on the news. i think there’s a responsible way to gamble and have fun but we need to shut whatever the fuck this is down while we figure out what that is
Focusing on the important stuff
But not war? Or death? Or suffering?