this post was submitted on 24 Sep 2026
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Technology

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[–] Ertain@feddit.online 1 points 4 days ago

Yes, that is a gambling operation.

[–] ImgurRefugee114@reddthat.com 1 points 4 days ago* (last edited 4 days ago)

It's not gambling, we're just placing bets on statistical outcomes from which the winners are awarded money.

Babe, I didn't cheat; I just fucked another woman

It's not a war, we're just bombing and shooting each other for control over territory and resources.

I'm not drinking, I'm merely consuming an alcoholic beverage.

[–] dan@upvote.au 1 points 4 days ago* (last edited 4 days ago) (1 children)

I thought Polymarket was still illegal in the USA, but it turns out they launched a new, US-specific version by acquiring an existing CTFC-licensed firm and focusing mostly on sports betting. Their main business is still illegal in the US.

[–] nous@programming.dev 0 points 4 days ago (1 children)

I don't think legality means anything in the US anymore. At least not for the rich.

[–] dan@upvote.au 0 points 4 days ago* (last edited 4 days ago)

They do still block US users from their main business, so they're at least still compliant in that way. If you go to polymarket.com from a US IP, it says "Trading is blocked in the United States on polymarket.com. Switch to polymarket.us to trade prediction markets."

[–] Catoblepas@lemmy.blahaj.zone 1 points 4 days ago

Yeah, it absolutely is. Hopefully they knock it out of the park.

[–] Kirk@startrek.website 1 points 4 days ago

My pet peeve is when legit news orgs call them "Prediction markets" because they are literally just gambling apps.