693
Yes of course it is illegal and immoral and corrupt but there are no laws, only enforcement
(lemmy.world)
this post was submitted on 12 Mar 2026
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These "bet on anything" sites know people with insider info cheat, and don't care.
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
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.
Maybe there's people indirectly bribing trump&co by putting in bets against it ahead of time?
The crazier thing is that other bettors know people with inside info are cheating and don't care.
Thé Guy above ypu made a good argument, that a great way to bribe making it look like a bet.
Oh ya because pulling off a bribe right now is a real operation.
I dunno, is there only one action allowed at the same time ? I mean the world isn't linear, things can happen at the same time.
Sure you could just hand him a gold sword on international tv.
But what if we...
I dont' understand what you are saying. Is it some kind of North American reference ?
They.
Don't.
Prosecute.
Bribery.
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.
Yeah good theory too. The strange thing is someone betting against a strike in Iran. Do people bet constantly on things like that ?
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.
Same I don't get gambling...
Maybe it's the defense industry insuring against peaceful years.