
▲ 0 r/OutOfTheLoop
Why are people talking about "prediction markets" so much all of a sudden?
Don’t get me wrong: I am no fan whatsoever. But I noticed a few days ago everyone started dunking on betting markets. Did all the anti-gamblers come together to campaign against Kalshi, Polymarket, and the likes? Are there any upcoming court cases? It almost seems… counterintuitive to give these sites a platform. À la how the anti-drug campaign “D.A.R.E.” actually increased curiosity/usage of illicit drugs.
John Oliver segment: https://youtu.be/ZN4njIQcSR4?si=nCKSFYZtBn14n9wO
Patrick Boyle video: https://youtu.be/e0nsou-1Q2k?si=CofalwSqZy5vtmBi
Science journal article: https://www.science.org/doi/10.1126/science.aee3932
u/Noodrereg — 13 hours ago