If I hear anyone mention that they participate on these markets, I instantly look down on them. Fucking pathetic garbage. You want to make money? Do some fucking work. Contribute to society in some way. Betting on whether a wild fire will consume a town, or a school will be bombed, or a country toppled, makes someone a irredeemable piece of shit.
Honestly, the whole goddamned stock market should be razed to the ground, salted earth. Workers need to be the ones in control of the companies, not those who think money is what can buy power and control. It all serves to funnel paper up to the capitalists who control it all. How are prediction markets any different? Burn it all down.