alt Hacker NewsIMO prediction markets are an interesting tool but you can just ban sports gambling and keep 100% of their value and remove 90% of their downsides.
Replies
neaden • yesterday at 8:41 PM
I'll be honest as someone who doesn't gamble my perception is the prediction markets are just people with inside information using that to con money out of people. I don't see the value in it.
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vkou • yesterday at 7:22 PM
You can also ban 100% of gambling advertising and get 100% of the (dubious, but I'll humour the possibility) 'benefits' of gambling, while removing 90% of the downsides.
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Prediction markets are 90% sports gambling.