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Hi. Today we're looking at prediction markets – how they work, how easily they are gamed, and the (very obvious) dangers of having society bet on everything.

VIDEO LINK: https://youtu.be/XK28YrPV_ng

Files

Polymarket, Kalshi, And The New Gambling Economy - PATREON

Hi. Today we're looking at prediction markets – how they work, how easily they are gamed, and the (very obvious) dangers of having society bet on everything.

Comments

Burrito

Hey, you had the same topic as LWT! I won $666 on Pokymarket!!!

Jess Hrudey

Do you all give Dan O’Brien a hard time when your show and Last Week Tonight cover the same things? Like obviously in a friendly way, but just curious!

Douglas Anderson

I used to do trade surveillance for a major brokerage, investing trades looking for market manipulation and insider trading. Selig's statement on what insider trading isn't made me even more upset than it should make everyone else. Good thing I only wasted 7 years of my life doing that.

Dan M

That could have been anybody walking into the frame! Rigged!

AEPSchmitt

Actually seeing Katy and Cody in the same shot was weird.

Sharien

sorry cody... i dont think this is the rock bottom of capitalism i am much too jaded to believe that they cant do even worse. unless we stop them of course...

Lucy

Thanks to Codybets, I just won 10 Warmbucks betting that Cody would mention LOST and BSG! [The above comment was made by my own volition and was not bribed by Cody, Warmbo, any other sentient being]

Ray

If i had a nickel every time SMN nad LWT covered the same topic in the same week… id have 2 nickels…

mink

Im so happy to see this video, the only video on prediction markets released in the past 72 hours

Gerald Waters

I can't help but think that these companies will be used to mess with the outcomes of future elections in America.