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Insider trading, but make it worse
(lemmy.world)
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this post was submitted on 04 Jan 2026
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Legally they are not betting against the house. People are betting against each other on if a certain event will happen, and the site takes a set percentage for facilitating the bets. This makes it legal under gambling laws in most US States.
So if I opened a physical casino with let's say roulette without 00 but a commission charge to play it's legal?