Comment by crazygringo

People can go bankrupt from sports betting, from financial investing, they go bankrupt in lots of different ways through all sorts of bad decisions. If you want to outlaw recreational betting entirely, and restrict things like Polymarket and the stock market entirely to people like "accredited investors" who are supposedly responsible enough not to go bankrupt, then maybe argue for that, but not against Polymarket specifically. And then you're going to have to argue why that doesn't restrict people's freedom -- why should only richer people be allowed to trade on information? Doesn't that disadvantage the average citizen?

> What does that tell you about the future?

Are these supposed to be trick questions or something? They tell you exactly what they tell you. I already told you -- the stock price is a prediction of NPV of future profits. Did you see that in my last comment? Do you understand that? If that isn't a concrete, actionable and valuable prediction, I don't know what is.