u/seamusmaldoun

Interested to hear others’ thoughts on this. To me it seems like the right move.

I’ve been hearing how these markets are ripe for manipulation and many cases of people placing bets on things they’re directly involved or have influence on. I’m curious on how they’re able to operate in a legal grey area and how this differs from sports gambling which is still illegal in MN.

You want to bet on the weather or some other arbitrary thing? Fine.
Placing wagers on something with privileged info or an event you have a direct effect on is eerily similar to insider trading or sports gambling scandals like point shaving or throwing games.