Organized betting on use of nukes!

[Kornee]

https://www.newsweek.com/will-russia-use...it-1752837
Anything goes it seems. Presumably all bets will be off if it goes from tactical use to strategic all out.

[C C]

"Polymarket argued it is providing a "public good" by providing odds on Russian use of offensive nuclear weapons."

Sounds like some low-budget, dystopian-themed gambling exploitation film that Roger Corman should have cashed in on after filming "Death Race 2000". Which is to say, don't know why there's a psychedelic splash screen of 1970s movies ranging from "Soylent Green" to "Rollerball" squirming together as one reads some of that.

[Kornee]

"Polymarket argued it is providing a "public good" by providing odds on Russian use of offensive nuclear weapons."

Sounds like some low-budget, dystopian-themed gambling exploitation film that Roger Corman should have cashed in on after filming "Death Race 2000". Which is to say, don't know why there's a psychedelic splash screen of 1970s movies ranging from "Soylent Green" to "Rollerball" squirming together as one reads some of that.

And the rest of their quoted rationalization for such a 'public service' is bizarre:

"The site read: "A prediction market on whether Russia will use nuclear weapons has been requested many times recently by esteemed academics and thought leaders from across the world, and it is strongly within the public's interest to have accurate price discovery and realtime forecasts on such a topic.

"Existing prediction markets on this subject lack functional price discovery mechanisms, and thus are misleading the people; therefore it was deemed necessary to support this market as a public good, in order to provide clarity to society on one of the most pressing issues of the 21st century.""

Would be interesting to know who 'the esteemed academics' clamoring for the gambling on nuke use 'service' actually were. One can guess that would be denied on 'confidentiality grounds'. Or maybe they just fibbed about it.