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Invictus0today at 3:33 AM1 replyview on HN

prediction markets are not pure gambling just as investing in stocks is not gambling.


Replies

fc417fc802today at 4:09 AM

I don't follow. What's the definition of "pure" gambling here? Do you consider for example poker to be pure? Sports betting?

Personally I consider any monetary wager where the individual isn't personally invested in corresponding productive events to constitute gambling. By that logic poker, horse races, prediction markets, futures, and even the vast majority of day trading all constitute forms of gambling.

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