Now do the rest of them.
That’s actually brilliant to bet against yourself.
If you loose the election, you win $$.
If you win the election, you loose some $$ short term, but then get it back with all the envelops of cash and future inside trading.
Basically insurance without the greedy CEOs
Just the fine, upstanding folks at Kashi or Polymarket
Yeah, gods of the “Machine of truth”
Great; now out and suspend those close to Trump that keep pulling this shit.
For those who don’t know, Trump Jr. is an official advisor to Kalshi.
Calling it a ‘prediction’ market doesn’t make it any less a gambling site at best, and a vehicle for insider trading at worst. They need to be made illegal.
(Edit to fix typos)
Well, at least they were brought to justice.
One of the other traders was Virginia independent Mark Moran, who is running for Senate. Kalshi said Moran bet in October that he would announce a political run, and then publicly launched his campaign in January.
In an interview with CNN, Moran said the trades were a stunt so that a “longshot” candidate like himself could draw attention to “illegal gambling” happening on prediction sites.
Yeah I support this guy’s use. Really, it’s the system that is the problem; not the individual politicians. Besides, the President of the USA has done far worse.
Pete Rose may be gone, but his spirit lives on
Pete rose
… to power
The only time I’d be okay with this is if they are betting in a way that they can’t directly influence.
Bet you lose? Not okay. Bet you do something on a date, or at all? Not okay. Bet you win? That seems fine to me.
3… just 3
Is Kalshi the one whose CEO says he doesn’t read (or can’t read)?
No that’s the Governor of California /s
