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Betting markets bad!
They are when they are being shown beside polling and election results. I don't know why people don't get this but it's painfully obvious what is being done here to me. I'm not sure how people keep underestimating the stupidity of the American public.
The betting markets are being treated as reliable data for predicting elections. Actually being treated as MORE reliable than polling. Wow. Amazing.
Once this is accepted in the mind of the average American. The prediction markets become a "source of truth". This means, with enough money, this "source of truth" can literally just be bought.
In the future we're gonna be listening to CNN say "something is very weird with these election results. This is the first time EVER that we've seen results that are so different from 'the markets'."
We have spent years listening to the conservatives lying about election results. We have spent years watching them implement voter suppression and redistricting. How are people not seeing the obvious future purpose of these "prediction markets".
It's to manufacture consent for stealing elections. It's really that simple. Stop treating these markets as anything but a future means to weigh public perception with money.
When the federal government "takes over" polling stations showing "suspicious results". They will point to the prediction markets as justification. Mark my words.
We are currently in the "these markets are really good at predicting public opinion" phase. This will quickly be changed to "these markets are really good at manipulating public opinion" once they are accepted as a "source of truth" by the American public.
Stop pointing to them as reliable. You're doing the work for billionaires to have the public put more faith in money than actual statistics.
The idea is that people won't be dishonest with their money even as they might with a pollster.
But the markets are shady, they shut down the University led non profit one, predict it, back around 2020 or so.
But I think the polls being more off now than before reflects not greater failure by polling places, but because the republicans are cheating every way they can.
Sorry, in case it wasn't clear, I do agree with you. I just didn't want to write all that out and instead reverted to the very easy statement previously mentioned.
Agreed. They should be illegal.