Comment by Invictus0
5 hours ago
if you can't tell the difference between a game of pure chance and predicting real world events then there is simply nothing to say
5 hours ago
if you can't tell the difference between a game of pure chance and predicting real world events then there is simply nothing to say
https://en.wikipedia.org/wiki/Fooled_by_Randomness
Predicting real events is significantly random which makes it like gambling, but the ability to influence events makes it unlike gambling.
Just calling it gambling emphasizes the former problem while dismissing the latter problem.
I can tell the difference (at least I think) but I have no idea what your point is.
prediction markets are not pure gambling just as investing in stocks is not gambling.