Comment on France orders internet providers to block access to Polymarket prediction site
7toed@midwest.social 1 week agoI feel like too many people have the general impressing that this is some normal gambling. For example, on polymarket, if a bet defaults, such as a gane being cancelled, the pool is split 50/50. Most users do not know of this, and it can be gamed until you get banned, what other platform (or hell if Im betting with friends) does that?
kakekongen@lemmy.zip 1 week ago
I would assume other betting exchanges such as betfair does that. With betfair you purchase an order and someone must issue a sell for you to get that price. Think stock market for sports betting. But betfair is considered a gambling site and is regulated as such. So I don’t see why Polymarket or Kalshi should be any different. I’d be happy to be convinced otherwise :)