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A comment on White House staff told not to place bets on prediction markets. Parent comment

Re:White House staff told not to place bets on prediction ma... by ceejayoz on Friday April 10, 2026 @09:14AM (#47717673)
> So who are the suckers who are losing all this money?

Random people who saw an ad or their favorite influencer shilling it.

Like when my neighbors started asking me about NFTs.

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Re:White House staff told not to place bets on prediction ma... by mrguyorama on Friday April 10, 2026 @03:27PM (#47722556)
There does seem to be a distinct class of "Serial Bagholders" though. People who thought NFTs were going to be their "Ticket" and lost a lot, and then the next thing was going to be their "Ticket", etc etc.

I genuinely don't understand how they have money to keep losing.

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Re:White House staff told not to place bets on prediction ma... by ceejayoz on Friday April 10, 2026 @03:46PM (#47722788)
They don't. They're just gambling addicts.
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