It was ridiculous that Polymarket claimed to be anything other than a gambling company.
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RE: https://mastodon.nl/@nrc_nl/116085857772166483
It was ridiculous that Polymarket claimed to be anything other than a gambling company. I'm glad Dutch regulators aren't stupid enough to fall for that.
I especially hate it when people call them a "prediction market". They don't "predict" anything, any more than a traditional bookie "predicts" the outcome of a horse race.
Of course Polymarket is even worse than traditional gambling, because it's so easy for insiders to game it.
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RE: https://mastodon.nl/@nrc_nl/116085857772166483
It was ridiculous that Polymarket claimed to be anything other than a gambling company. I'm glad Dutch regulators aren't stupid enough to fall for that.
I especially hate it when people call them a "prediction market". They don't "predict" anything, any more than a traditional bookie "predicts" the outcome of a horse race.
Of course Polymarket is even worse than traditional gambling, because it's so easy for insiders to game it.
@notjustbikes you wrote predict, my brain read predatory.
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RE: https://mastodon.nl/@nrc_nl/116085857772166483
It was ridiculous that Polymarket claimed to be anything other than a gambling company. I'm glad Dutch regulators aren't stupid enough to fall for that.
I especially hate it when people call them a "prediction market". They don't "predict" anything, any more than a traditional bookie "predicts" the outcome of a horse race.
Of course Polymarket is even worse than traditional gambling, because it's so easy for insiders to game it.
@notjustbikes@social.notjustbikes.com At the casino, I also don't gamble but predict that the roulette ball will land on 17.
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RE: https://mastodon.nl/@nrc_nl/116085857772166483
It was ridiculous that Polymarket claimed to be anything other than a gambling company. I'm glad Dutch regulators aren't stupid enough to fall for that.
I especially hate it when people call them a "prediction market". They don't "predict" anything, any more than a traditional bookie "predicts" the outcome of a horse race.
Of course Polymarket is even worse than traditional gambling, because it's so easy for insiders to game it.
@notjustbikes polymarket doesn't predict anything, the users do.
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