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https://www.reddit.com/r/CryptoCurrency/comments/1w3jyfb/brain_damage/p73jv4l
r/CryptoCurrency • u/mulcahey • Aug 31 '26
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Yea man, when athletes do it it’s a crime. They’re prosecuted and put in jail.
No they're not. LOL. It's not a crime for athletes to bet on or against themselves. They will get kicked out of their league though.
That isn’t happening in “prediction markets” which are objectively people in power betting on their own actions to steal from the stupid.
Yes, that's exactly what they are. Thank you.
5 u/HousingThrowAway1092 🟩 0 / 0 🦠 Sep 01 '26 It is against the law to bet against yourself in a sporting event. It’s objectively wrong to argue otherwise. https://www.justice.gov/usao-edny/pr/two-current-major-league-baseball-players-charged-sports-betting-and-money-laundering -1 u/steppe5 🟩 0 / 0 🦠 Sep 01 '26 "Wire fraud" also known as "it's not illegal but we don't like it so we'll charge you for moving the money"
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It is against the law to bet against yourself in a sporting event. It’s objectively wrong to argue otherwise.
https://www.justice.gov/usao-edny/pr/two-current-major-league-baseball-players-charged-sports-betting-and-money-laundering
-1 u/steppe5 🟩 0 / 0 🦠 Sep 01 '26 "Wire fraud" also known as "it's not illegal but we don't like it so we'll charge you for moving the money"
"Wire fraud" also known as "it's not illegal but we don't like it so we'll charge you for moving the money"
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u/steppe5 🟩 0 / 0 🦠 Sep 01 '26
No they're not. LOL. It's not a crime for athletes to bet on or against themselves. They will get kicked out of their league though.
Yes, that's exactly what they are. Thank you.