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SocksPls@lemmy.dbzer0.com to Lemmy Shitpost@lemmy.world · 6 hours ago

insider trading as a service

lemmy.dbzer0.com

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insider trading as a service

lemmy.dbzer0.com

SocksPls@lemmy.dbzer0.com to Lemmy Shitpost@lemmy.world · 6 hours ago
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  • Grandwolf319@sh.itjust.works
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    5 hours ago

    Never understood how people can be so dumb to gamble with something that has insider trading written all over it.

    It’s like trying to win money in boxing when your not a boxer yet your going against professionals

    • weimaraner_of_doom@piefed.social
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      4 hours ago

      Gambling for schmucks.

    • kate@lemmy.uhhoh.com
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      4 hours ago

      has insider trading written all over it

      that’s exactly why i bought it tbh

  • null@lemmy.org
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    4 hours ago

    Do insider trading laws cover bets or is it only stocks?

    • kate@lemmy.uhhoh.com
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      3 hours ago

      do insider trading laws cover stocks anymore??

      • Viking_Hippie@lemmy.dbzer0.com
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        2 hours ago

        Not if you’re rich and/or connected enough.

        So basically like all US “white collar” crimes

  • MidsizedSedan@lemmy.world
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    4 hours ago

    Imagine showing this to someone in 2016. I wouldn’t believe it

  • Tomtits@lemmy.dbzer0.com
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    6 hours ago

    I’ll put $2 on no

    I can afford to lose that based on the return of almost a grand

    • jj4211@lemmy.world
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      2 hours ago

      Problem is that is what the insider traders are counting on. They know it is going to happen, it’s planned to happen and the odds reflect that. So a few million folks toss in a couple of bucks and the insiders cash in.

      Outsiders can’t be 100% sure that it’s a planned event so they don’t take the terrible odds and the insiders don’t have to split things.

    • SocksPls@lemmy.dbzer0.comOP
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      6 hours ago

      • Tomtits@lemmy.dbzer0.com
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        6 hours ago

        Oh, well

      • ShinkanTrain@lemmy.ml
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        4 hours ago

        STOP THE COUNT

  • starik@lemmy.zip
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    5 hours ago

    Allah must be so confused right now

  • Karl@literature.cafe
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    6 hours ago

    The image isn’t loading. Someone tell what it’s about?

    • kate@lemmy.uhhoh.com
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      6 hours ago

      It is a screenshot of the graph here https://polymarket.com/event/will-trump-praise-allah-again-by-april-15/will-trump-praise-allah-again-by-april-15

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