gamblers, survival, submarine,

Online gamblers raked in thousands on bets against the Titanic sub crew’s survival

Jul 04, 2023 · 1 min read · 510 points
Online gamblers raked in thousands on bets against the Titanic sub crew’s survival
Share this

Company argued betting platform was a valuable resource of information

Highlights

  • Online gamblers bet hundreds of thousands of dollars on the fate of the Titanic submarine.
  • Gamblers wagered at least $300,000 on the outcome of the vessel using the crypto platform Polymarket.
  • Polymarket defended its offerings on the submarine, arguing that it was a neutral way of calculating the likelihood of a rescue.
  • Company argued betting platform was a valuable resource of information to the families of the missing vessel.
  • Most major bookmakers refused to take bets regarding the death of Queen Elizabeth, according to Betting Gods, a gambling industry tip site, because they would rather bet on sports than the queen’s death.
  • The site said it would not take bets on the Queen dying as it would offend its regular customers.

Read the original article

Join Newsletter
Get the latest news right in your inbox. We never spam!