Genuinely bizarre that it is in fact legal to bet on elections www.barrons.com/news/last-mi...

Last-minute Legal Ruling Allows Betting On US Election

Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has alread...

This can only end poorly. Someday, some mentally unstable, misinformed idiot will seek revenge for losing their life savings betting on a politician. Half the database of Draft Kings will be on an FBI watch list by the end of the decade. Gambling only attracts desperate and compulsive people.

Surely this is fine

totally transparent and good that everything is for sale and nothing is sacred what could go wrong

JHjoshuaholland.bsky.socialOct 15, 2024 6:45pm

On Oct 6, DJT was trading at $16.50 per share. That day, Elon twooted, "Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line." The next day, an anonymous user named "Fredi9999," who may be Musk, upped his Polymarket bets on Trump by $4mil.

I don’t feel like this is that far of a hop from corporate donations and SuperPACs.

Totally fine not like anything happened earlier this tear en.wikipedia.org/wiki/2024_Un...

2024 United Kingdom general election betting scandal - Wikipedia

What could go wrong? 🤦🏻‍♂️

What could possibly go wrong

money good, not money? bad

Because the election process itself isn't extracting and wasting enough resources yet...

The US is so well known for its moral standing on betting.