• ceenote@lemmy.world
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    1 day ago

    These “bet on anything” sites know people with insider info cheat, and don’t care.

    • frank@sopuli.xyz
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      1 day ago

      The people running the sites take a cut from the other people getting richer.

      The real question is who the fuck is betting against that? What a weirdly degenerate thing to bet on without insider info

      • tacosanonymous@mander.xyz
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        1 day ago

        It certainly is heinous. I’m assuming a bunch of people had running bets that Iran wouldn’t be bombed inside a certain time period.

    • stinerman@feddit.online
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      1 day ago

      The crazier thing is that other bettors know people with inside info are cheating and don’t care.

      • Diurnambule@jlai.lu
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        23 hours ago

        Thé Guy above ypu made a good argument, that a great way to bribe making it look like a bet.

        • mojofrododojo@lemmy.world
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          21 hours ago

          meh. I’d posit this is a bunch of folks on the edges seeing what’s happening, seeing the grift factory that the admin is, and getting in themselves on a lil something before the whole thing crashes to earth.

          • Diurnambule@jlai.lu
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            21 hours ago

            Yeah good theory too. The strange thing is someone betting against a strike in Iran. Do people bet constantly on things like that ?

            • mojofrododojo@lemmy.world
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              20 hours ago

              dunno. I don’t understand these markets. perhaps there is a market for people who vote against things happening writ-large - like, i bet tomorrow godzilla won’t attack, anyone taking?

              it’s beyond me. as is the vast majority of gambling, which I’ve seen first hand wreck lives and destroy families. ordinary, sensible people, computer nerds and engineers even, suddenly thinking they have some way of making money off some insight.

              I fundamentally do not understand any of it. There are certainly grifters and rubes tho.

  • thingAmaBob@lemmy.world
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    20 hours ago

    I mean, I’m sure there’s insider betting and all, but I don’t think you need inside information to predict the USA will bomb a school in Iran…

    edit: gotta capitalize

  • InvalidName2@lemmy.zip
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    1 day ago

    WRONG WRONG WRONG

    There are laws and enforcement, but only for working class people and well-off Democrats.

  • Jhex@lemmy.world
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    1 day ago

    LOL… the orange pedophile rapist is taking open bribes with his eCoin and other scams…

    Betting based on classified intelligence is like coffee money

    • Skua@kbin.earth
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      1 day ago

      These are probably him giving bribes to others, right? He gets to essentially anonymously give someone money without having to actually spend any of his own money

      • Jhex@lemmy.world
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        1 day ago

        No, he took Billions from people who had to know there was no economic value to his eCoin.

        All that money went directly to trump… now they get whatever they asked for

  • Rivalarrival@lemmy.today
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    1 day ago

    Aren’t all these bets made of a blockchain? Aren’t these transactions traceable from wallet to wallet?

    • explodicle@sh.itjust.works
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      1 day ago

      There’s a bunch of ways to prevent blockchain tracing now. It’s much more likely that you’ll be identified by your internet connection or web browsing.

  • Mulligrubs@lemmy.world
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    1 day ago

    Regardless of the bet, there are ALWAYS insiders… at the least the house.

    The house always wins

    This also applies to the stock market, USAs favorite casino

    Who’s “the house” for the stock market? The FED

  • WalrusDragonOnABike [they/them]@reddthat.com
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    1 day ago

    About 4-5 hours (IIRC) before, the massive drop-off in bar activity around the pentagon made it obvious something was happening imo. But not sure what evidence was 6 hours before (bar activity was normal at the time I think).

  • -☆-@lemmy.blahaj.zone
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    1 day ago

    Can we like… Sue, over this? This has to be illegal, right?

    I get that I sound like a whiny nerd saying ‘BuT ThEy Can’T DO tHaT!’ But let’s be honest legality is this administration’s weakpoint

    • filcuk@lemmy.zip
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      1 day ago

      They aren’t supposed to, but many do anyway. It’s all rotten through and through

    • khannie@lemmy.world
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      1 day ago

      Got to prove it first and unfortunately I think that would be very difficult without more to cause a proper investigation.

  • themeatbridge@lemmy.world
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    1 day ago

    Can I place a bet that we’ll find proof of this? And a parlay bet that nothing will come of it?

  • crunchy@lemmy.dbzer0.com
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    1 day ago

    There’s a reason Trump brought attention to only insider stock trading at the State of the Union. They’re 100% playing the prediction betting market.