There’s a poetic irony in prediction marketeers not… predicting… that a government known for its insider trading might do some insider trading.
if enough socialists bet that trump won’t seize the means of production we’ll have a lenin on our hands
I’ve been wondering what form “socialism with American characteristics” would take, this seems like the most likely candidate.
I mean this is essentially the theory behind political betting market, that they are actually a way effect politics in specific ways. The potential for manipulation of outcomes is the point.
We must go deeper, betting on if it will be overcast or sun today. Will the squirrel that lives outside show up today? Can I sink my retirement into a coin toss? MORE
They’ve already done the weather: https://kalshi.com/markets/kxhighny/highest-temperature-in-nyc/kxhighny-26jan08
This is straight up ‘brought to you by Carls Jr.’ level grift.
Gamblers rise up!
I think I saw that only ~$3500 was on ‘No’, and while $175,000 is a shit ton of money it was likely spread across multiple betters
Satan right now “I’m sorry America i wasn’t familiar with your game”
Cruelty Squad was a documentary
video here https://xcancel.com/tsengputterman/status/2009084996578103483
but
the replies on xcancel say only a few thousand $ were at stake, so seems pretty unlikely it was actually intentional
