Maybe Society Shouldn't Be Based On Gambling? - SOME MORE NEWS

Hi. In today's episode of Some More News, we're looking at Polymarket, Kalshi, and other prediction markets – how they work, how easily they are gamed, and the (very obvious) dangers of having society bet on everything. Get the world's news at https://ground.news/SMN to compare coverage and see through biased coverage. Subscribe for 40% off unlimited access through our link. Commodity Futures Trade Commission - https://www.cftc.gov/ Hosted by Cody Johnston Executive Producer - Katy Stoll Directed by Will Gordh Written by David Christopher Bell and Amanda Scherker Edited by Gregg Meller Produced by Jonathan Harris Post-Production Supervisor - John Conway Researcher - Marco Siler-Gonzales Graphics by Clint DeNisco Head Writer - David Christopher Bell PATREON: https://patreon.com/somemorenews MERCH: https://shop.somemorenews.com YOUTUBE MEMBERSHIP: https://www.youtube.com/channel/UCvlj0IzjSnNoduQF0l3VGng/join #somemorenews #Polymarket #Kalshi This year, skip breaking a sweat AND breaking the bank. Get this new customer offer and your 3-month Unlimited wireless plan for just 15 bucks a month at https://mintmobile.com/morenews – Upfront payment of $45 required (equivalent to $15/mo.). Limited time new customer offer for first 3 months only. Speeds may slow above 50GB on Unlimited plan. Taxes & fees extra. See MINT MOBILE for details. Double up the love this Mother's Day and buy ONE DOZEN roses and get ANOTHER DOZEN for free at http://1800Flowers.com/NEWS Try Gusto today at https://gusto.com/MORENEWS and get three months free when you run your first payroll. Pluto TV. Stream Now. Pay Never. Chapters: 00:00 - Introduction 1:43 - The Prediction Market Is a Terrifying Scam 8:37 - Prediction Markets Are The News Now 16:19 - Insider Trading Is Legal Now 24:46 - Everything Is Gambling 38:27 - This Is Way Worse Than Gambling