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A comment on Kalshi court losses pile up as judges refuse to block state gambling laws. Parent comment

Re:Kalshi court losses pile up as judges refuse to block sta... by twosdai on Friday November 06, 2026 @02:18PM (#50397004)
Both have risk associated with them yes, one has oversight from the goverment and the other is a game / world event.

With stocks if I try to do insider trading I run the risk of Jail time. Or if I try to do a Pump and Dump scheme, I go to jail. If I am an person and I "place a bet on polymarket/kalshi" and then go and influence that outcome. It may not be illegal. Since these markets commodify literally any event, its impossible to control the items themselves. So the markets need to be controlled.

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Re:Kalshi court losses pile up as judges refuse to block sta... by nojito on Friday November 06, 2026 @02:44PM (#50397368)
Prediction markets are overseen by the CFTC.
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Re:Kalshi court losses pile up as judges refuse to block sta... by gwerbin on Friday November 06, 2026 @02:53PM (#50397486)
But oversight from the government could change tomorrow. The definition of something shouldn't hinge on what the government thinks it is. The government's definition should be based in something meaningful.
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