r/SipsTea • u/Putrid-Welder1803 • 2d ago

Gasp! Thoughts on this??

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8.5k Upvotes

93% Upvoted

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2.6k

u/Darkman-1969 2d ago

Any non-American watching a broadcast would think we are a society addicted to meds and gambling after watching a sporting event…then again, maybe we are.

1.0k

u/Behold_My_Stuff 2d ago

Prediction markets are entirely different than gambling and betting. You better get that straight boy.

This comment was paid for by Kalshi.

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u/esmoji 2d ago

I don’t place sports bets, that would be low brow.

I trade outcome contracts.

3

u/No-Contribution-897 1d ago

The professional version of it

231

u/mentu1 2d ago

https://giphy.com/gifs/y2i2oqWgzh5ioRp4Qa

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u/PrivilegeCheckmate 1d ago

Right thread, right gif. 10/10, no notes.

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u/TheLoneTomatoe 2d ago

They are entirely different though.

With sports betting, you can bet on specific outcomes that are pretty heavily regulated.

In prediction markets like Kalshi, you can bet on specific outcomes.

Entirely different things.

56

u/AncientSignature1505 2d ago

I love that you're not even far off from the circular logic they use.

21

u/throwRA221679 1d ago

They strike me as particularly gross since they manage to avoid using the term betting in their ads, so it comes across as taking advantage of younger or more gullible adults

10

u/AncientSignature1505 1d ago

It's super depressing to watch.

5

u/throwRA221679 1d ago

The amount of people I know who fall for this and also complain about being broke….like, pick one or the other

3

u/Swamp-DwellerVaarus 1d ago

it’s funny i don’t think i would have ever liked one of my uncles, he was a huge gambling addict. I do now, he showed me exactly why I will never touch that shit. I don’t wanna be that guy.

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u/AncientSignature1505 1d ago

Everyone can teach you something.

1

u/Behold_My_Stuff 1d ago

Its like vaping vs cigarettes

Its trading one danger (high heat and certain chemicals) for another (extremely high nicotine delivery, easier consumption, Heavy metal leeching).

In the end, its the same nicotine addiction at its core...but now in watermelon!

1

u/wklaehn 1d ago

They should put you in front of congress!!

9

u/Correct-Avocado5426 1d ago

I'm trading on how many upvotes your comment will get.

BRB, making 700 alt accounts to get there.

1

u/Platt_Mallar 1d ago

700 upvotes. Suspicious.

2

u/Correct-Avocado5426 1d ago

Looks like I just made a quick $100K

2

u/VoidOmatic 1d ago

Every day at least 100 commercials for those shit nuggets.

2

u/Aggressive-Stand-585 1d ago

It's not a loan! It's BUY NOW and PAY LATER!

1

u/jpatt 1d ago

It’s just speed running investments.

1

u/hitemlow 1d ago

Why did Taylor Swift's boyfriend pay for your comment?

1

u/Phubbs330 1d ago

Cant wait for the supreme court hearing on this.

1

u/Grouchy_Constant6336 20h ago

Yes! I put my mortgage on this prediction fucking thanks 🙏.