Johnny Best said:
You can bet on anything, just go to Vegas, I use Fandual for horse racing.
Las Vegas has been hurting pretty bad lately. I don't have much sympathy since the 'Vegas casino-resorts brought about their hard times mostly via their own doing. They started jacking up the prices on everything. And they got rid of most of the amusement park style attractions people who don't gamble (such as me) would enjoy. Back in the 1990's Luxor had one of the first film-based IMAX 3D theaters. They also had a Showscan motion simulator ride. They got rid of those in the 2000's. The Hilton used to have
The Star Trek Experience. That was pretty incredible. I'd like to visit Sphere. But the ticket prices just to watch a pre-recorded show are ridiculous. Prices at Sphere for live concerts are even more insane. It used to be possible to take a trip to Las Vegas and do so for a bargain. Not anymore. Even the buffets are pricey now.
Meanwhile tribe-operated casinos here in Oklahoma have grown just as big and fancy as any of the ones in 'Vegas. Some of them are even better in certain respects. WinStar in Thackerville is the biggest casino in the United States. I'm sure that casino draws a lot of customers from the Dallas-Fort Worth megapolis.
The prediction markets are basically putting Las Vegas in your pocket. You gamble and don't have to leave the house. That fits in nicely with all these people who want to be shut-ins -y'know: work from home, get your restaurant food delivered to home, get your groceries delivered to home and on and on.
Gambling addiction is a really serious problem. These prediction markets have the potential to make matters worse. The only positive thing I can say about them is they can offer a more honest clue of what people are really thinking about a specific topic. They might say one thing about some topic to be nice or vague, but if they're putting money on the line they're going to bet on how they think things will really turn out.
