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Man who lost $308,000 on sports bets sues Kalshi for offering illegal gambling (arstechnica.com)
submitted 2 days ago by to c/technology@lemmy.world
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[–] 69 points 2 days ago (6 children)

"I lose $30,800 shame on me.

I lose $308,000 shame on you."

Hope he wins.

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  • [–] 19 points 2 days ago (4 children)

    Hope he wins.

    Because you are tired of Kalshi?

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  • [–] 84 points 2 days ago (3 children)

    Two reasons:

    1. Prediction markets ARE gambling and need to be regulated as such before it has a chance to create victims or empower insider trading.
    2. My moral philosophy is to side with the underdog.
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  • [–] 4 points 2 days ago

    My moral philosophy is to side with the underdog.

    I go into every sportsball game with this worldview. I don't care who's playing, I just like seeing the fallow with an upset victory and the response from the people that care way too much about something that ultimately doesn't really matter.

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  • [–] 6 points 2 days ago

    Thanks. I have heard people complain about the constant ads, and I didn't know if that was what got you too. I don't watch anything on TV anymore (I do streaming) so I never see them.

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