Gambling on sensitive matters.

[Stepstowealth]

Which is very bad, and I'm happy the US lawmaker Seth Moulton was able to come out and condemn this act been done on the Polymarket prediction.

Both the person who set up the bets and the people who are willing to bet under it should be really criticize and condemn because it is really very sad and disheartening that people are that insensitive to other peoples situation that they would be willing to make money off of it. It just shows the level of mental decay in the society today.Will there be other bets like this, I think there will, and even people to want to bet on them, it is just how the world is now, we are no longer our brothers keepers.

[danherbias07]

I think this will become a problem in the long run. They don't know who the heck is betting. It could be a politician, a priest, or someone who is in the government.

With the wide variety of bets that could be made through prediction markets, I bet some officials will try to take advantage of it, considering how they know what could happen in the future. We may not like it, but it is a fact that is pretty difficult to avoid.
They must increase security for those who are not allowed to bet or gamble. There are restrictions, and it's best if they follow them now or they will be banned in many countries in just a matter of time.

[Gifte001]

At times i do reason how some gambler behaviours when it comes to betting, they can bet on anything especially those that are addicted to it. When i knew nothing about gambling i thought those films that we watched back then when i was small is just film, seeing people betting on who's gonna kill each other i never know that betting on those guys is something that happened in real life i thought contributing those money for them to kill themselves.

Now i knew that bettors are heartless, as in they don't have humans feelings when it comes to betting as long as they gaining from it they don't care whether die or not and it's really bad, it' mean wishing someone to die like the person as if the person is covering their space so bad and i think they need to stop some kind of live betting yeah is really bad.

[Ryu_Ar1]

Sensitive things are best avoided but in this case we also can't completely blame Polymarket because they are basically just a platform, it's just that there are some things they need to improve so that this kind of incident doesn't happen again in the future.
They are indeed should responsible responsible top p This and improvement of the system so that conditions This not repeated should be a answer because it could be. condition like this repeated moreover at current conditions where times are still precarious. happen especially for geopolitical matters.

On the other hand, this should also be a situation where we should remind each other that even though we are big fans of gambling but that doesn't mean we should ignore our conscience just because of the small profits we get because not everything should be bet on especially when it comes to someone's fate or life.
I am happy with Polymarket because sometimes there is so much profit to be made even from small things but that doesn't mean they should make and include everything that is crowded to be gambled on because this is not very ethical for a sizable platform like them.

[Nwada001]

People just bet on whatever they see without even minding the risk involved and how the persons they are betting on's lives are at stake. Polymarket knows what they are doing, and this is the type of event they just like bringing forth. I don't know how people are comfortable staking other people's lives; it's really disgusting, as the lawmakers have described it.

They are claiming that there was an error, which is why they stopped the bets. But there have been several bets about people's lives. Polymarket had to take action because there was backlash from the US.

They decided to take action because someone important did place a statement on the matter, and this is also not the first time a questionable bet has been found on their market. Their action is just to try to keep a cool head and not get their license revoked; there should be a recheck on what they are allowed to accept as a form of bet and what's not allowed according to the law governing their license.

[Cantsay]

"Their safety is unknown. They could be your neighbor, a friend, or a family member. And people are betting on whether or not they’ll be saved. This is DISGUSTING.”

This is the comment of US lawmaker Seth Moulton about Polymarket's prediction about the fate of the US airman who is missing after bailing out of his fighter jet over Iran.

Polymarket took immediate action by cancelling the bets claiming that it violated its integrity standards. The company also said it is investigating how these bets passed through its internal safeguards.

I think these prediction platforms should avoid offering bets on issues that cause pain or destruction. There is no need to use people's misfortune for gain.

I made a post expressing my disgust for the platform and how it allows things like this, and then I got attacked by a user who said I shouldn't make it look bad for others if I don't like it.

Things like this are constantly being approved, so that statement about investigating how the bet passed their safeguards is simply a move from them to avoid being sued, and not really because they meant it, because there are bets like that on a stead so if there was no comment from the US lawmaker, they wouldn't have even done anything about it.

[STT]

CFTC has made it clear betting on someone's death is actually prohibited.

