Prediction markets

The only thing I’m really surprised about is that these things didn’t crop up earlier. I would have thought the technology to make them has existed for a long time now.

Anyway…

They are clearly being manipulated by insiders.

Trump’s kid (Don Jr) also sits on the board of these things.

Thankfully DTJ doesn’t have scandalous photos on a laptop, so we should be safe.

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They’ve been around for a decade at least. I think the difference is that predictit and betfair were more regulated. You could bet on bombing Iran, but you couldn’t bet enough to get rich by bombing Iran.

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