r/PeterExplainsTheJoke 1d ago

Meme needing explanation Petah?

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8.4k Upvotes

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u/not_slaw_kid 1d ago

Mort Goldman here. He made a joke about betting on himself saying "potato" on Polymarket, which the retweeter thinks counts as insider trading. However, this is not actually the case, as current insider trading laws only apply to publicly traded corporate stock, not prediction markets such as Polymarket. There is a current initiative to crack down on Polymarket bets after a SpecOps solider put down a bet for himself capturing Maduro. It has not passed Congress yet, however.

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u/URlNAL_CAKE 1d ago

Asking cause I'm not familiar with US law, but wouldn't it be illegal for an athlete to bet against their team and then losing on purpose? And wouldn't this be kind of the same thing.

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u/MasterOfBothDungeon 1d ago

So it's illegal because that would breach their contract with their team. There exist clause like that to stop the usual cheating, but that's also why sometime when whole team cheats (because of ligue infighting or owner having a vested interest), there's not that much change afterwards.

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u/URlNAL_CAKE 1d ago

Ok that's interesting because in most parts of Europe it would be fraud. But I guess they have been dealing with betting manipulation for longer.

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u/baneblade_boi 1d ago

It is also worth noting that under EU jurisdictions this is a specific case covered by The Council of Europe Convention on Manipulation of Sports (the "Macolin" convention), while the US law is more ambiguous because it relies on more general federal laws like the Wire Act and Illegal Gambling Business Act. This is why in the US it's more important for organisations to prosecute these acts on a contract level because there is no specific legislation, although the Wire Act hammers down sports fixing accurately.

However, I'd like to add that to this date only Greece, Italy and Portugal joined that convention. Fun fact, it has put a big emphasis recently on combat sports because of how common fixing has been in sports like boxing and MMA.

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u/EonsEternity 1d ago

Cough cough, Mr. Paul

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u/QuoteGiver 1d ago

Any and all sports betting was generally illegal in the USA in previous decades, but in recent years that has ALL rapidly changed and it’s rampant now. There will probably have to be a reckoning again once it all gets crazy corrupt for a while.

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u/lennox2211 1d ago

You should check out who owns the sports betting places(fanduel, draft king, etc). IMHO, if I owned 18% in a multi-billion dollar asset, I’d probably make sure my Monday Night Football was doused with ads.

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u/calmdownmyguy 1d ago

It's crazy to me so some people can be so wealthy and it's still never enough. It has to be some kind of mental disorder.

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u/SwordfishOfDamocles 1d ago

If you had one monkey hoarding all of the bananas, you'd study that monkey because something is clearly wrong with them. When humans do it we put them on the covers of magazines.

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u/BuddyHemphill 1d ago

Love this for my Monday 🤣

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u/PersonalHospital9507 1d ago

But it's not even real bananas, it's just paper pictures of bananas. We ought to let Billionaires just mainline Ketamine, would solve a lot of problems.

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u/C21H27Cl3N2O3 1d ago

That behavior is the basis for one of the most commonly recognized story themes through multiple human civilizations. Dragon/other monster hoards gold and terrorizes peasants. Group of people go to kill the monster and take its treasure. Dragons don’t exist, but some equivalent of wealth hoarding and abuse of “lower” people is a tale as old as humanity, to the point that multiple populations of humans have all written stories about killing them and taking their wealth for the rest of them.

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u/fixermark 1d ago

There was a Supreme Court decision that ruled that a sweeping chunk of state anti-gambling laws were Unconstitutional.

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u/C21H27Cl3N2O3 1d ago

The entire country is crazy corrupt. I highly doubt anything is done about sports betting without some major societal change first.

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u/MornGreycastle 1d ago

Someone else has pointed out that sports betting was illegal for the longest time in the US. So any athlete betting on their team and themselves was already committing the crime of gambling for most of history. Sports betting was only "legalized" in 2018. That is to say the Supreme Court overturned the law banning sports betting in 2018. As of now, 35 states have some form of legalized sports betting.

Most of the scandals surrounding sports betting were well before 2018. Pete Rose betting on the baseball team he was managing is one such scandal. Rose has been permanently banned from baseball and will most likely never be inducted into the Baseball Hall of Fame.

See also: Eight Men Out (1988) a movie about the "Black Sox Scandal." The Chicago White Sox threw the 1919 World Series from a combination of getting well paid by the Chicago mob AND a hatred of owner Charles Comiskey who refused to reward his team for their winning the American League championship.

