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Polymarket has flooded social media with deceptive videos by paid creators

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251–260 of 424 posts

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

#251

Earlier quoted context omitted.

It’s the kind of thing that would suck all enjoyment out of watching sports for me personally. I may well be in a minority though, possibly an old person thing too

Fellow old here too. I enjoy it because there's a lot of sports I follow intermittently. For instance I enjoy watching UFC on occasion, but often find by the time I catch another fight I often have no clue who the guys in the main event are! I think I enjoy the odds because it adds a sort of unspoken storyline to a fight, because those fighters themselves also know who's the underdog and it adds a bit of a psychologi…

I feel the same way, the odds are part of the story. The UFC has removed them now, I guess as part of the Paramount deal. This actually makes the events less interesting.

By the way, the UFC chews through athletes so fast (part of their somewhat exploitative business model), it's no wonder it's hard to keep up with the latest names.

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

#254

Earlier quoted context omitted.

WHAT and I have to stress IN THE ACTUAL FUCK

You see sins. Politicians see sin taxes, political will to spin up regulatory beurocracies, etc, etc.

We used to debate things like the harms to society of gambling, now it’s a silent decree that it’s not only legal but the basis for our economy. The same group who used to preach family values turned out to be the biggest casino pimps and pornographers.

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

#255

Earlier quoted context omitted.

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.

If everything goes as planned, you won’t have to get anything out.

... anddddd its gone

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

#256

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.

have you tried to turn crypto into cash money in a real bank account? have you tried to do it with large amounts? would you describe that process as easy?

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

#257

All these gambling apps need regulation. And I fear they are buying politicians precisely so that doesn't happen. If I were to have my way, I'd put a law in place that limits bets to $5 max and monthly bets to $150 per month. Letting them go higher encourages some of the worst aspects of society. We will see crazy things like athletes being injured or murdered in order to win bets. We are already seeing crazy things…

sports gambling has been going for several years in UK and several other countries. i dont remember anyone getting murdered over a lost bet.

It's been going for centuries in the UK. There have been murders:

https://www.independent.co.uk/news/uk/crime/father-jailed-fo...

https://www.independent.co.uk/news/uk/gambler-murdered-woman...

It's a bit hard to find good stats, but it's at least 1 or 2 a year, it could be more like 10 - plenty of domestic violence is caused by money problems, and those problems can often be gambling related.

There's a lot of suicides - between 250 and 650 people each year according to gamblingwithlives.org https://www.gamblingwithlives.org/wp-content/uploads/2022/01...

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

#259
post #133

Earlier quoted context omitted.

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

you may be confusing it with deregulation.

only lawyers care what the laws say. I care about what's right and good and leads to prosperity for people I care about (which is to a greater or lesser extent everyone)

It's the lawyers job to make the laws align with some version of the above, and many of them, like most other people with power in society, are doing a willfully terrible job of it

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

#260
post #239
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…

> It Ain’t What You Don’t Know That Gets You Into Trouble. It’s What You Know for Sure That Just Ain’t So. My worry is that social media surveillance could be combined with Polymarket to tailor bets to individuals. This could be very subtle. You don't really need your punters to always be wrong either. Meaning that sometimes they'd win at the expense of other punters with the illusion they can make money. You just ne…

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