Polymarket needs some serious regulation.
2026-03-06 03:22 UTC
Replies (19)
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@henfredemars@infosec.pub 2026-03-06 03:58
This seems like a great argument to just never use the under-regulated betting markets.
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@xxce2AAb@feddit.dk 2026-03-06 07:25
Polymarket needs some serious *eradication*.
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@Squirrelsdrivemenuts@lemmy.world 2026-03-06 08:41
Wait.. why the fuck is there a betting site where you can bet on wars starting. What in the immoral fuck is that even about?
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@GuyIncognito@lemmy.ca 2026-03-06 19:24
Just ban it, gambling used to be illegal in a lot of places.
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@Tempus_Fugit@lemmy.world 2026-03-06 04:20
I refuse to participate in Biff Tannen's world! I know I'm likely to be the minority, but I'm a stubborn SOAB!
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@NihilsineNefas@slrpnk.net 2026-03-06 16:10
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@merc@sh.itjust.works 2026-03-06 19:12
There's always someone on the other side of these bets. How is it that people keep betting on things like this when they know that insiders like this are the ones they're sometimes betting against?
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@gezero@sopuli.xyz 2026-03-06 04:47
The purpose is to give incentive to knowledgeable parties to let us know up front. In a corrupt government status like the current one we should be happy that we can get few hours heads up before the bombs start falling. They are not going to warn you for free...
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@MortUS@lemmy.world 2026-03-06 23:24
I saw Coinbase was allowing buying/selling stocks 24/7 Commercialism has overtaken the internet. We're in full corruption mode now. Without enforcing rules and regulations, this is where society ends up. How do we make non-religious churches for decent people? Can we start that movement and move up from there?
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@TheObviousSolution@lemmy.ca 2026-03-08 01:08
Just Polymarket? This has been shitshow after shitshow of which Polymarket is just the latest. Under the current administration, there will be no regulation, Trump Jr himself is literally an investor and advisor to it. It basically takes what they were doing with social networks and adds a profit incentive to it.
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@Thor_Whale@lemmus.org 2026-03-08 01:45
Never trust a coke head with a corporate comb over
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@ieatpwns@lemmy.world 2026-03-06 15:51
And kalshi and he’s starting his own. https://lemmy.world/comment/22209710
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@WanderWisley@lemmy.world 2026-03-06 15:50
Damn the price of cocaine is about to skyrocket.
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@kingofras@lemmy.world 2026-03-06 04:24
Come on, why did you use an AI tool to make his nose look like this.
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@ArgumentativeMonotheist@lemmy.world 2026-03-06 23:02
Gambling is haram for a reason. 🤷 (And yeah, I know much of it happens in or goes through some Gulf institutions, don't worry I hate those hypocrites also).
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@phoenixz@lemmy.ca 2026-03-06 15:58
Ant sources on this? I already believe you, because it's a trump, but I'd like to see the evidence so we have something more to slap into magat faces
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@thethunderwolf@lemmy.dbzer0.com 2026-03-06 19:30
So, monitor Polymarket for massive bets on things the US government could do, and copy those bets.
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@ikidd@lemmy.world 2026-03-08 04:30
1M is absolute chickenfeed to the level of corruption this family is dealing in.
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@m3t00@lemmy.world 2026-03-08 01:22
wonder if they'd take this bet. not far off topic, buying insurance in america. allstate. i'll bet you $100 if your house burns down we'll buy you a new one  allstate; win they win like 99.76% of the time. more; after digging through a few slop sites, dug up these values, roughly. no ai bs 145,000,000 houses , 344600 fires in 2023. bet $100/month x # of customers = $99.76 net revenue/month - (office buildings, advertising, wages etc.) per customer. check my sketchy math. please? having trouble believing this. they bend over backwards to not insure risky areas.