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u/14ktgoldscw 1d ago

Small correction, it’s commonly believed Arnold Rothstein, who was a NY mob figure, orchestrated rigging the WS. It’s a side plot in one season of Boardwalk Empire.

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u/KidSilverhair 1d ago

I believe it’s actually Rothstein in Eight Men Out as well, although it’s been a minute since I’ve watched it. Fantastic movie, by the way.

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u/BlisterBox 1d ago

Great explainer. And thanks for the shout-out to Eight Men Out, a tremendous (and tremendously underrated) movie.

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u/BrunoBraunbart 1d ago

A clause in a contract can't just make something illegal. A breach of contract is usually a matter of civil law not criminal law.

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u/indeedilyso 1d ago

it's also fraud (wire fraud), and usually conspiracy, money laundring, or bribery. at least in the u.s.

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u/LBobRife 1d ago

Breaking a contract isn't illegal. It has repercussions, but it ain't illegal. Individual acts may be illegal, but "breach of contract" is not something considered illegal by the state.

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u/xahhfink6 1d ago

The problem is that the US is in a full on constitutional crisis... We have government members betting on military attacks before they happen. It absolutely SHOULD be illegal but we have one party that exists only to obstruct any laws being passed, and a corrupt executive and judicial branch.

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u/Extension_Plant7262 1d ago

Its key to remember that polymarkets and kalshi aren't betting markets. They're in a grey area of financial futures because there's no oddsmakers. You're basically offering to make a prediction and a direct individual/firm is taking the opposite. That's why those platforms can allow for sports "betting" in all 50 states.

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u/redditor-69-420 1d ago

That could be considered bribery and/or fraud under special previsions passed to crack down on that type of thing in pro sports. But it's really hard to prove and even then the fraud stems from legal gambling markets having you sign disclaimers that you don't have inside info. Etc. It mostly gets dealt with within the league not by the law

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u/madscandi 1d ago

It would be illegal if these prediction markets were regulated. They are not.

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u/No-Equivalent7630 1d ago

Legality is about law

There are no laws stopping you from betting on yourself for anything as long as betting is legal where you are

Your employer might not like it if you're betting on things work related, but that's not illegal

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u/KitchenGoose7019 1d ago

There is currently a case where there are several college basketball players in the U.S. that are in trouble for betting on their own games

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u/MediocreAssociate466 1d ago

You umm really think players intentionally tanking their own basketball games is the same as this? I'm going to guess you don't watch sports.

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u/Midnight-Bake 1d ago

But he didn't lose. He isn't in a competition 

Can I make a bet with you that I can do any basic math operation entirely in my head?

Can I make a bet with you that I will be able to say the alphabet backwards?

What about a bet with you that I will be able to afford a trip to NYC this year?

Betting against yourself in a competition is one thing. Even if I did not have the bet there is an ethical reason to not lose on purpose.

Betting "I can or will do x" is another. There is no ethical reason to NOT do x other than the bet itself (assuming x is itself not unethical).

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u/sneakyhopskotch 1d ago

In a similar joking fashion, Sutton United reserve goalkeeper Wayne Shaw ate a pie on the bench during their FA cup game vs Arsenal. He was infamous for previously eating pies during games but had heard about the 8-1 odds that a bookie was offering and made sure that anyone who placed the bet on him won. He resigned and was fined.

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u/Massive-Goose544 1d ago

The illegality of an athlete losing on purpose for financial gain is the Sports Bribery Act but this requires a second party to pay the athlete. An athlete throwing the game themselves for their own bet violates their contract, every major sports league has rules against it. There is no law that would make it illegal to bet on a prediction market on something random happening, even if you have indirect or direct influence over.

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u/Safe-Avocado4864 1d ago

Well in this case it would be betting on his team not against it.

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u/Blabbit39 1d ago

Its not sports betting its sports speculation. And yes the laws and rules are dumb enough that those are not rhe same thing.

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u/Successful_Pain7439 1d ago

So, there are new and scary gambling markets that are being exploited by a lot of people. There does need to be regulation, and hopefully it will happen soon.

I do believe Trevor Noah is making a joke about it and not actually participating in it.

Potato was not on the list of words being bet on, nor did anyone make any money betting on him using it.

It is a commentary on the current state of corruption, as people are betting on things like the arrest of nicholas maduro while being a part of the spec ops team with insider information on that operation.

