{"id":938,"date":"2023-06-24T08:12:06","date_gmt":"2023-06-24T05:12:06","guid":{"rendered":"https:\/\/xxbet-company.com\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/"},"modified":"2023-06-24T08:12:06","modified_gmt":"2023-06-24T05:12:06","slug":"featured-outrage-over-polymarket-odds-on-titan-sub-survival","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/ja\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/","title":{"rendered":"FEATURED \u2014 Outrage Over Polymarket \u2018Odds\u2019 on Titan Sub Survival"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">\u76ee\u6b21<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/ja\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/#Twitter_Wildfire\" title=\"Twitter Wildfire\u00a0\">Twitter Wildfire\u00a0<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/ja\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/#Bad-Taste_Betting\" title=\"Bad-Taste Betting\">Bad-Taste Betting<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/xxbet-company.com\/ja\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/#Catastrophic_Incident\" title=\"Catastrophic Incident\">Catastrophic Incident<\/a><\/li><\/ul><\/nav><\/div>\n<p>News that crypto gamblers were placing bets on the website <a href=\"https:\/\/www.casino.org\/news\/polymarket-adds-california-sports-betting-futures-trading-banned-in-us\/\" rel=\"nofollow noopener\" target=\"_blank\">Polymarket<\/a> on whether the lost Titan submersible would be found has caused outrage on social media.<\/p>\n<figure aria-describedby=\"caption-attachment-278895\" data-style=\"width: 858px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-post-thumbnail-858xAUTO wp-image-278895\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/06\/Titan-858x536.jpg\" alt=\"Titan sub, OceanGare, Titanic, Polymarket\" width=\"858\" height=\"536\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/06\/Titan-858x536.jpg 858w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/06\/Titan-430x269.jpg 430w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/06\/Titan.jpg 1000w\" sizes=\"(max-width: 858px) 100vw, 858px\" title=\"\"><figcaption class=\"text-description\">Debris from the OceanGate Titan submersible was found by the US Coastguard on Thursday, suggesting the vessel imploded shortly after it went missing. (Image: <em>The Telegraph<\/em>)<\/figcaption><\/figure>\n<p><a href=\"https:\/\/www.casino.org\/news\/polymarket-tagged-with-1-4m-fine-by-cftc-for-unregulated-swaps\/\" rel=\"nofollow noopener\" target=\"_blank\">Polymarket users<\/a> had wagered more than $220k on whether or not the sub would be found in time, as first reported by <em>Gizmodo<\/em> on Thursday afternoon.<\/p>\n<p><strong>Polymarket is a prediction site on the Ethereum blockchain that enables users to buy and trade \u201cshares\u201d in the outcomes of future events. Once the market has been resolved, users can cash in their shares for $1 each.<\/strong><\/p>\n<p>Around 62% took a pessimistic view of the crew\u2019s chances of survival.<\/p>\n<p>\u201cFor the purposes of this market, the vessel need not have been rescued or physically recovered to be considered \u2018found,\u2019\u201d the market description page explains. \u201cIf pieces are located, but not the cabin which contains the vessel\u2019s passengers, that will not suffice for this market to resolve to \u2018Yes.\u2019\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Twitter_Wildfire\"><\/span><strong>Twitter Wildfire\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As news of the market spread on Twitter, Polymarket appeared to revel in the publicity, piggybacking on the viral wave of revulsion to remind Twitter users that there was \u201conly a 15% chance the missing submarine is found by Friday.\u201d<\/p>\n<p><strong>In a tone-deaf response to <em>Gizmodo\u2019s<\/em> request for comment, a spokesperson for the site suggested that the market could provide a valuable service for the families of the crew.<\/strong><\/p>\n<p>\u201cIf the families were privy to Polymarket, they could use the market as a way to obtain the real-time, unbiased probability of the submarine being recovered,\u201d Polymarket said in an email after this article was published. \u201cThat is a far more valuable service to them than sensationalist media coverage: with our markets, at least they understand the true probabilities.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bad-Taste_Betting\"><\/span><strong>Bad-Taste Betting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The regulated betting industry doesn\u2019t engage in \u201cdeath pool\u201d-type betting, even though in markets like the UK, where quirky proposition and political betting are permitted, no specific regulations prevent them from doing so.<\/p>\n<p><strong>But bad-taste betting can be bad for business. In November 2009, Irish sportsbook PaddyPower offered odds that then-President-elect Barack Obama would not complete his first term in office. The implication was that he might be assassinated.<\/strong><\/p>\n<p>Paddy Power was forced to pull the odds following a public backlash.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Catastrophic_Incident\"><\/span>Catastrophic Incident<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The five crew members on board the OceanGate Titan submersible were probably killed instantly by a \u201ccatastrophic implosion,\u201d the US Coast Guard said Thursday. The announcement signaled a tragic end to a frantic four-day international mission to locate the sub and rescue the crew before oxygen levels ran out.<\/p>\n<div class=\"callout\">\n<p>The vessel went missing on Sunday at around 9:45 a.m. ET, an hour and 45 minutes into its dive to examine the wreck of the Titanic, when it lost contact with its support ship, the Polar Prince. It had 96 hours of oxygen on board, meaning its supply of fresh air would theoretically run out on Thursday morning. Fragments of the sub were discovered Thursday.<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/outrage-over-polymarket-odds-on-titanic-sub-survival\/\" target=\"_blank\">FEATURED \u2014 Outrage Over Polymarket \u2018Odds\u2019 on Titan Sub Survival<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>News that crypto gamblers were placing bets on the website Polymarket on whether the lost Titan submersible would be found has caused outrage on social media. Debris from the OceanGate Titan submersible was found by the US Coastguard on Thursday, suggesting the vessel imploded shortly after it went missing. (Image: The Telegraph) Polymarket users had wagered more than $220k on whether or not the sub would be found in time, as first reported by Gizmodo on Thursday afternoon. Polymarket is a prediction site on the Ethereum blockchain that enables users to buy and trade \u201cshares\u201d in the outcomes of future events. Once the market has been resolved, users can cash <a href=\"https:\/\/xxbet-company.com\/ja\/featured-outrage-over-polymarket-odds-on-titan-sub-survival\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/938"}],"collection":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/comments?post=938"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media\/939"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media?parent=938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/categories?post=938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/tags?post=938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}