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Comment by abustamam

For whatever it's worth, Kalshi refused to pay out on the bet because Khomenei died, and they refuse to allow people to profit off of death so they returned everyone's bets.

https://xcancel.com/mansourtarek_/status/2029996077554815268

While I think this policy removes one avenue of incentivizing death of real people (many bets involving real people can probably be resolved by some sort of assassination attempt), I honestly think the whole concept of betting on real world events is ludicrous to begin with, including sports. It always incentivizes behavior that doesn't naturally occur (the trope of fixing horse races comes to mind).

parent abustamam 7 months ago

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