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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

#571

[flagged]

There are lots of bets on Polymarket about when certain politicians cease to be the leader of the country. Trump, Netanyahu, Putin, Mojtaba Khamenei, Zelensky, etc. If they die, those markets are resolved in a predictable way. Death pools already exist, and it's a matter of time before we see an assassination attempt motivated by it.

It is a lot simpler and fairer to tax payers, due to high litigation costs, to simply make adhoc SaaS betting, as Polymarket provides, illegal. Why should tax payers have to pay for the regulation costs and, more broadly, society pay for the obvious disruption vectors arising from arbitrary speculation?

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

#572

[flagged]

There are lots of bets on Polymarket about when certain politicians cease to be the leader of the country. Trump, Netanyahu, Putin, Mojtaba Khamenei, Zelensky, etc. If they die, those markets are resolved in a predictable way. Death pools already exist, and it's a matter of time before we see an assassination attempt motivated by it.

We're already seeing “insider gambling” from the current administration so I'm pretty convinced we'll see assassinations motivated by polymarket gains alone soon enough.

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

#573

I really wonder whether privacy would actually be the answer here --- prediction markets as they are now where the odds are public really shouldn't be called prediction markets, they should be called "outcome-shaping markets" because largely that is what they do, they let people shape real-world outcomes with massive amounts of liquidity. If instead these were privacy protocols where you can see how much liquidity is…

Why would anybody make a bet if they don't know the odds or payout?

A lot of people habitually make bets out of addiction without thinking carefully about the expected payoff.

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

#574
A reminder that Donald Trump Jr is an advisor to both Kalshi and Polymarket (with his firm also investing in Polymarket).

Gambling (yes, this is gambling yet not subject to its industry regulations) is a public health crisis and the US government is too corrupt and intentionally ossified to react.

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

#575

[flagged]

Look, it's not the point your making, but Adam Smith was not a laissez-faire capitalist. If you want to do the "capitalism bad" thing, I would suggest learning a bit of history, or at least understand that the "laissez-faire" in laissez-faire capitalism is a political ideology, not an economic ideology.

https://www.theguardian.com/commentisfree/2026/mar/11/the-gu...

More to your point... I don't think economic theory has anything to do with it. I'm a capitalist and I think that "prediction markets" is just an idiotic rebranding of "legalized gambling" and generally speaking, gambling more than a token sum (say, less than $100) should not be legal exactly because any benefits of gambling is far outweighed by the mountains of externalities it brings. Yes, this includes the obvious incentives to threaten random people. It's bad for society, so it should be effectively banned. The only reason why it has suddenly become legal everywhere in the US is because many states have found themselves under mountains of deferred liabilities and are scrambling to raise revenues however they can without raising taxes. It's shameful.

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

#577
post #465
post #48

Earlier quoted context omitted.

Yeah, but how do you find the person making the threats? Polymarket accounts are more-or-less just a crypto address. Whatsapp accounts are somewhat easier to link to a real identity, but still not hard to at least obscure a bit. The arm of the law struggles to reach across borders, and on the internet, it's quite plausible all those involved are in different jurisdictions.

Polymarket runs on Polygon, which, like most blockchains, has public history. If the user wasn't very careful about how they got their money into the system, it traces back to a public cryptocurrency exchange with KYC records.

That's the BS reply that always comes when (in particular) bitcoin is associated with crime: that it is traceable. Well, it hardly is. And for the average policeman/woman, even less so. And when the owner has taken some care, as you admit, practically impossible even for experts.

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

#580
post #48

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.

Yeah, but how do you find the person making the threats? Polymarket accounts are more-or-less just a crypto address. Whatsapp accounts are somewhat easier to link to a real identity, but still not hard to at least obscure a bit. The arm of the law struggles to reach across borders, and on the internet, it's quite plausible all those involved are in different jurisdictions.

In this case the threats all seemed to be delivered in Hebrew, so it's plausible that those involved resided in Israel.
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