points by mahboi 5 days ago | 0 comments
I liked it for political races as an alternative to polls. Was terrible for several other things. 99% of it was really just sports betting, which I can't see being a good thing.
[–] baggachipz 5 days ago
[–] kube-system 5 days ago
We don't need more financial incentive to influence the outcome of elections, there's already enough as it is.
[–] rbanffy 5 days ago
> I liked it for political races as an alternative to polls.
With enough funds, smaller political races can be gamed.
[–] mahboi 5 days ago
Yeah that too, so only the big ones. Obviously the law can't distinguish since it's all the same kind of gambling.
[–] rbanffy 4 days ago
The law can always distinguish the intent, which might be hard to prove, but not impossible. For instance, a PAC making large bets would raise a lot of suspicion. One Brazilian fugitive currently in the US has injected about a billion dollars in the form of bets on a Brazilian betting company, and that has caught regulators' attention.
And it's terrible and going to destroy sports.