Seems a good rule considering what some might do to win the high stakes bet.   Theres a few bets similarly where you would effectively be putting a ransom on the objective being made true, again has to be illegal to bet on illegal things occurring surely.   Even the Guiness book of records bans the record of certain events for safety reasons, you dont encourage the most dangerous outcomes as a reasonable participation even purely as an observer.

[Hispo]

Betting of those kind of markets is nothing new. It has been controversial and available way before the invention of Blockchain and services like Polymarket.
People will continue to bet on this sensitive topics even if Polymarket is not available for them to do so.

Actually, it reminds me the cases of hospitals in which staff bet on the survival of certain patients u der their care.

So again, this is not something new.

[Filicius]

Betting of those kind of markets is nothing new. It has been controversial and available way before the invention of Blockchain and services like Polymarket.
People will continue to bet on this sensitive topics even if Polymarket is not available for them to do so.

Actually, it reminds me the cases of hospitals in which staff bet on the survival of certain patients u der their care.

So again, this is not something new.

The problem, I think, is that these new prediction markets are so big -or have the potential to become so big- that they can become crucial for enabling manipulation in decisive events for the humankind.

Staff on hospitals betting on the survival of certain patients is immoral and dangerous, because doctors could kill the patient to get the money. Now think that it is not one life that is at stake, but that of millions of people, thanks to these markets.

[suzanne5223]

Honestly, the provision gambling activities about the war and the lives of people is one of the reasons why I currently don't want to participate in the use of predictions market platform. Besides, I believe it's one of the reason why some countries ban the operation of Polymarket on their soil if the platform won't comply to their rules and regulations.
But I honestly think Polymarket and other predictions market platform that indulge in the provision of gambling service about something that have to do with the lives of people need to make some amendments to their services.

[Ronsbit]

That’s disgusting indeed. But really, that’s just another clear indication that some people, especially the casinos and prediction site owners don’t give a damn about others but their own pockets, as long as they’re making profits from it, then it’s completely okay. I’m guessing the reason they took down that bet and claimed being ignorant of how it got there was because a Judge frowned at it and so they took immediate actions to avoid sanction.

That is the thing most bettors are yet to know that all these prediction sites do not give a damn about them, what they are after is their pocket and nothing, and this mess about. Such an act from them could be contested in court for negligence, and that would never sit well with them because they likely are really going beyond their schedules to get more profit.'

[bhadz]

I think these prediction platforms should avoid offering bets on issues that cause pain or destruction. There is no need to use people's misfortune for gain.

It should be a red flag when there are bets like that. And for bettors, we need to be compassionate and considerate. Despite that we're gamblers, we know what's right and wrong still. Because others think that it's just fine to put a bet on these misfortunes even if they're not. There should be 0% tolerance on these kinds of events for betting on others lives who are at stake or whatever situation they're facing.

[Asuspawer09]

Completely against it.

I mean we understand that they could really make a whole lot of things since they are betting on everything now a days, there were just no limit to what they could think of and make a bet on it as long as there was somekind of possibility of going to other way, there will always be some winners and losers on the bets then it is possible to start a bet on it.

We do understand how the bets work, but there should always be a line on it. When it comes to this sensitive matter, it shouldn't be a question already it should not be allowed. It just reminds me of the things in movies where we see a lot of rich guys who gamble on people's lives. Do you remember Squid Game? I mean, is the gambling industry going in that direction? I mean it was just scary thinking about it, if this industry is going in that direction.

As long as the platform agrees that it is a problem, I think that's good, they might not put a lot of attention to it, but at least it has been stopped already, and they know they are wrong.

[danadc]

In every country there are many mafias and almost all of their members are involved in this kind of thing, which is quite unpleasant, with truly black hearts, which is quite unpleasant and in some cases quite inhuman. That's what exists in the world now; just because it's not something that comes to light much doesn't mean it doesn't exist. There are much worse things that do exist, and they are involved in them.

[Accardo]

It should be a red flag when there are bets like that. And for bettors, we need to be compassionate and considerate. Despite that we're gamblers, we know what's right and wrong still. Because others think that it's just fine to put a bet on these misfortunes even if they're not. There should be 0% tolerance on these kinds of events for betting on others lives who are at stake or whatever situation they're facing.

