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Polymarket gamblers threaten to kill me over Iran missile story

timesofisrael.com

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Re: Polymarket gamblers threaten to kill me over Iran missile story

#31

Post by [deleted] »

colesantiago wrote: post #12
epolanski wrote: post #9

Prediction markets need to be banned globally ASAP, but it would've helped the article to bring proof of: - the emails - the whatsapp messages - the discord messages - the X messages Mind you, I'm not stating the journalist is lying or overblowing, in fact I suspect this is all more widespread than we think, but it's odd that the journalist puts emphasis on the sources of his information in the case of the missile, y…

Why does everything you don't like need to be banned? Downvoters: I really doubt that you actually successfully 100% banned anything in the history of technology.

[deleted]

Re: Polymarket gamblers threaten to kill me over Iran missile story

#33

Post by colesantiago »

mpalmer wrote: post #24
colesantiago wrote: post #12

Earlier quoted context omitted.

Why does everything you don't like need to be banned? Downvoters: I really doubt that you actually successfully 100% banned anything in the history of technology.

Why do you apparently like a system that lets people bet on atrocities and then take steps to make said atrocities more likely?

And you think banning it would 100% work?

and where did I say I liked it?

Re: Polymarket gamblers threaten to kill me over Iran missile story

#34

Post by mvelbaum »

pydry wrote: post #2

The level of censorship in Israel right now is off the charts: https://www.972mag.com/israel-media-censorship-iran-war/ I suspect the gambler probably would have won on the basis of what happened but lost on the basis of what the times reported.

I live in Israel. There is fake news being spread about Tel Aviv being destroyed and Israel being hit hard. This is absolutely false. The volume of rockets is way lower than the 12 Day War. In fact, I do the irresponsible thing of not even going to the bomb shelter when the odd siren rings out.

There was a decision made by the security establishment not to allow reporting on Iranian missile hits in order to make it harder for the Iranians to do BDA.

Re: Polymarket gamblers threaten to kill me over Iran missile story

#37

Post by somelamer567 »

seydor wrote: post #5

Yep, far worse than cryptocurrency

Cryptocurrency itself was designed to enable crime. Why else would one want an end-run around governments and law-enforcement, unless one were a criminal wanting to prey on others risk-free?

Re: Polymarket gamblers threaten to kill me over Iran missile story

#38

Post by fnands »

gcr wrote: post #25
markus_zhang wrote: post #16

The gambling market is really bringing out the worst of us.

B-b-but futarchy and unbiased decisionmaking means well-calibrated markets could be a net good for society!! /hj

Ugh, the sophistry (or at least self-deceiving arguments) people throw around to defend these markets makes my stomach churn.

Re: Polymarket gamblers threaten to kill me over Iran missile story

#39

Post by pjc50 »

bitmasher9 wrote: post #32

I don’t understand how this isn’t an immediate open and shut case for the police, assuming certain facts are verified independently. At the point that you’re making death threats to strangers you should be removed from civil society.

If the gamblers are outwith Israel, there's not a lot the Israeli police can do. They're not going to go full Operation 'Wrath of God' for this guy.

Re: Polymarket gamblers threaten to kill me over Iran missile story

#40

Post by mpalmer »

colesantiago wrote: post #29
epolanski wrote: post #19

Earlier quoted context omitted.

1. It's not something I don't like, it's something plain illegal in most of the world, including the US under the Dodd-Frank act, which the current executive has decided to not enforce. 2. The reason it is illegal it is beyond obvious: basic economics and game theory explain you how dangerous it is tying real world events with financial incentives.

Illegal or not, trying to ban it won't work. You'll just push it underground and it will get even worse. The cat is out of the bag.

Defeatist nonsense, and wrong. The US was regulating this until Trump. A friendly regulatory environment is the only way paying out these bets at scale is possible.

"Pushing it underground" discourages the majority of bettors from using it, and that is a good thing.

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