|
|
|
|
|
by Invictus0
90 days ago
|
|
Betting on which card will be on top of a freshly shuffled deck is pure gambling. It is a game of pure chance. Betting on sports is not pure chance. If I play a game of tennis against roger federer, I am sure to lose. I can predict this event with 100% certainty. https://polymarket.com/event/btc-updown-5m-1773764400 Bitcoin up or down is another non-chance event. I can easily sway the price of bitcoin by just buying some. Recently there was a market to predict how long the US government shutdown would last. This is not gambling--you can look at historical data of shutdown durations and form a prediction based on researching each politician's views. Sure, an idiot might gamble by just picking an option at random, but the game itself isn't gambling because it's not a game of pure chance. |
|
So as previously stated I can tell the difference but still have no idea what point you were originally trying to make. Prediction markets are still a form of gambling however impure, no? Just as betting on a horse race is.