Our everyday life is tinged with gambling. Sports gambling. Lottery gambling. Casino gambling. “Skill games” that are so very, very similar to slot machines. In some states, riverboat gambling. And now, real world prediction gambling. A disturbing article in the Washington Post last week described the “killings” some gamblers expected after they placed money on the probable ouster of Iranian supreme leader Ayatollah Ali Khamenei. Whether the bet was also on Khamenei’s death is not disclosed. However, one gambler told the Post he bet $3,460 through a prediction app and expected to cash in on $63,000 after Khamenei was killed the first day of fighting. He and other gamblers are furious that the payouts were canceled by the betting app, which stated it does not allow bets “directly tied to death.” Connecticut Senator Chris Murphy told the Post that prediction bets are “American commercial immorality on steroids. Once events that involve good and evil simply become a financial product, I d...
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