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by CodesInChaos 9 days ago
> a multi billion dollar casino with rules that can change and you have no option to legally fight it

Why is there no way to legally fight this? Is polymarket too de-centralized? Or incorporated in a jurisdiction where that's not feasible? Or are "you can't sue us" ToS actually enforceable here?

2 comments

Doesn't really track, polymarket can be sued just like anyone else. It might be prohibitively expensive for a small individual, but that's no different from wanting to sue Apple either.
The issue is that the prediction market is not decentralized, that the bet resolution is not actually controlled by code.