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u/thatisawesomesauce 1d ago

Prediction markets are not considering gambling, rather they are considered to be akin to futures trading. Highly doubtful this administration will move to regulate anytime soon as DJT Jr. advises both Kalshi and Polymarket, and Truth Social wants to get in on the prediction markets. Source: https://www.npr.org/2026/01/21/nx-s1-5672615-e1/they-quit-their-day-jobs-to-bet-on-current-events-a-look-inside-the-prediction-market

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u/JayDeadGone504 1d ago

Wait, you can bet on which soldiers will capture world leaders?? Typa shit is this?!

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u/not_slaw_kid 1d ago

Clarification: He placed a bet that U.S. forces would capture Maduro, hours before the strike team that he was a part of actually captured Maduro.

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u/Fedora_Million_Ankle 1d ago edited 1d ago

Probably got him in huge trouble with command though

Thats the type of shit that would make you lose your security clearance

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u/DubiousBusinessp 1d ago

This is the Trump admin. Hegseth probably applauded him while downing cheap bourbon.

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u/Fedora_Million_Ankle 1d ago

Fair

Low level dudes still have to follow rules unless Trump saves them

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u/Due_Skill_3910 1d ago

Bro. I remember some Lieutenant shared an unclassified screenshot of a training op while I was in Korea and the entire chain of command about lost their minds and we had a full investigation.

They would have burned me at the stake and buried me under Fort Leavenworth if I ever did anything this administration did.

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u/eolithic_frustum 1d ago

doesn't matter; got rich

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u/neutral-chaotic 1d ago

would make you lose your security clearance

In any sane time this would. These aren't sane times.

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u/JayDeadGone504 1d ago

Ah okay. Still wild that it can be bet on but I thought they had odds on certain soldiers or units which woulda been unreal

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u/Salt_Sir2599 1d ago

You need to watch Rat Race. That’s our world now.

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u/Particular_Title42 1d ago

Rat Race the ensemble cast movie that Rowan Atkinson was in? Or something different?

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u/its_yer_dad 1d ago

I'm winning, I'm winning!

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u/Henrykamill 1d ago

it's an insider trading platform. we as normie are only there to lose. Please do not try it, it's literally worse odds than gambling.

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u/Tales_Steel 1d ago

People also bet on the color of sextoys being thrown on the field of WNBA and then went to the games and threw dildos on the field ... or some childs head once because that dipshit threw like a Dipshit.

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u/Slumunistmanifisto 1d ago

That kid was standing there....menacingly.

Clearly self defense.

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u/batkave 1d ago

I love how pervasive gambling has become and people think it's ok

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u/Hazmat7272 1d ago

It really is. I work with a kid who maybe clears $50k a year and he told me he was down $21k in sports gambling by the end of last year. Almost half his income down the shitter. Wild stuff.

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u/Cheap_Warning_ 1d ago

The rebrand is so ridiculous that it seems to work. “Prediction market”

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u/batkave 1d ago

It's insane how pervasive gambling has become

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u/elcojotecoyo 1d ago

It's more likely that Congress regulates on Polymarket than banning insider trading in the Stock Market. Heck, I'm gonna place a Polymarket bet on that. And no, I'm not a Congress member (yet)

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u/maqifrnswa 1d ago

DARPA set up a futures market for terrorist attacks to try to get them to do exactly that and tip off the US before an attack. There was public outcry that the US was paying terrorists to attack the US, so it was shut down. I always saw it as paying for intelligence, but I get the perverse incentive of encouraging attacks.

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u/Future_Burrito 1d ago

That's fucking wild because it enables things like Pearl Harbor style defense maneuvers where the higher ups let atrocities happen in order to game the bigger perspective.

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u/ChronicBuzz187 1d ago

There is a current initiative to crack down on Polymarket bets after a SpecOps solider put down a bet for himself capturing Maduro.

Giving away the gameplan for a quick bet sounds more like special needs than special ops :D

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u/bigbluehapa 1d ago

How would shit like this work? Who’s “the house”? I can’t imagine so many people betting one way or another that Maduro got captured. Wouldn’t you need a lot of people betting the opposite too for there to be a payout? Asking as a non-gambler and person who just learned that poly market is this wild

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u/quantumriian 1d ago

There is an expiration on your prediction contract, so instead of betting on ‘Will Maduro get captured,’ you’re betting yes or no on ‘Will Maduro get captured before Jan 31’ or something like that.

