Comment Re:Why are people calling these things âoepre (Score 2) 44
Sure, you can use them for that.
But just go click on Kalshi's homepage and tell me what you see. Its sports betting.
So while sure you can bet.... er I mean trade... on market outcomes, you can also bet on sports. How is this different to what DraftKing or BetUS or whatever do?
These are gambling websites walking around in the mask of financial instruments.
And if the difference is the people betting have a stake in the outcome beyond that any other gambler would have, well we have a term for that, and that term is "rigged".