Kalshi prediction site suspends three political candidates for betting on their own races
2026-04-22 20:54 UTC
Replies (9)
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@resipsaloquitur@lemmy.cafe 2026-04-23 09:04
Now do the rest of them.
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@quick_snail@feddit.nl 2026-04-23 04:12
That's actually brilliant to bet against yourself. If you loose the election, you win $$. If you win the election, you loose some $$ short term, but then get it back with all the envelops of cash and future inside trading.
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@GuyFawkesV@lemmy.world 2026-04-22 23:41
Great; now out and suspend those close to Trump that keep pulling this shit.
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@favoredponcho@lemmy.zip 2026-04-22 23:52
Well, at least they were brought to justice.
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@KelvarCherry@piefed.blahaj.zone 2026-04-22 23:38
> One of the other traders was Virginia independent Mark Moran, who is running for Senate. Kalshi said Moran bet in October that he would announce a political run, and then publicly launched his campaign in January. > In an interview with CNN, Moran said the trades were a stunt so that a “longshot” candidate like himself could draw attention to “illegal gambling” happening on prediction sites. Yeah I support this guy's use. Really, it's the system that is the problem; not the individual politicians. Besides, the President of the USA has done far worse.
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@dhork@lemmy.world 2026-04-22 20:55
Pete Rose may be gone, but his spirit lives on
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@KairuByte@lemmy.dbzer0.com 2026-04-22 23:48
The only time I’d be okay with this is if they are betting in a way that they can’t directly influence. Bet you lose? Not okay. Bet you do something on a date, or at all? Not okay. Bet you win? That seems fine to me.
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@billwashere@lemmy.world 2026-04-23 01:39
3… just 3
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@TipRing@lemmy.world 2026-04-22 23:06
Is Kalshi the one whose CEO says he doesn't read (or can't read)?