https://www.972mag.com/israel-media-censorship-iran-war/
This could definitely affect key polymarket bets in the near term. I expect over the long term the truth will come out, but in the near term, it could be obscured.
https://www.972mag.com/israel-media-censorship-iran-war/
This could definitely affect key polymarket bets in the near term. I expect over the long term the truth will come out, but in the near term, it could be obscured.
This sort of suggests that the best trading strategy would be if you had a guy inside of the censorship bureau who could help you define reality as you want it.
This was over a decade ago so I don't remember the exact details, but I'm sure this was covered by the wording of the agreement and I'd have been out of luck with the bookies.
Can't comment on unrelated legal penalties, but in Japan there was match fixing in sumo and nobody got arrested (couldn't prove gambling) but a lot were fired: https://en.wikipedia.org/wiki/Match-fixing_in_professional_s... https://factsanddetails.com/japan/cat21/sub138/item1779.html
Unfortunately, combat sports are relatively easy to fix because you only have a few people involved in the live action at a time.
>This sort of suggests that the best trading strategy would be if you had a guy inside of the censorship bureau who could help you define reality as you want it.
As far as I can tell, it seems like the betting market sites explicitly encourage insider activities, and I would not be surprised if this happened for real. See:
https://www.rawstory.com/leavitt/
>Gamblers cry foul after White House briefing ends seconds before key betting cutoff
A slightly different example because if true, the insider would be changing her behavior rather than changing the reporting of the facts. But it still shows that a small number of insiders (or a single insider) can change betting results.
Unlike the regular markets though, which are dominated by smart money, these markets are dominated by degen gamblers and idiots, so I guess they just shrug it off.