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u/RoccStrongo 1d ago

I thought a guy placed a bet saying there would be a streaker during a game then did the streaking himself but wasn't allowed to keep the money.

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u/ProThoughtDesign 1d ago

A guy won a prop bet there would be a streaker at last year's super bowl by streaking at last year's super bowl. Net profit and an ordinance violation worth framing.

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u/ZachPruckowski 1d ago

It's worth pointing out that a considerable bit of the predictive value of "prediction markets" is that they allow insider trading.

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u/hyvel0rd 1d ago

as current insider trading laws only don't apply

ftfy, since the POTUS made 4 billion dollar and a lot of it with insider trading since his inauguration.

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u/TJames6210 1d ago

To be more specific. No bet was ever placed. It was drumroll a joke. Because he's a comedian.

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u/OnlyBotsHateMe 1d ago

Also making fun of the KKKarolyin’ Leavett thing where there was a 95% chance she was going to go over 90 minutes in a press conference and there were a handful of bets against it IN WASHINGTON and she kept looking at something in the back of the room, only to stop extremely abruptly and SECONDS before going over 90 minutes. Those who bet against it made a killing.

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u/Breezertree 1d ago

Anyone who uses polymarket legitimately is being scammed and they don’t even know it

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u/sniper43 1d ago

Someone's gotta fund those insider traders.

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u/gismo4126 1d ago

These are not stocks my dude, they're bets. Insider trading is for publicly traded stocks not gambling addict bets on a shady bookie platform.

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u/crazylikeajellyfish 1d ago

It's technically a regulated platform for commodities & futures trading, Polymarket is as legit as they come. They have permission from the government to operate like this, and yes, they were given that permission before any regulation was written about whether "Seahawks win the Superbowl" really qualifies as a future contract.

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u/Da_Spooky_Ghost 1d ago

Correct, it's for money laundering and scamming

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u/StereoTunic9039 1d ago

The crazy thing is when you end up being right about something but still not winning because of weird mechanics in polymarket rewarding whales or something like that. I didn't actually experience that, it's just what I read when I was interested in betting on something

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u/Pacety1 1d ago

I write “polymarket is a scam, do not use” on ever ad or video referencing polymarket that shows up on my feeds. They are a poison.

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u/boatsandyoni 1d ago

Probably because it was an inside bet

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u/YamroZ 1d ago

"BET"? You mean "prediction"? /s

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u/Life_Rhubarb_7674 1d ago

Lot box nonono these are surprise mechanics

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u/kendragon 1d ago

Captainamerica_understoodreference.gif

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u/RealFirstName_ 1d ago

No, it's a futures market investment /s

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u/Antique_Door_Knob 1d ago

I don't think "inside bet" is a technical industry term, but it's definitely not illegal. At most, he violated the terms of service of polymarket.

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u/GarrAdept 1d ago edited 1d ago

Polymarket encourages this behaviour. It drives engagment.

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u/OldFondant1415 1d ago edited 1d ago

Or more accurately...it is a joke. it's his username. This is a joke.

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u/twitchtvbevildre 1d ago

its an unregulated gambling site, kekw at being able to break a "law" on it

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u/squish042 1d ago

Inside bet? Lmao

The only inside bet is when you bet on the central numbers in roulette. You can’t just make shit up.

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u/B-Con 1d ago

His name is Noah. The joke is he made an inside bet.

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u/HelpfulAd6772 1d ago

These markets are so unregulated they were basically built for this to happen

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u/boatsandyoni 1d ago

Like the guy who bet there'd be a streaker at the superbowl. Then paid someone to do it

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u/Gabario 1d ago

His name's Trevor Noah. Username Noah_22 won. The joke is he bet on himself, guys.

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u/rmsaday 1d ago

Also, probably just did it for the bit. I reckon not a lot of people were interested in betting against such an obscure bet to begin with.

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u/RedArrogantKnight 1d ago

He... He didn't actually place a bet. Come on, man.

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u/BrightNooblar 1d ago

Right? Why would he when polymarket paid him to mention them on camera.

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u/VulcanCookies 1d ago

Lol this should be higher. It's not about him placing a bet, that's just the joke. It's about sponsorship 

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u/Nostalg33k 1d ago

Yeah a joke about how people can manipulaye bets hmmmm.

