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this post was submitted on 02 Mar 2026
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A Boring Dystopia
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What's crazy is people bet on it without insider info, knowing that people with it can.
Some comedian made a joke about it because he read off a bunch of random words that had bets on if they were said. They all paid out because he said them
The point is for any given bet a bunch of people can either make it happen or know the result before the market adjusts to the public knowing.
It's like how early scam emails used bad grammer so only dumb people responded, if you bet on poly market, you're already a lick.
Ironically enough this is also how our entire economy is run, just not as obviously...
Gambling ads go brrrrrr.
A good third of the population simply don't have the cognitive capabilities to understand these things and if they're not protected by regulation they'll always fall for some form of scam.