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Polymarket has flooded social media with deceptive videos by paid creators

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141–150 of 424 posts

Re: Polymarket has flooded social media with deceptive videos by paid creators

#141
post #93

Also, kids get scammed daily on YouTube on Pokemon card pulls with "loaded" packs and otherwise fake pulls for views.

The live scammers targeting kids are pretty vile: https://www.youtube.com/watch?v=NYTPI57GLac Seems like it's just a game of whack-a-mole, nothing is really being done to stop scammers from making new accounts and continuing their scams.

There are really only two businesses in the modern economy, fraud and gambling. Some are both.

Re: Polymarket has flooded social media with deceptive videos by paid creators

#142

Earlier quoted context omitted.

The live scammers targeting kids are pretty vile: https://www.youtube.com/watch?v=NYTPI57GLac Seems like it's just a game of whack-a-mole, nothing is really being done to stop scammers from making new accounts and continuing their scams.

There are really only two businesses in the modern economy, fraud and gambling. Some are both.

Porn?

Re: Polymarket has flooded social media with deceptive videos by paid creators

#143
post #12

I finally gave in to my curiosity and downloaded Kalshi last week to place a few bets on the World Cup. I was blown away how easy it was. I placed a bet with real money within 5 minutes of downloading the app. They allow instant deposits with credit card, and ID verification was real time. I can’t imagine that the extreme accessibility and the typical dark patterns deployed by every popular app won’t eventually end b…

Well try to make a withdrawal and see how convinient that might be. Internet casinos are usually easy to get money into but hard to get money out of.

Re: Polymarket has flooded social media with deceptive videos by paid creators

#144

Earlier quoted context omitted.

The live scammers targeting kids are pretty vile: https://www.youtube.com/watch?v=NYTPI57GLac Seems like it's just a game of whack-a-mole, nothing is really being done to stop scammers from making new accounts and continuing their scams.

There are really only two businesses in the modern economy, fraud and gambling. Some are both.

Don't forget addiction.

Re: Polymarket has flooded social media with deceptive videos by paid creators

#145

Earlier quoted context omitted.

The on-ramp in crypto is incredibly well built out. But then, once you are in the fake money world, you will notice that the off-ramp doesn't exist.

Off-ramp does exist. Stop lying.

Until you’re flagged for some vague reason and support/fraud can’t help you.

Re: Polymarket has flooded social media with deceptive videos by paid creators

#146
post #55
post #30

Earlier quoted context omitted.

We should just make gambling illegal online again, things were fine back when you couldn’t gamble online then, at least in the USA, the fucking supreme corpo guzzlers (formerly the Supreme Court) interpreted the laws according to their owners will and now we have gambling online.

Could you please stop posting unsubstantive comments and flamebait? You've unfortunately been doing it repeatedly, and we've had to ask you many times not to. It's not what this site is for, and destroys what it is for. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful. (p.s. Just to pre-empt the usual: no, this i…

Was the commenter wrong?

Re: Polymarket has flooded social media with deceptive videos by paid creators

#147
> He compared the videos to fast-food commercials, where food can appear more appealing than it does in real life.

> “We’re depicting what actually happens,” he said.

The cope is real. They all know they are destroying lives by promoting gambling to young people and eventually some of them are going to overspend and get addicted. But yeah, it's just like an ad for a burger

Re: Polymarket has flooded social media with deceptive videos by paid creators

#148

Is this fraud?

Isn't everything these days? It's all gotten so gross.

No. There are still people and companies being proud of their work and not doing it only for the money side. I know, shocking..

Re: Polymarket has flooded social media with deceptive videos by paid creators

#149
post #80

I remember in 2006 when online sports gambling was banned, and witnessed first hand some sleaze bags flee to Costa Rica where many of the actual operations were located. What I witnessed regarding addiction and exploitation put me off sports for a long time. Now here we are, with the tech industry and political capital behind it, this time engineered to engulf the entire population. It's repulsive.

Nobody is forcing anyone to place bets they can't back, isn't this a personal responsibility issue? edit: to be clear, if companies are committing fraud in their marketing, that should be prosecuted or if regulations around misleading marketing are weak, that should be legislated of course.

You are promoting gambling to young people, easily manipulated.

That's why you see so many college boy on their marketing video.

It's completely fine when you're old enough to be responsible, and to know that gambling is a degenerate behavior that you can allow yourself sometimes to release the steam, but these companies don't make money from us.

They make money from the kids overspending because they are convinced they are going to get rich doing that. That's manipulation.

It would be like showing McDonald ads to starving African kids, of course they are going to make the wrong choice when offered food. They can't think rationally in that state.

Re: Polymarket has flooded social media with deceptive videos by paid creators

#150
post #12

I finally gave in to my curiosity and downloaded Kalshi last week to place a few bets on the World Cup. I was blown away how easy it was. I placed a bet with real money within 5 minutes of downloading the app. They allow instant deposits with credit card, and ID verification was real time. I can’t imagine that the extreme accessibility and the typical dark patterns deployed by every popular app won’t eventually end b…

This was my experience trying out "traditional betting" for the first time with Betfair last Worldcup, and some other platform I tried out before as well. Not sure what Kalshi/others are doing that is so different?

They pretend they are "market" and not gambling to avoid regulations.
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