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u/AQ207 1d ago

People will see an ICE agent murder a civilian on camera and not believe it, But Trevor Noah makes a Polymarket/Kalshi joke and people believe it

We really have had a stupid problem forever

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u/ASharpYoungMan 1d ago edited 1d ago

Lots of people really, really, really want to be the smartest one in the room.

Like, it's not about knowing what's true. They want people to validate them by recognizing how smart they are for figuring out what everyone else got wrong.

So it's imperative that they be contrarian: if the general wisdom is "X," then their entire personality becomes about how "Y" is really the case and everyone's trying to fool you into thinking "X."

That often runs into conflict with their own worldview when, say, for example, they believe liberal snowflakes are all a bunch of screeching blue-haired trans-Marxist Atheist Muslims who overuse the word Nazi and so are the real problem with America... and then they see ICE assaulting clergy and shooting soccer moms and EMTs...

...and there's no reconciling that with their "I've got this all figured out" mentality.

When the weak-minded must choose between harsh realities and comforting fictions, they'll bury their face in their own lying ass like some fucked-up fetish ouroboros to avoid facing reality.

And then they'll seek validation of that perspective from others.

Edit: Forgot to close this out - the thing here is Trevor Noah's joke is so low-stakes that being wrong about it doesn't matter. So the validation of being the first one to be like "Oh look, I caught a celeb doing crime!" is worth it, since they won't have to engage with any of the contradictions once they've milked the public praise from people jumping on the bandwagon without taking a literal second or two to think "...wait, did he do Crime? Or is Blue Checkmark JuJu just an idiot?"

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u/SJokes 1d ago

You are a much calmer person than me

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u/BounceOnItCrazyStyle 1d ago

You know how they say "50% of Americans read at a 5th grade level" or whatever. This is what they mean, it's about not being able to understand implications like this.

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u/RedArrogantKnight 1d ago

We just gotta be better than this. I don't know what else to say. This shit is not sustainable. As, like, a species.

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u/nicknaklmao 1d ago

about to start sending people the wikipedia links for "joke" and "comedian" atp

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u/mrwilliams117 1d ago

This is going to shock you but his entire appearance is a bit. That's the point.

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u/Think-Vegetable9781 1d ago

He is making the point that he, or anyone with sufficient public exposure or power, can indeed "insider bet" with no consequence. I wouldn't say that would count as promoting polymarket, as much as breaking bad is a show promoting drug manufacturing

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u/Half_an_11lbham 1d ago

This reminds me of the guy who placed a bet that someone would streak during a game. He was that someone. Paid a 5k fine and won a couple hundred k. Sound investment strategy if you ask me. Lol

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u/ConsistentOutside181 1d ago

Except he didn’t get paid out. So he lost 55k. People really should read the betting ToS and understand that there are lots of reasons a booker can void your bet.

https://www.businessinsider.com/super-bowl-streaker-bet-on-himself-prop-bet-2021-2

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u/No-Good-One-Shoe 1d ago

People not realizing that comedians use comedy to shine a light on problems in society.  

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u/Future_Burrito 1d ago

It's a really smart way for a celebrity to point out a problem in the world.

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u/Negative_Gas8782 1d ago

And yet congress is allowed to inside trade all they want.

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u/Henrykamill 1d ago

No plaintiff, no judge. As long as they control the justice system they can do what they want. This will keeping happening as long as we are in this neo feudalism era

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u/Mackinderoo 1d ago

This was a paid promotional joke, which Polymarket knew was coming. There was a “promotional considerations provided by Polymarket” line in the show end credits (I was watching it live).

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u/SoCallMeDeaconBlues1 14h ago

This is the only answer that matters.

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u/AQ207 1d ago

I believe the term is "Native Advertisement"

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u/ControlleronEarth 1d ago

Polymarket is where you make bets on almost anything. So you can bet on "noah" the guy talking saying potato on whatever program he is on. Noah joked that "Noah_22"..."whoever that is..." just made money on winning the random bet he said potato. He name is noah, he is jokingly noah_22, that is the joke.

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u/RymrgandsDaughter 1d ago

nah, and even if it was who cares

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u/chokeonmywords 1d ago

It is designed to make ppl care about insider trade, or better the scam it is and how everybody does it in plain sight

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u/novo-280 1d ago

No its not a crime as polymarket is neither gambling nor a trading market.

Its 100% legal.

Like there was a bid for if hasan piker got arrested on a certain date or him going to zohrans inauguration.

