posted in Technology
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.
Replying to @sanitation@lemmy.today
No shit you dumbfucks, prediction markets incentivize a fuck load of illegal shit and corruption and should be banned
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.
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.
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.