cross-posted from: https://hexbear.net/post/8649490
I love betting on natural disasters!
this post was submitted on 31 May 2026
240 points (98.4% liked)
A Boring Dystopia
16993 readers
283 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Can anyone explain to me how “prediction” markets aren’t just straight up gambling? Did some “it’s legal to gamble outside Nevada, Indian Reservations and Atlantic City” bill pass that I didn’t hear about?
It seems to be a long term trend that gambling has spread much further, but I think this supreme court case was a point where it became essentially up to each state now to allow gambling or not.
https://en.wikipedia.org/wiki/Murphy_v._National_Collegiate_Athletic_Association
Oh this is far more corrupt than normal gambling
They are. Except not really, since there's so much insider "betting" that the majority of money "won" is by people who knew the result in advance.
Gambling's legal in a lot more places now.