Happy to see that the article gets there eventually, but it's buried pretty deep: People betting on Donald Trump to win the election he had just lost weren't ac

Happy to see that the article gets there eventually, but it's buried pretty deep: People betting on Donald Trump to win the election he had just lost weren't actually betting money. They were spending it. They are saying "I will spend $,000 just to show that I support Trump to the point where I [pretend to] believe him when he says he won the election [that he clearly just lost]". It's MAGA culture's way of - wait for it - virtue signaling. And the prediction market is just vacuuming up most of that money for themselves. You can bet against it for a nominal profit, but you're paying the vig to do it, and the vig is a big chunk when the odds are sitting at 9:1.