2026-10-04 05:27 UTC
Replies (12)
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@eicker@lemmy.world 2026-10-04 05:28
Calling a betting market »journalism« is quite the innovation: why investigate power, verify facts, or protect sources when you can just put odds on reality and call it data? CBS partnering with Kalshi feels less like the future of news and more like turning election night into a casino with correspondents.
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@defaultusername@lemmy.dbzer0.com 2026-10-04 06:06
I used to think gambling should be allowed from a sort of social libertarian-ish perspective. Nowadays, I would be in favor of an outright ban in all forms of gambling, betting, or any other name someone wants to give to the same activity, which includes the stock market.
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@obvs@lemmy.world 2026-10-04 06:29
CBS is not a news agency.
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@laurelraven@lemmy.blahaj.zone 2026-10-04 06:31
“Prediction markets” is sure one hell of a marketing spin. It’s gambling. Nothing more, nothing less.
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@inari@piefed.zip 2026-10-04 06:01
The problem is they report betting odds as probabilities that something will happen instead of what they really are: pure guesses
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@GreenShimada@lemmy.world 2026-10-04 06:46
As much as y’all don’t want this to be accurate, sadly, it kind of is. Non-US betting markets in 2016, 2020, and 2024 all correctly called the US presidential election better than Five Thirty Eight or polls or any other formerly reliable method.
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@roserose56@lemmy.zip 2026-10-04 07:14
How this is this technology related? It stocks.
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@Tollana1234567@lemmy.today 2026-10-05 05:29
its ellison, peddling scams is a right wing M.O. and kalshi is chaired by trump’s not so favorite male child.
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@LifeInMultipleChoice@lemmy.world 2026-10-05 06:15
CBS fully embraced and placed an ad today about a political rival that was “forcing kids to get surgery” which is 100% illegal in the state. Truth is a person who was 19 got a surgery in Texas is trying to say a person they don’t know is forcing kids(illegal) to have surgeries in Ohio. The hate is high. The lies are fruitfull… or Ellison would not fund them
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@KulunkelBoom@lemmus.org 2026-10-04 20:14
No they don’t. The exist because the fairness doctrine was done away with by Reagan which means the dirtiest lying sons-of-bitches on the planet can get on “TV” and spew utter bullshit 24/7/365 - and call it “news”. Opinion and newsmongering have obliterated “just the facts”. It’s how you keep the human monkeys riled up.
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@MonkderVierte@lemmy.zip 2026-10-04 10:30
Soo, bets on a gambling system = journalism? Doesn’t compute.
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@PokerChips@programming.dev 2026-10-05 07:17
Cool. So I could bet a hundred million on a candidate, my predictions will show up in cbs reporting (acting like a campaign since it influenced the report), then I spend 50 million on ads supporting my candidate… Profit.