This seems like an area rife for a scam, like hurricane insurance or earthquake insurance. You pocket the money, and when disaster strikes, who is going to sue you when you do nothing? If there was a real bunker-worthy event then all your insurees have been devoured by zombies or dissolved by radioactive strings or whatever.

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aorloff 6 hours ago | parent [-]

On Polymarket, $60m has been wagered on "Will Jesus return before 2027"

https://polymarket.com/event/will-jesus-christ-return-before...

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jfengel 3 hours ago | parent | next [-]

Yeah, but Jesus is gonna place a big bet on himself just before he returns.

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2ndorderthought 6 hours ago | parent | prev [-]

I'll definitely put money on that one around December for a quick return. Thanks for the tip

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essefjo 4 hours ago | parent [-]

Why wait till December? Aren't there higher returns the earlier you put money?

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jfengel 3 hours ago | parent | next [-]

Is it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.

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ajross 2 hours ago | parent [-]

Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.

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2ndorderthought an hour ago | parent [-]

Barely above a high yield savings account I guess.

	▲	ajross 23 minutes ago \| parent [-]
		Historically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.

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2ndorderthought an hour ago | parent | prev [-]

Is that how it works? I don't gamble sorry. But this one I will gamble on, heavily