No shit. It’s just money laundering. Auction houses are too slow these days.

They think?

It just suggests that insider trading is more accurate than gambling.

Polymarket is full of sharks and retail are the fish. Same thing happened with online poker and the sharks ate all the fish.

Financial nihilism is driving retail into prediction markets and it’s not going to end well for a lot of people, especially if they’ve become gambling addicts.

With all this info, I'm sure we're about to see someone saying this raises concerns soon enough!

So far as i understand they never marketted as "crowd wisdom". They marketted as "someone out there knows what is coming, this is a place for them to leak it and maybe make some money off their insider info." Thats not crowd wisdom its bribery for leaks without a "briber"