No shit you dumbfucks, prediction markets incentivize a fuck load of illegal shit and corruption and should be banned
Even if it were all above board, it’s just gambling and should be heavily restricted just as all other forms of betting.
I’m against gambling, but at least with slot machines and poker tables there isn’t a cash incentive to go light the forest on fire.
With sports betting you are still not allowed to bet on your own games or leauges.
To remove betting on outcomes you control much of.
Given the texts between Daniel Cormier and Trump’s kid, it’s very obvious why they’re allowing this and what extent they’re willing to go to make money.
Yeah, just outlaw prediction markets that contain negative values. or political values, like who cares about weather predictions but anythijg that can change society needs a heavy block
Your first five words were the correct sentence.
Policing online gambling would require an act of congress, a new agency, and a shitload of work just to protect Trump Jr.'s business interests.
These gamble on anything apps are so dystopian it hurts
This shit makes me particularly upset as the current Washington State fires were caused by an arsonist.
10,000 acres burning and only 13% contained.
Right? Now I’m wondering if it was for some bullshit gambling payout.
A man suspected of starting one of three catastrophic Spokane-area wildfires on Saturday is facing additional arson charges after allegedly admitting to starting 25 other fires around Riverside State Park since last July, according to a memorandum prosecutors filed Wednesday in Spokane County Superior Court.
By Wednesday, detectives had corroborated evidence indicating the man started at least four of the 25 fires he had described, prosecutors said in the memorandum.
The 37-year-old was arrested Monday at his West Spokane apartment, two days after prosecutors allege he sparked the Old Trails fire. He was booked into the Spokane County Jail on suspicion of first-degree arson, where he is being held on $1 million bond. The man is scheduled to be arraigned 3 p.m. Thursday in Spokane County Superior Court.
Maybe, maybe not. This guy has been starting fires for a while apparently and this is after he murdered his father over dishes.
Holy shit 25 fires? It’s too bad it took this one to catch him. 1 million seems low for the sheer property value at risk alone, not counting everything else
That’s bond.
That’s not the price on his freedom forever. That’s the deposit for getting to have freedom while awaiting trial.
You can bann prediction markets in general
How will they make bank predicting military operations?
Yeah no shit! What the fuck?!
Fuck every person that takes part in a bet like this. I’ll put them in the same category as Trump voters. Scorched earth.
Probably people who live in deserts or otherwise have never seen a tree in their life.
Cactus and sagebrush burns just as well.
People who live in deserts know three things, drought, fires and flash floods. Fires in the desert happen a lot. Probably way more than anywhere else.
Lemme rephrase a bit: people who bet on this sort of thing are probably ones who have only lived in a desert, never having seen a tree in the first place.
I’m sure there’s plenty of fires in a hot place.
Trees exist in the desert
Insider trading in my insider trading platform???
It’s……well actually less likely than you’d think but it’s still a big fuckin’ problem.
We’ve had major wildfires started by part time firefighters looking to create some work for themselves. Wildfire gambling is pretty much guaranteed to turn all of our countryside into ash.
I bet you it won’t.
could incentivize arson
But moooooonnnnneeyyyy!
It reminds me of a really great line from the movie Coming To America: “Imagine a country so free one can throw glass in its streets.”
Donald has personal financial interests in prediction markets and his properties probably have private firefighting. What the fuck does he care?
And for the next two years he’s going to have nothing to lose. We’ll see if there’s any America left once he’s done.
Why can’t these people just go to casinos and lose everything on blackjack and roulette like normal gambling addicts?
Because you can’t control blackjack and roulette.
Not with that attitude you can’t
You mean go outside the house? Like some sort of peasant without the internet?
We should have Kalshi bets on whether these people will ever be able to break their gambling addictions.
But all the other forms of market manipulation are fine. Lol
“Will Iran be bombed today?”
I still can’t believe this is a real sentence
They should make wildlifes illegal and this whole thing will stop /s
Oh man, This is it. I lost the last remaining smidget of hope on humanity.
Can we bet on when/if Kalshi headquarters gets burned down?
That could incentivize arson…
This unironically for every business. Force them to pay us for peace.
I PRAY to GOD that Prediction Markets WRITE LEGISLATION to STOP People from putting a Viral Bet on if Billionaire Island in Florida will BURN DOWN! PLEASE just let us bet on OUR deaths NOT the Deaths of Rich People!
-Republican Voters!
