Senators ban themselves from prediction markets after candidates bet on own races

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DarthSlack

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Lol, sure, and what about the offspring of politicians who are advising the company? Do you honestly think Kalshi is telling Don Jr., no bets for you?

These prediction markets are nothing more than gambling rackets rife with insider trading and knowledge and should be banned outright. It's one thing to bet on something like sports where the outcome is uncertain, quite another to bet on "Are we going to bomb Iran tonight?"

That uncertain outcome from sporting events? May not be as uncertain as you might wish. Prediction markets are only going to drive more and more and more corruption in sports.
 
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