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posted in Technology

sanitation@sanitation@lemmy.today
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Senators demand crackdown on wildfire “prediction market” bets | Fire experts warn such markets could incentivize arson.

arstechnica.com/tech-policy/2026/08/senators-demand-crackdown-on-wildfire-prediction-markets/
Ars TechnicaSenators demand crackdown on wildfire "prediction market" betsFire experts warn such markets could incentivize arson.
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CIA_chatbot@CIA_chatbot@lemmy.world
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Replying to @⁨sanitation@lemmy.today⁩

No shit you dumbfucks, prediction markets incentivize a fuck load of illegal shit and corruption and should be banned

⁨Aug⁩ ⁨6⁩, ⁨2026⁩, ⁨18:01⁩en
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Thorry@Thorry@feddit.org
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Replying to @⁨CIA_chatbot@lemmy.world⁩

Even if it were all above board, it’s just gambling and should be heavily restricted just as all other forms of betting.

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nullspace@nullspace@lemmy.world
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Replying to @⁨Thorry@feddit.org⁩

I’m against gambling, but at least with slot machines and poker tables there isn’t a cash incentive to go light the forest on fire.

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postmateDumbass@postmateDumbass@lemmy.world
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Replying to @⁨nullspace@lemmy.world⁩

With sports betting you are still not allowed to bet on your own games or leauges.

To remove betting on outcomes you control much of.

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minorkeys@minorkeys@sh.itjust.works
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Replying to @⁨CIA_chatbot@lemmy.world⁩

Given the texts between Daniel Cormier and Trump’s kid, it’s very obvious why they’re allowing this and what extent they’re willing to go to make money.

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Pika@Pika@sh.itjust.works
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Replying to @⁨CIA_chatbot@lemmy.world⁩

Yeah, just outlaw prediction markets that contain negative values. or political values, like who cares about weather predictions but anything that can change society needs a heavy block

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UselessAsshole@UselessAsshole@lemmy.world
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Replying to @⁨Pika@sh.itjust.works⁩

Your first five words were the correct sentence.

Policing online gambling would require an act of congress, a new agency, and a shitload of work just to protect Trump Jr.'s business interests.

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Zarobi@Zarobi@aussie.zone
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Replying to @⁨CIA_chatbot@lemmy.world⁩

These gamble on anything apps are so dystopian it hurts

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