this post was submitted on 08 Jan 2026
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Chapotraphouse

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[–] CarmineCatboy2@hexbear.net 41 points 2 months ago (1 children)

if enough socialists bet that trump won't seize the means of production we'll have a lenin on our hands

[–] Carl@hexbear.net 24 points 2 months ago

I've been wondering what form "socialism with American characteristics" would take, this seems like the most likely candidate.

[–] SorosFootSoldier@hexbear.net 37 points 2 months ago (1 children)

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

[–] chgxvjh@hexbear.net 32 points 2 months ago* (last edited 2 months ago) (1 children)

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.

[–] stink@lemmygrad.ml 7 points 2 months ago

I thought it was the other way around though? With the most accurate polls being what people bet their money on because they will act more rationally, not the other way around!

[–] cypherpunks@lemmy.ml 20 points 2 months ago* (last edited 2 months ago)

video here https://xcancel.com/tsengputterman/status/2009084996578103483

butthe replies on xcancel say only a few thousand $ were at stake, so seems pretty unlikely it was actually intentional

[–] purpleworm@hexbear.net 15 points 2 months ago

Cruelty Squad was a documentary

[–] Sulvy@hexbear.net 15 points 2 months ago

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

[–] Spongebobsquarejuche@hexbear.net 15 points 2 months ago

This is straight up ‘brought to you by Carls Jr.’ level grift.

[–] Johnny_Arson@hexbear.net 14 points 2 months ago

Gamblers rise up!

[–] Soot@hexbear.net 11 points 2 months ago

There's a poetic irony in prediction marketeers not.. predicting.. that a government known for its insider trading might do some insider trading.