this post was submitted on 30 Aug 2026
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Technology

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[–] idunnololz@lemmy.world 3 points 9 hours ago

It's not gambling if you have insider information

[–] bdonvr@thelemmy.club 2 points 16 hours ago

And the party comes crashing down lmao

[–] NateNate60@lemmy.world 1 points 23 hours ago

I can say that I personally like prediction markets. They're a fun way to waste $20 with your friends. But I don't like the negative societal effects that they cause from the behaviour they encourage. And they most certainly are a form of gambling.

Court rulings can only do so much. There needs to be national legislation on this.