this post was submitted on 16 Mar 2026
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[–] whotookkarl@lemmy.dbzer0.com 1 points 12 hours ago* (last edited 12 hours ago)

Shayne Coplan is the billionaire manchild who owns polymarket along with a couple other billionaire cofounders like Peter Thiel. It's just like bookies with details decided before the bet is made, and the house/market/organized crime organization take a cut for guaranteeing the bet pays out.