pure liberal ideology cope lmao stonks-down

1984 The Democrat Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. debatebro-l The covid response was great, Biden "owned" (as the kidz these days say) Trump 4 years ago, the bidenomics are working even better than expected, the stupid leftists will have forgotten about the genocide in a few months debatebro-r

very-smart liberalism is the end of history because that one guy writing opinion pieces for [Reputable Unbiased Prestige Newspaper] told me so, the UwU heckin chonkers 99% hitler liberal bourgeois will banish the ontologically evil 100% hitler fascist bourgeois who spring into the world for no apparent reason (how does this keep happening? wonder-who-thats-for) when they push through the bill to keep the "orcs" on the southern border outside of our sacred kingdom of enlightened free market heaven while empowering our brave holy warriors in the Azov battalion and the IDF to continue waging their righteous war against the dark forces of orcishness on different fronts to ensure that our divine mandate of heaven over world trade remains protected (the 🇺🇦🇮🇱 NAFO dogs are the messenger birds of god's will jesus-cleanse russia-cool biden-harbinger)

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then 100% hitler facism will inevitably be finally defeated once by and for all i will get my money stonks-up

  • axont [she/her, comrade/them]
    ·
    8 months ago

    Why are there bets on people who aren't even running? Is this an algorithm or are there a lot of people convinced Biden is gonna die and get replaced with Michelle Obama of all people?

    • edge [he/him]
      ·
      edit-2
      8 months ago

      Looks like there's a "propose resolution" button where you can pay to propose adding options. If someone is willing to pay for it, why not I guess.

      Also it says $1.9 million have been bet on Hillary Clinton winning. Who tf bet that? And $2.6 million have been bet for Kanye West. Who's just knowingly throwing away their money?

    • YearOfTheCommieDesktop [they/them]
      ·
      8 months ago

      I've heard that theory before tbf but I'm astonished people believe it enough to put money on it. I think its a republican psycho thing maybe where they think its gonna be rigged for michelle obama because its their biggest fear?

      • GrouchyGrouse [he/him]
        ·
        8 months ago

        I had a terrible nightmare that a black woman was president and forced me to eat a tomato

    • Owl [he/him]
      ·
      8 months ago

      It's a prediction market. It's kind of the inverse of normal gambling - instead of the ticket price being fixed and the payout being based on how many people bet that, the ticket price is based on how many people bet that and the payout is fixed. This also allows you to do stock market shit to your bets. It also means that the percents should be an accurate probability because of the efficient market hypothesis.

      One of the various flaws of these things is that all of the bets are made by the sort of person who'd believe in the accuracy of prediction markets. So pseudo-intellectual, easily swayed by a semi-technical explanation, second option bias, believes in the efficient market hypothesis.