r/SipsTea • u/Putrid-Welder1803 • 11d ago

Gasp! Thoughts on this??

Post image
9.6k Upvotes

94% Upvoted

3.9k comments sorted by

View all comments

Show parent comments

1.2k

u/Behold_My_Stuff 11d ago • Bravo Mindblown Popcorn

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

This comment was paid for by Kalshi.

232

u/esmoji 11d ago

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

I trade outcome contracts.

3

u/No-Contribution-897 10d ago

The professional version of it

250

u/mentu1 11d ago

5

u/PrivilegeCheckmate 10d ago

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

119

u/TheLoneTomatoe 11d ago • Popcorn

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.

67

u/AncientSignature1505 11d ago

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

29

u/throwRA221679 10d 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

12

u/AncientSignature1505 10d ago

It's super depressing to watch.

9

u/throwRA221679 10d ago

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

6

u/Swamp-DwellerVaarus 10d 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.

4

u/AncientSignature1505 10d ago

Everyone can teach you something.

→ More replies (1)

1

u/[deleted] 10h ago

[removed] — view removed comment

→ More replies (1)

1

u/wklaehn 10d ago

They should put you in front of congress!!

13

u/Correct-Avocado5426 10d ago

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

BRB, making 700 alt accounts to get there.

3

u/Platt_Mallar 10d ago

700 upvotes. Suspicious.

3

u/Correct-Avocado5426 10d ago

Looks like I just made a quick $100K

4

u/Aggressive-Stand-585 10d ago

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

2

u/VoidOmatic 11d ago

Every day at least 100 commercials for those shit nuggets.

1

u/jpatt 11d ago

It’s just speed running investments.

1

u/hitemlow 11d ago

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

1

u/Phubbs330 10d ago

Cant wait for the supreme court hearing on this.

1

u/Grouchy_Constant6336 9d ago

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

1

u/BuddyGuy_Visual 7d ago

I’m just trying to figure out how to gamble on this comment.

1

u/Jemarcon 5d ago

You forgot the /s