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Kamala Harris' betting odds plunge in 4 swing states (www.newsweek.com)
submitted 2 days ago by return2ozma@lemmy.world to c/usa@lemmy.ml
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[-] Mouselemming@sh.itjust.works 15 points 2 days ago

"A report from The Wall Street Journal released last week found that Polymarket may have been "manipulated" by a small group of users to support Trump. According to the Journal's research, four mysterious accounts spent around $30 million betting on Trump in recent weeks, which tipped the platform in the former president's favor."

[-] DoucheBagMcSwag@lemmy.dbzer0.com 11 points 2 days ago

PolyMarket corrupt?? Say it ain't so

[-] davel@lemmy.ml 6 points 2 days ago

I would think that’d be self-defeating. Wouldn’t this news push Democrat-aligned voters to show up to the polls all the more? Assuming these rumors are true, maybe they didn’t intend to distort the numbers in a possibly self-defeating way. Maybe they’re just dumb crypto bros with more coins than sense.

[-] apt_install_coffee@lemmy.ml 8 points 2 days ago

maybe they're going for induced apathy; if it's close you're motivated, but if it's not at all close maybe that'll just make you depressed.

Or maybe they just really believe in the orange fascist, and have enough money to burn for betting on him.

It's also possible the market isn't as distorted as they think; it's not easy to quantify how much one individual bet has affected others' decisions.

[-] davel@lemmy.ml 6 points 2 days ago

Or maybe they just really believe in the orange fascist, and have enough money to burn for betting on him.

I have no idea, but yes my bet is on that. It just sounds so Crypto bro.

[-] sola@aussie.zone 3 points 2 days ago

The "manipulation" is normal bookmaking. Adjust the odds to entice gamblers to wager their money so the losers of a wager payout the winners of a wager and the bookmakers make money on the spread. So if there is a few big bets for Trump, Polymarket will readjust the odds to balance the equation.

[-] PortoPeople@lemm.ee -2 points 2 days ago

She's going to win comfortably. It's just a question of how long until the violence and court cases settle down.

[-] Anticorp@lemmy.world 2 points 2 days ago

There might be like 1 or 2 small groups who cause violence. Most of the gravy seals won't leave their keyboards.

[-] DogPeePoo@lemm.ee 0 points 2 days ago

The Wall Street Journal is a rag outfit only suitable for lining bird cages. Their integrity disappeared in the 1990’s.

[-] DogPeePoo@lemm.ee 4 points 2 days ago

It’s owned by Rupert “The Fascist” Murdoch for Fuck’s sake.

this post was submitted on 23 Oct 2024
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