We Haven't Seen the Worst of What Gambling and Prediction Markets Will Do

From rigged pitches to war bets: the internet asks, are we all just extras in someone else’s gambling scam

TLDR: The article warns that gambling and prediction markets are creeping from sports into war and news, with people allegedly cashing in on bombings and pressuring journalists. Commenters are split between horror at a rigged-feeling world and a cynical shrug that this is just how money and power have always worked.

Baseball games, missile strikes, even news headlines – the article lays out how people are secretly betting on all of it, but the real show is in the comments. One user jokes we should “make a bet on how bad it can get,” predicting a future where even catastrophes have odds and payouts, turning the whole thread into a dark, dystopian meme. Another is horrified that someone allegedly cashed in over half a million dollars by betting on the exact day the U.S. would bomb Iran, calling out a “disturbing” pattern of war bets and even name-dropping Donald Trump Jr. as an advisor to the prediction platform to crank the conspiracy dial to 11.

But not everyone is clutching their pearls. One commenter shrugs it off as moral panic, basically saying: if you want to gamble on war and sports, go ahead, and if you don’t, don’t – end of story. Another takes the chaos further, arguing that if athletes throw games for bets, it’s no worse than companies manipulating their stock prices, turning the thread into a “everything is rigged anyway” therapy session. The result: half the community is terrified that prediction markets will corrupt reality itself, and the other half is like, welcome to how the world already works.

Key Points

  • A November 2025 federal indictment alleged Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz conspired with bettors to throw specific pitches as balls.
  • The alleged baseball scheme reportedly yielded $450,000 in winnings for the bettors before being halted.
  • On February 28, a large bet on Polymarket predicted a U.S. strike on Iran the same day; hours later, strikes occurred, and the user “Magamyman” reportedly profited $553,000.
  • Multiple suspicious Polymarket wagers reportedly preceded the onset of the Iran conflict, totaling millions of dollars.
  • On March 10, bettors allegedly pressured journalist Emanuel Fabian to alter reporting on a strike near Jerusalem, potentially affecting roughly $14 million in market payouts, as reported by The Atlantic’s Charlie Warzel.

Hottest takes

"Let’s make a bet on how bad it can get" — cat-turner
"‘Predictions’ market is the silliest loophole for gambling" — hydroflame7
"All this handwringing just smacks of moral Puritanism" — GenerWork
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