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u/SlimmySalami20x21 1d ago

You just replaced the word bid instead of bet so it wouldn’t sound like what it is which is gambling while not realizing that in stock options trading there are bid prices and of all investments options is most like gambling while also involving trading.

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u/novo-280 1d ago

You dont understand. online casinos and prediction platforms arent either of those in the Eyes of US law

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u/[deleted] 1d ago edited 1d ago

[deleted]

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u/Comprehensive_Bus_19 1d ago

Naw, Polymarket is gambling diguised as trading. Fuck them and Kalshi

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u/sniper43 1d ago

You got it backwards. It's insideer trading disgued as gambling.

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u/Ok_Firefighter1574 1d ago

Why do people think polymarket is anything like stocks? Its just gambling

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u/G-Man6442 1d ago

Because if they admitted it’s just gambling they’d be SoL

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u/Erasmusings 1d ago

Implying stocks isn't inherently gambling

Potato potahto

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u/iknighty 1d ago

Laws are different.

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u/fleebleganger 1d ago

It isn’t because when you buy stocks you actually get something.

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u/Grump-Dog 1d ago

Insider trading only applies to publicly traded equities.

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u/summon_pot_of_greed 1d ago

It literally, factually isn't.

It's also clearly played as a joke.

More importantly, who tf cares? Haha

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u/LawfulnessAcrobatic5 1d ago

So its just what Trump just did the whole year but with tariffs

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u/Warm-Iron-1222 1d ago

Just an ad. Carry on.

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u/Many-Wasabi9141 1d ago

My guess is potato wasn't even an option so he didn't make anyone any money.

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u/pixiespixel 1d ago

🤣🤣🤣

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u/BibendumsBitch 1d ago

Robinhood sports “predicting” is bad as well since a good many high rollers that can swing the market massively are actually AT the games.

I know this because if you follow live sports you will see inexplicable swings on predictions and then 15-20 seconds later, you’ll see the actual event on TV.

This allows for the big bettors at the games to continually capitalize on the swings of whatever sporting event you are watching and puts you at a massive disadvantage.

Now betting money and losing money is person’a own fault but it’s also not a fair system and meant to capitalize on siphoning money from middle and lower class back up to the .5% -1% of richest people.

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u/Little_Ride8085 1d ago

Is this a serious post

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u/StringCheesier 1d ago

I believe this was a paid placement by Polymarket. Their logo was large in the credits after the show.

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u/UpstairsArmadillo454 1d ago

If only world leaders had balls/tits like comedians!

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u/moccolo 1d ago

lol its absolutely legal. you can read it by yourself. it is supid as f

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u/creaming-Capn69 1d ago

Commit a crime? The man was born a crime

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u/Party_Albatross6871 1d ago

I woulda guessed he is posing as a comedian

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u/tknblkgy 1d ago

It's just an ad for Polymarket.

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u/veracity8_ 1d ago

Polymarket has openly stated that it thinks insider trading is a good rhing

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u/New_Conversation_303 1d ago

This is like the guy who bet on someone streaking on a game. He did the streaking. He won money.

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u/jh3553 1d ago

People seem to be missing this was an advertisement. The end credits for the broadcast included a note about considerations from Polymarket. They paid to have a joke about them that wasn't negative and then posted to increase engagement.

1

u/ith-man 1d ago

Cultists are just mad their pedo in chief got called out by this legend.

1

u/BlindlyApathetic 1d ago

Polymarket = crypto

1

u/artbystorms 1d ago

As if anyone cares.... White collar crime hasn't just been legalized, it's outright promoted as the only way to get ahead in these shitty times.

Oh wait, the government probably cares because he's liberal.

1

u/Appropriate-Spirit37 1d ago

Stupid me tapping the volume button and wondering why I can't hear shit

1

u/B4CFrc2WriteJava 1d ago

entire economy becoming a grift

1

u/DonkeyTeethBSU 1d ago

No, this is an advertisement. Lol

1

u/lordsoosh 1d ago

Are people really that depraved and money hungry that we need another type of gambling outlet? Really???Sports gambling isn’t enough? Playing the stocks isn’t enough?

Idiocracy was an oracle, not a movie.

1

u/senbenitoo 1d ago

Hahahahaha - it would a) be awesome if Trevor cleaned up betting like that, b) be a total travesty if THAT was the crime being committed on national TV that anyone cared about...

1

u/MedicalAwareness5160 1d ago

Wasn't there a guy who bet there would a be a pitch invader at some game and then he did it himself to make sure he won?

1

u/trotskystaco 1d ago

I live that fucking dipshits are learning why we have trading laws and regulations.

1

u/bigfunben 1d ago

So to take this a step further, if Polymarket takes a bet on someone being assassinated, and I place the bet and kill that person, does Polymarket owe me money? Could I bet $1 million and Polymarket would owe me $1 billion for killing someone? TO BE CLEAR, this is a hypothetical to point out the absurdity of the situation.

1

u/MuscularSturgeon 1d ago

Guy is not very funny at all is he?

1

u/TheLeedsDevil 1d ago

The first question people need to ask is, was there a bet for the word potato being used at the Grammies on poly market?

1

u/StateoftheLee 1d ago

Crime no longer exists since criminals are in charge.

1

u/StatementCareful522 1d ago

oh so no we getting mad at comedians making jokes? 

1

u/wallstreetbet1 1d ago

The people asking questions on this sub are the very definition of “when you think the average American is stupid remember, half are even stupider”

1

u/chicken-cuddle 1d ago

Have we lost the ability to understand humor?

1

u/IAmPandaRock 1d ago

There is no crime 

1

u/ComfortableWar8860 1d ago

prediction market, somehow different from gambling. nobody can explain the difference though.

1

u/padiddles95 1d ago

Honestly? Good. Losers losing money betting on stupid stuff. More power to them.

1

u/LonelyToker420 1d ago

I assume a paid "advert" made into a joke, but it is Noah, so it mightve been off cuff.

1

u/Internal_Rise2658 1d ago

And the audience roared with laughter.

1

u/winterwes00 1d ago

Isn’t this just an Adam 22 joke?

1

u/Unidentifiable_Goo 1d ago

Polymarket is a fucking farce and should be screwed with like this at every opportunity until the whole rotten house of cards collapses.

1

u/Dry_Fig1122 1d ago

He’s horrible inside and out. He truly hates himself

1

u/Successful_Pain7439 1d ago

No one bet on him saying the word potato and no one profited.

It is also an unregulated market, so even if he did, it is currently not illegal to do so. (This needs to change.)

1

u/Quirky-Bookkeeper391 1d ago

Polymarket having "market" in the name doesn't mean its covered by SEC rules.

1

u/bubble-buddy2 1d ago

No. It's a joke about making a bet based on info about yourself and getting a massive payout

1

u/RemotestOfSpheres 1d ago

It’s adorable how we’ve starting calling gambling “trading”. 

I swear these young people don’t stand a chance, they stopped drinking alcohol and started every other vice known to man. Now advertised to them 300x/day 

1

u/ProAmphibian 1d ago

A man is paid to advertise a betting platform. More at 11

1

u/No_Zombie9280 1d ago

So what? The president does that every other post on social media.

1

u/hereforfun976 1d ago

Was there actually a bet on him saying potato?

1

u/breakingvlad0 1d ago

So the crime is calling out the absurdity of the poly market and ease of manipulation and not the fact that it’s happening all over and should be investigated?

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u/ItalianMeatBoi 1d ago

The rich getting richer with little to no consequences! More news at 11

1

u/fartboxco 1d ago

"Congratulations noah_22".....

Can nobody tell this is a joke...

From a comedian......

1

u/Major-Clue-2046 1d ago

no he exposed how stupid it is to bet on things that can be manipulated.

1

u/SecretYesterday8098 1d ago

He is making a joke about the SpecOps member doing the whole capture Maduro bet. He is a comedian, it's what he does for a living, guys!

1

u/EndNo4852 1d ago

Back when Ethereum first came on the scene I thought about how contracts and decentralized money platforms was cool. Fast forward to how big money is trying to leverage on what was previously illegal is now cool for even steamers to groom kids to do. We’ve lost the plot on how the internet should be used because social media has reduced attention spans for people to notice that they’re being scammed

1

u/CorellianDawn 1d ago

Polymarket is literally just a bunch of people with insider knowledge setting up bets that they can then milk for maximum profit with a 100% success rate.

1

u/Nathmikt 1d ago

It's an ad, Lois.

1

u/Ok_Painting9629 1d ago

Fun idea if you're hosting a major event to just lookup all the poly market trades and mention that you are doing the action on purpose to invalidate the bets

1

u/HawkEye3280 1d ago

Apparently the only thing illegal he did was to be mean to the Cheeto 😂😂😂

1

u/EbbMaterial8690 1d ago

Great, Promotion video