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Joined 11 months ago
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Cake day: June 23rd, 2025

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  • Someone has to take the other side of the bet.

    Everything is a yes or no question. You can buy a yes or no option for anywhere between 1 cent and 99 cents. When an outcome is finalized, the side that had the correct prediction has their option goto $1.00

    So as an outcome becomes more likely, its price moves towards $1.

    So when you buy a contact for less than 50 cents you are buying the underdog, when it’s over 50 cents you are backing the favorite.

    Let’s say that the contact is if you will eat a sandwich today. I’m guessing most people will think you will eat a sandwich so the “yes” contract will probably cost 99 cents or so.

    If someone pays 99 cents for that option and you do eat a sandwich they get back $1 total, or 1 cent profit.

    Well what if I’m your doctor and you come in to me with food poisoning. Now I have inside information and I can buy an option that you will not eat a sandwich today for 1 cent and if you don’t eat a sandwich I’ll get back $1 for every penny I put towards the “no” outcome.

    So the big issue is people having inside information and using these prediction markets to illegally make money and it’s really hard to track.

    In the article, it appears that only 1 missile landed and that the only source for it was this author’s article. So the people that bet on the “no” outcome are trying to get him to change his article so the outcome is contested and they can maybe win their bet. They are using the position that what landed was a piece of a missile that was intercepted.

    There is now a huge financial motivation to report news that isn’t factual.






  • Taco Bell does that now. Every single drive thru I’ve gone to have a intro message

    “Welcome to Taco Bell are you checking in with your app or reward points??”

    And each version is clearly recorded locally because they always sound like a manager or something.

    I almost want to drive to a bunch and record them for a dystopian compilation.

    And I usually say “I have an order for <name>” and I get silence or a long pause and someone saying hold on.

    It’s pointless. Especially when I can see the window operator handing food to a car ahead of me, I know they’re not ready but I’ve already been autoprompted by the recording.