Prediction market platform Polymarket issued an apology for allowing users to place bets on the fate of American pilots aboard a U.S. fighter jet downed over Iran.
A two-seater F-15E Strike Eagle was shot down on Friday, according to a U.S. official. One crew member was rescued, but the other remains missing.
In a since-deleted market, users were able to wager on when the pilots might be rescued, with the majority predicting a Saturday rescue.
“US confirms pilots rescued by…?” the market read.
“Prediction market” is so frustrating to hear when it’s apparently pronounced “another legalized grift”
It’s gambling, just as a “prediction market” on the outcome of football games is. Regulate it as such.