351
News Organizations Like CBS Embracing Prediction Markets as “Journalism” Is a Deep Moral Disgrace: Prediction markets like Polymarket and Kalshi operate in a regulatory vacuum. (futurism.com)
submitted 21 hours ago by to c/technology@lemmy.world
37 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 47 points 21 hours ago (3 children)

The problem is they report betting odds as probabilities that something will happen instead of what they really are: pure guesses

  • permalink
  • fedilink
  • source
  • hideshow 3 child comments
    •
  • [–] 14 points 20 hours ago (2 children)

    If someone haven’t already, someone should see how these gambling sites compare to random chance

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •