this post was submitted on 06 Aug 2026
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[–] CIA_chatbot@lemmy.world 113 points 2 weeks ago* (last edited 2 weeks ago) (4 children)

No shit you dumbfucks, prediction markets incentivize a fuck load of illegal shit and corruption and should be banned

[–] Thorry@feddit.org 42 points 2 weeks ago (1 children)

Even if it were all above board, it's just gambling and should be heavily restricted just as all other forms of betting.

[–] nullspace@lemmy.world 36 points 2 weeks ago (1 children)

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.

[–] postmateDumbass@lemmy.world 4 points 2 weeks ago

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.

[–] minorkeys@sh.itjust.works 15 points 2 weeks ago

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.

[–] Pika@sh.itjust.works 4 points 2 weeks ago (1 children)

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

[–] UselessAsshole@lemmy.world 3 points 2 weeks ago

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.

[–] Zarobi@aussie.zone 2 points 2 weeks ago

These gamble on anything apps are so dystopian it hurts