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Comment for Proposed Rule 91 FR 12516

  • From: Vince Payan
    Organization(s):
    NA

    Comment No: 115437
    Date: 4/30/2026

    Comment Text:

    Regardless of how much those in favor of "prediction market" try to twist the words and play with different terms to convince us of what Prediction markets are, we all know (and I am sure they know) that this is all gambling, with the added benefit of cheaters winning which obviously by definition of being a cheater knew where things are going and thus the proponents claim that this is the best way to "predict" markets. No! It is the best way "cheaters" get to cheat and for the rest of the people to gamble and make bets.
    Enough with this sugar coating and play on words.
    No matter how much lip stick you put on this pig, it will always stink and any moron would see it for what it is.
    This is destroying the society by turning people into gamblers and cheaters, leading to many losing so much money while a few would make insane amounts of money.
    As much as "Tech" claims to create things, this particular technology is creating nothing, predicting nothing and providing no benefits to society at large and only benefits, as I mentioned already, cheaters and also the creators of this casino.

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