Halliaz

The 2022 #NHLDraft’s 1st overall pick is already one of the best linemate elevators in the entire NHL. #GoHabsGo

After the events today, I will be closing my @Kalshi account The precedent set today, not honoring users & hurting a major market in its only possible outcome is gross Prediction markets clearly need to be regulated, you can’t modify contracts as they go For context: there was a market on when the Supreme Leader of Iran would be “out” He ended up being deceased from a U.S. military strike during a broader campaign on their country The only other time a “Supreme Leader” of Iran has left office is due to death, so pivoting last minute to not allowing death to me while advertising missiles & the markets odds Seemed to me at the time to be taking advantage of his death news & many others While I obviously would’ve preferred an outcome without death & would’ve hoped for a capture, reality is reality It wasn’t a likely possibility and the way this market framed itself looked at face value like a market that would honor any outcome surrounding him being “out” as Supeme Leader of Iran I could’ve gone to Polymarket & for slightly higher odds have gotten a full payout Instead, now, many are either at base cost for a 40/60 risk or they’re at a loss from entering with later odds Clearly, to me, platforms need clearer wording If he’s “out as Supreme Leader” the wording suggests “out” He’s not being assassinated Luigi Mangione style for prediction market odds, it was a formal military strike which many suspected would happen I’m so disgusted I’m honestly put off from Prediction Markets for the near future at least If it’s this easy to get away with not paying out a market, I can’t in good faith trust Kalshi & their futures contracts You owe me $2,500+ & you owe many innocent, casual traders millions more I hope this can move the space forward in a healthier and more transparent manner