What We Lose When We Bet on War - podcast episode cover

What We Lose When We Bet on War

Mar 23, 202644 minEp. 227
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Episode description

Life or death decisions are being gamified for profit on online prediction markets like Kalshi and Polymarket. But these platforms may also have the potential to create a modernized—if morally questionable—method of opinion polling. Politico Magazine contributing writer Nancy Scola joins Offline to explain the rise of these markets, the argument for them, and the people in D.C. who stand to gain the most. But first! Senator Chris Murphy stops by the show to break down the brand new BETS OFF Act, which bans wagering on government actions, terrorism, war, assassination, and events where an individual knows or controls the outcome. He and Jon discuss the bill's prospects for passing, and discuss what happens to us spiritually when every moral question becomes a market.
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