this post was submitted on 13 Apr 2026
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Not The Onion

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[–] Lost_My_Mind@lemmy.world 4 points 1 day ago (2 children)

Here's my thing.....if Polymarket is just being used to pay bets that are obvious scams, eventually (read: real fuckin quick) Polymarket would shut that shit down. The mob don't let cheaters into their casinos and win big every week. They break the guys thumbs, kneecaps, or maybe just off the guy.

So it makes me think that Polymarket isn't so much a legit betting rig, as it is a money washing service probably set up by trumps people. They pump the money into Polymarket behind the scenes, win big every week, and Polymarket funnels the money right back into their accounts. With a traceable paper trail to them free and clear from the IRS.

I have no proof of this. It just doesn't pass the smell test. Then again, trump in person probably smells awful too.

[–] homes@piefed.world 10 points 1 day ago* (last edited 1 day ago)

It’s really not that simple

https://www.theguardian.com/business/2026/apr/11/polymarket-gamblers-betting-iran-war-ukraine-news-truth

Polymarket is an unregulated insider trading platform, primarily profiting from insider bets surrounding the Iran war originating from the unprecedentedly corrupt White House

Any attempt to defend it would inextricably link you to the unquestionably criminal corruption of the White House.

Do you have anything to say?

On the record?

[–] CuddlesMcBubblefun@lemmy.world 1 points 1 day ago (1 children)

What I don't get is where does all the money they win come from? Somebody has to take the bets and lose right? Seems like an awful lot of money to just be fleecing random rubes.

[–] CannonFodder@lemmy.world 2 points 23 hours ago

It's bribes / pay to play. People lose as a way to funnel funds without traceability.