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by AccountAccount1 1412 days ago
The gambling angle is straight up dumb, why are they framing it that way? Aggregating information (however true) provides a net benefit in any endeavor, and there has to be a financial incentive to do information arbitrage, that's the whole point, because people would not even worry about it.

The whole thing is that, the media now cannot say that elective x has a 65 approval rate (based on a survey of 6 coworkers) when on Predictit is at 10%.