this post was submitted on 13 Aug 2026
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Not The Onion

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[–] ech@lemmy.ca 2 points 1 day ago (3 children)

Who cares what a shitty gambling site "says"?

[–] 5318008@lemmy.ml 0 points 7 hours ago* (last edited 7 hours ago) (1 children)

Well, it's the aggregated opinion of people who use the site. Kalshi doesn't set the price; people making the bets set the price based on the odds others are willing to accept.

There's a sampling bias for sure, but since the odds given for this bet are based on how much people are willing to pay for that bet, this gives a very good approximation for how people actually feel about something.

It actually ends up being more reliable than most opinion polls in that way.

[–] ech@lemmy.ca 1 points 2 hours ago

Besides the fact they nobody knows what is being done behind the scenes to ensure results are (or aren't) fair, using a sample of individuals that are all attempting to play the system against each other deeply and irreparably biases the data.

On top of that, jokes like the one I responded to and comments like yours only serve to legitimize a "service" thats sole purpose is to squeeze every penny from its users. It doesn't provide anything beneficial to anyone but its owners.

[–] BarneyPiccolo@lemmy.today -1 points 12 hours ago
[–] Abyssian@lemmy.world 14 points 1 day ago (1 children)

You seem to have missed the joke.

[–] naught101@lemmy.world -4 points 1 day ago (1 children)

You screwed your joke by unnecessarily attaching it to a brand and making it look like an ad.

[–] Abyssian@lemmy.world 13 points 1 day ago (1 children)

Or it was a simple layered joke making fun of both Elon's pedophilia and that things that fucked up are actually allowed on those shit gambling sites.

[–] turdburglar@piefed.social 8 points 1 day ago

settle down yall