> Like if there is a $50M bet on some world leader being assassinated Such bets would be (and are) obviously not allowed, so this isn't an argument against pre

> Like if there is a $50M bet on some world leader being assassinated Such bets would be (and are) obviously not allowed, so this isn't an argument against prediction markets in general. But unfortunately they are indeed banned in the US, which prevents them from becoming mainstream. They have a lot of big potential applications. I recommend this article for an overview: https://astralcodexten.substack.com/p/prediction-market-faq https://astralcodexten.substack.com/p/prediction-market-faq