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points by npc99 16 hours ago | 0 comments
so, to be clear, are you seeking to mislead us into thinking there is something fundamentally different between gambling on sporting events versus on things like election outcomes?
[–] semiquaver 16 hours ago
> there is something fundamentally different between gambling on sporting events versus on things like election outcomes

Yes. Everyone seems to like sports gambling and no one whatsoever cares about non-sports-gambling prediction markets. Thats the difference. Framing this as an issue about prediction markets is misleading. It’s about sports gambling only

[–] npc99 16 hours ago
A lot of people are pretty puritanical about gambling in general. I think prediction markets just push themselves harder and have an air of tech bro douchebaggery about them, so that's why they are currently getting most of the hate.
[–] rdiddly 11 hours ago
From the linked survey results:

Percent who say they "frequently" or "sometimes" engage in:

online sports betting: 23%

prediction markets: 14%

Not a huge difference. I would say the two things are not materially different in popularity (in this one survey).

The article (which I agree is a bit crappy) even goes out of its way to mention the two things separately in the sentence "For someone to win in a prediction market or sports bet, someone else has to lose." They are different things, but they are both zero-sum, which is the point of the article. So the two things are not really different in principle, either.

I can't really grasp what your point is or how you can criticize the article for not being unsupported by the link, and then misrepresent the contents of the link.

[–] semiquaver 10 hours ago
> prediction markets: 14%

Doubt