Comment on Insider trading, but make it worse

• ronl2k@lemmy.world ⁨1⁩ ⁨month⁩ ago

  What would happen to those platforms if governments and rich people deliberately made a bunch of $35k bets that were designed to never win, making all the copycat gamblers lose?

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  • JcbAzPx@lemmy.world ⁨1⁩ ⁨month⁩ ago

    They would still make money since they take a cut off every bet. Just not as much as selling their insider data.

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• Artisian@lemmy.world ⁨1⁩ ⁨month⁩ ago

  Which, fwiw, night be a feature not a downside? Transparency if the fact is juicy enough.

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