| ▲ | FrustratedMonky 2 hours ago | |||||||
I agree. Maybe an un-expected outcome. Who could have foreseen that a government/person would actually blatantly start a war, and manipulate bombing raids in order to manipulate a market, without being charged with a crime himself. In sports betting, it seems obvious if a player throws a game. In a war? Surely nobody would do this, right? Who could imagine it. | ||||||||
| ▲ | antonvs an hour ago | parent | next [-] | |||||||
> Who could have foreseen Economists. They even have a term for this, dating back to the late 1800s: "moral hazard". Polymarket creates moral hazard when participants can profit from outcomes they can influence. | ||||||||
| ▲ | tomtomtom777 2 hours ago | parent | prev [-] | |||||||
You don't have to imagine some giant conspiracy. Fact is, that everyone can make a bet, and there are a lot of people with knowledge and influence in the political decisions made. In sports, at least the outcome is only effected by the sportsmen. Here, who knows which and how many people have inside knowledge and influence that they can use that to their financial advantage? | ||||||||
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