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Someone allegedly used a hairdryer to rig Polymarket weather bets

engadget.com

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Re: Someone allegedly used a hairdryer to rig Polymarket weather bets

#22

Post by wongarsu »

cosmojg wrote: post #12
boringg wrote: post #4

Is there a bet available to determine if the weather forecasted was impacted by a hair dryer?

That's not a bad idea. It actually sounds like it could be a very useful hedge/insurance play.

That'd be easier to game than "will somebody run onto the field in the next $sports game". Just bet yes and bring a hair dryer. Make sure somebody posts evidence to X so you can cash out

Re: Someone allegedly used a hairdryer to rig Polymarket weather bets

#24

Post by SirFatty »

gwerbin wrote: post #9
nkrisc wrote: post #8

Gambling addicts will really gamble on anything, won’t they? It’s a bit strange to see degenerate gambling dressed up as “predictions”.

This looks less like gambling addiction and more like a scam executed for profit.

And who fueled the profits? Gamblers?

Re: Someone allegedly used a hairdryer to rig Polymarket weather bets

#25

Post by chucksta »

testing22321 wrote: post #15
qup wrote: post #13

Earlier quoted context omitted.

Gambling takes many forms. If you and I flip a coin for $100, there's no scam.

Sooner or later someone will rig the coin

Potential for fraudulent activity makes something a scam? That list is gonna be long

Re: Someone allegedly used a hairdryer to rig Polymarket weather bets

#28

Post by close04 »

gwerbin wrote: post #9
nkrisc wrote: post #8

Gambling addicts will really gamble on anything, won’t they? It’s a bit strange to see degenerate gambling dressed up as “predictions”.

This looks less like gambling addiction and more like a scam executed for profit.

A lot of gambling is a scam executed form profit. I call it a scam because it's not always fraudulent, it's persuasion and a dash of misleading info. Often one party unduly influences the outcome or has information that the other can't have. Whether it's corruption to predetermine the result of a match, or knowing that the star player will miss it, or a gambling machine that suggests a higher expected payout than the real one, or even a casino's rules that arbitrarily decide whether your win was legitimate or not, in practice the industry is more scam than legitimate business.
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