Betting on US elections can resume after legal freeze, appeals court rules
KalshiEx offered customers contracts that bet on congressional election outcomes. The Commodity Futures Trading Commission objected.
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I'm trying to understand the mentality of someone that would gamble like this. Why wouldn't you just give that money to the campaign? Are you that sure they'll win? In that case, how much could you possibly expect to get back in a sure victory?
I mean, if you bet on the one you want to lose winning, at least you have something to cheer you up a bit maybe?