Polymarket went too far on that, the issue with these prediction market is that they're quick to make profits out of intensifying activities, and this wasn't what should be used for a thing like that, they've gone past their limit and would be sanctioned for trying to make profits out of people's grief. It's becoming something else how these people don't think anymore before they act.

[Mandoy]

It should be a red flag when there are bets like that. And for bettors, we need to be compassionate and considerate. Despite that we're gamblers, we know what's right and wrong still. Because others think that it's just fine to put a bet on these misfortunes even if they're not. There should be 0% tolerance on these kinds of events for betting on others lives who are at stake or whatever situation they're facing.

Polymarket went too far on that, the issue with these prediction market is that they're quick to make profits out of intensifying activities, and this wasn't what should be used for a thing like that, they've gone past their limit and would be sanctioned for trying to make profits out of people's grief. It's becoming something else how these people don't think anymore before they act.

I also concur that betting in tragic and sensitive matters is obvious to have crossed the border on ethics. Gambling must be entertainment, and not a means to make a fortune out of the misery of people or real life tragedies. When bets are made on matters that involve danger or loss it dehumanizes serious human experiences into figures. This is our fault as bettors and we should not enter such markets. Platforms must also become more strict in this regard. Otherwise, it can easily destroy not only the integrity of gambling itself but also the sense of empathy with other people.

[Dave1]

It should be a red flag when there are bets like that. And for bettors, we need to be compassionate and considerate. Despite that we're gamblers, we know what's right and wrong still. Because others think that it's just fine to put a bet on these misfortunes even if they're not. There should be 0% tolerance on these kinds of events for betting on others lives who are at stake or whatever situation they're facing.

Polymarket went too far on that, the issue with these prediction market is that they're quick to make profits out of intensifying activities, and this wasn't what should be used for a thing like that, they've gone past their limit and would be sanctioned for trying to make profits out of people's grief. It's becoming something else how these people don't think anymore before they act.

For sure, when lives are in the line, it's no good to have it in market and for others to bet and make money out of it. Remember that karma is a bitch, and maybe that person that open that up will end up in the same position.

So for me, I'm not going to bet on that kind of listing. Actually, I don't, as most of us here are sports bettors so we don't like this kind of listing in Polymarket. At least that's for me as I haven't bet on them on anything.

[ZeroVinsonN]

One thing I fear about prediction markets is this kind of betting. I hate people who profit from someone's misfortune, it's unethical.
Polymarket should act more quickly to moderate this kind of betting, not allowing it to go unchecked and only removing it after public outcry.

If people turn a blind eye to things like this then things like this will just keep happening, we need to understand that certain things are just off limits, no one would be happy if that soldier was their family member, but once it has nothing to do with them they start seeing an opportunity to make money, some of them are not even doing it to make money, the just like the kick the get from gambling with someone else's like, vile creatures calling themselves Human.

[Fiatless]

Honestly, the provision gambling activities about the war and the lives of people is one of the reasons why I currently don't want to participate in the use of predictions market platform. Besides, I believe it's one of the reason why some countries ban the operation of Polymarket on their soil if the platform won't comply to their rules and regulations.
But I honestly think Polymarket and other predictions market platform that indulge in the provision of gambling service about something that have to do with the lives of people need to make some amendments to their services.

You are correct. Allowing all kinds of predictions on its platform might be one of the major reasons why Polymarket has been restricted in different countries. Some of these countries believe that Polymarket should be closely regulated because it offers bets that could potentially cause unrest. The predictions about when Jesus would return could lead to a religious crisis among fanatics. Some sensitive matters should not be used for gambling in established platforms.

[michellee]

Hopefully, polymarket will strict and not passed bet like that and that bet will not exist in the future. It is needs to check all including their system knowing that can be human errors or other things.

But we don't know who has made the bet and showing in their site. Maybe it needs more team to check all of the bet and only pass the bet that make sense.

We know gamblers can bet on many things and easily to find interesting things and placing their bet.