Live data from Hacker News

Polymarket gamblers threaten to kill me over Iran missile story

timesofisrael.com

411–420 of 1001 posts

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

#411
post #56

Earlier quoted context omitted.

Polymarket's founder is Shayne Coplan, 27-year old "youngest self-made billionaire" (why do all billionaires seem devoid of ethics?) A sane system would just throw him in jail until his illegal betting market implements KYC.

KYC is nothing sane. in what world does anything give you or anyone else the right to decide to probe people up their rear end just because they want to do business? people like you are extremely dangerous. loads of banks all over the world now demands to know what you plan to spend the money on just to withdraw a bit cash. Some will even deny you saying "well.. you shouldnt buy a new car anyway". all the KYC shit. h…

> in what world does anything give you or anyone else the right to decide to probe people up their rear end

A world in which these people bet on heinous things while insider trading/influencing those very things.

Privacy in gambling or insider trading is not a constitutional right.

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

#412
post #405

Earlier quoted context omitted.

(Ad-hominem is not a counter-example btw)

Nothing about GP's comment is ad-hominem; it's neutral, factual context. Unless you dispute the factual claims?

It's counterfactual. The think tank has nothing to do with Russia and official denounces the invasion and upholds Ukraine's territorial rights. They have simply written critically about the role NATO has played in making this conflict inevitable and the history of NATO sabotage of peace negotiations.

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

#413
I found it interesting that the bettors who threatened the journalist accused him of being motivated to manipulate the market. The journalist was motivated to report honestly, the bettors were the one trying to manipulate the market by changing the reporting.

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

#414
post #271

Earlier quoted context omitted.

> Why do you think that some rich person who bet, say, $1 million they can actually afford will not still seek to recoup their investment, especially if it only takes some bribes and threats? Because "only bribes and threats" are crimes for which people go to jail, and most "rich people" in the west, even in our authoritarian corruption hellhole timeline, are unwilling to engage in that nonsense because the benefits…

Well, the Epstein files prove quite clearly that there exist rich people who perform blatantly illegal acts that can put them in jail for a looooong time, even when they don't stand to lose any money whatsoever by not committing said crimes. And they also show that said rich people generally don't face any legal consequences even when their crimes become public knowledge. So any argument that starts from the assumpti…

Sigh. I didn't say the wealthy don't commit crimes. I said the wealthy don't commit crimes to avoid paying routine investment losses.

Actually what I really said is that no one does this, because it's insane. So I therefore infer that the people doing this are looking at losses that are not routine, they're faced with bets they can't cover.

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

#415

I'm imagining something probably horrible and fascinating at the same time: You could almost imagine world events being "democratized" by these markets at this point - a significant event will happen (or not happen) by the grace of who is betting on what outcomes and how much volume is at stake. If you subscribe to the view of human history as being staked to material outcomes, then at some point the PolyMarket betti…

We're sort of already there... there were several reports about massive "wins" in these "markets" on betting on the day the US would strike Iran.

It's not democratized, in the sense that everybody can play. But, the markets are for sure giving people with power/access/money reason to vote (in the markets) and vote (in whatever org they hold power).

It's disgusting.

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

#416

Earlier quoted context omitted.

Friend of a friend does announcing online. Like, you pay him a little ( So, he got a gig to announce the opening of loot boxes at some show. I think it was Fortnite loot boxes. I guess it gives you the total value of the loot box spree you opened. So, 2 people buy a bunch of loot boxes, then open them up, then whoever has the higher value wins and takes both of the people's total haul. Sounds like a strange thing to…

> It is the most Degenerate form of gambling out there. There is no skill, no human factor, no nothing. Just pure random numbers. While I wouldn't use the word "degenerate", in terms of gambling, this isn't anywhere close to as bad as it gets. At least this form is (psuedo)random, and the odds are statistically fair and published (by law). Contrast to slot machines, which are not random, but are in fact preprogrammed…

> Contrast to slot machines, which are not random, but are in fact preprogrammed to provide payouts in ways which maximize the earnings for the house and the addictive value for the player.

this isn't correct. slot machines are random. my first job out of school was, in part, making sure slot machines were random.

people think the machines are rigged because they don't understand the rules. the machines are fair, it's the pay tables that are rigged.

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

#417
post #258
post #56

Earlier quoted context omitted.

Polymarket's founder is Shayne Coplan, 27-year old "youngest self-made billionaire" (why do all billionaires seem devoid of ethics?) A sane system would just throw him in jail until his illegal betting market implements KYC.

When power is concentrated to the government, the corruption is concentrated with it. Incarceration and the end of privacy don't restore the victims. A consumer protection bureau could bring a civil suit against Polymarket to pay the journalist.

> If the penalty for a crime is a fine, then that law only exists for the lower class.

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

#418

Earlier quoted context omitted.

Yep, similar thing is happening with college sports. You went from a situation where the intent was for coaches to develop young men, teach them about hard work, overcoming obstacles, getting an education and become a part of an alumni base for the rest of your life. And now it's leaving at the slightest difficulty, constant money dangling to encourage transfers because even if the guy doesn't play for you at least h…

Well, to be fair, in order to complain about no longer being able to "..develop young men, teach them about hard work, overcoming obstacles, getting an education and become a part of an alumni base for the rest of your life.." we would actually have had to have been delivering on the whole "..develop young men, teach them about hard work, overcoming obstacles, getting an education and become a part of an alumni base…

Yep, I realize that a lot of fans of different schools were jaded by the idea. It was happening at Clemson though. Dabo made that his #1 priority as a coach, constantly led the country in graduation rates alongside Stanford while competing at the highest level. They created a program called P.A.W. Journey to really take it to the next level too.

https://clemsontigers.com/pj-what-is-paw-journey

He's obviously not the only coach who wants to carry his program that way, just the most high profile to recently do it while competing at the highest level.

Another notable legend was John Wooden from UCLA who famously won 10 championships while teaching his players his Pyramid of Success that's been written about in books and even hung on Ted Lasso's office wall in the TV show.

We hear about the negative examples. What you're not hearing about as much today is the number of players entering the transfer portal seeking better deals who don't get one and end up as college dropouts. It's a huge percentage.

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

#420
post #3

Man the moral degradation is off the charts. Prediction markets are easily the worst things to grace the internet by far and its not even close.

I think CP is worse. Personally. Different priorities I guess.

One has nothing to do with the other and it's a poor argument to defend prediciton markets.
Post reply on HN