
Another slop hit piece against Prediction Markets.
Straight into the trash.
Mainstream journalists just can't understand that prediction markets are NOT SportsBooks
1) "Polymarket and Kalshi are setting odds as to capture insider informations"
I don't know what this is supposed to mean in the best of case.
But Polymarket is not setting any odds anyway, the market does. They have no control over that.
2) "Prediction markets could incur financial losses if they let insiders win"
Prediction markets do not bet against their users. This is what SportsBooks do.
Prediction markets are a neutral platforms where users bet against other users. They do not care who loses or win a bet.
3) "Prediction markets give opportunities for world leaders to insider trade"
True but they didn't wait on Prediction Markets and they are not even good for that.
Every time Trump announced a ceasefire with Iran, we saw Billion dollars oil future trades hit the market a few minute before, making hundred of millions in profit.
Try to place a billion dollar order on Geopolitical prediction markets with a few hundred thousands of liquidity.
For some reason Mainstream media seems to absolutely hate prediction markets and churn out these trash hit pieces on the regular.
I would advise @polymarket to put a few dollars from their marketing budget into educating the wider public. Because this may seem very retarded to us, but so are the people reading it, and they vote.

TheHillOpinion@TheHillOpinion
The dark side of prediction markets is getting even darker tinyurl.com/2s4kewb6
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