"Horekunden expressed frustration with the Institute for the Study of War, describing their frontline maps as incoherent and unhelpful for settling bets on Polymarket."
"Thousands of people are discussing how to profit from war, with significant amounts wagered on various geopolitical events, including the potential capture of Kostyantynivka."
"Critics have labeled the betting on war outcomes as immoral, prompting calls from US senators for regulation of platforms like Polymarket."
"Polymarket users are actively debating potential future events, with some expressing concerns about the implications of their bets on global conflicts."
Gamblers are increasingly using online prediction markets to bet on geopolitical events, particularly the war in Ukraine. The Institute for the Study of War's maps are criticized for being unclear, impacting bets on the fate of cities like Kostyantynivka. With over $500,000 staked on whether Russia will capture the city, users engage in discussions on platforms like Discord. Critics label this practice as immoral, while Polymarket positions itself as a reliable source of information amidst the chaos of war.
Read at www.theguardian.com
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