this post was submitted on 19 Aug 2026
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Late Stage Capitalism

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[–] shweddy@lemmy.world 12 points 1 week ago (1 children)

Everyone who bet on the fires should be investigated for arson

[–] best_redditor@leminal.space 4 points 1 week ago

or for insider trading that's for sure

[–] best_redditor@leminal.space 3 points 1 week ago (1 children)

"Prediction market platforms have exploded in popularity in recent years, facing condemnation from lawmakers and others who argue the sites commodify human suffering and, in some cases, incentivize wrongdoing. Proponents argue that the markets, their term for a question you can bet on, provide a more accurate snapshot of public opinion than traditional polls because of the financial incentives. "

"Amid the scrutiny, the public’s hunger for event contracts doesn’t show signs of slowing. A new prediction market site specifically focused on California wildfires was launched early this year, according to Wired, with the tagline: “You can’t predict wildfire. But you can trade on it.” The site does not appear to be active as of this week."

why don't these gamblers go to squid game, might as well add the vip as polymarket for all i care 😑

[–] lemmyng@lemmy.world 3 points 1 week ago

At least with Squid Game, these guys have a chance of dying.