If you know the outcome, is it gambling?
Comment on Millions worth of prediction market bets placed on US airstrikes on Iran
obinice@lemmy.world 4 days ago
“Prediction market”. Let’s just call it what it is:
Gambling.
What a stupid waste of time and money, encouraging addiction and ruin in people.
Knock_Knock_Lemmy_In@lemmy.world 4 days ago
PlaidBaron@lemmy.world 3 days ago
I mean, yeah but are we glossing over the fact rich people are gambling as though its a game when real people are being killed? Cause thats the story for me.
billwashere@lemmy.world 3 days ago
No let’s really called it what it is:
Fraud and insider trading.