**From Business Insider’s Bryan Metzger:**
If two lawmakers on Capitol Hill get their way, making prediction market bets on the Oscars or the Super Bowl halftime show would be illegal.
“If you bet on who’s performing at the Super Bowl Halftime Show, and lose your money to someone who controlled the answer, you’re getting ripped off,” said Democratic Rep. Greg Casar of Texas.
“Wouldn’t the government protect consumers from markets that were transparently rigged?” said Democratic Sen. Chris Murphy of Connecticut. “The people who benefit in these markets are always the powerful.”
Murphy and Casar introduced a bill on Tuesday that would ban a slew of prediction markets currently offered by platforms like Kalshi and Polymarket.
Dubbed the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act, the bill would ban prediction market trading on the following:
* terrorism, assassination, and war;
* non-financial government actions in general;
* events where individuals know or can control the outcome.
Ummm. What about betting on elections? Or voting? Or any fucking thing government related? Allowing any kind of gambling on anything related to the government is blatantly transparent corruption. Where’s that law?
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**From Business Insider’s Bryan Metzger:**
If two lawmakers on Capitol Hill get their way, making prediction market bets on the Oscars or the Super Bowl halftime show would be illegal.
“If you bet on who’s performing at the Super Bowl Halftime Show, and lose your money to someone who controlled the answer, you’re getting ripped off,” said Democratic Rep. Greg Casar of Texas.
“Wouldn’t the government protect consumers from markets that were transparently rigged?” said Democratic Sen. Chris Murphy of Connecticut. “The people who benefit in these markets are always the powerful.”
Murphy and Casar introduced a bill on Tuesday that would ban a slew of prediction markets currently offered by platforms like Kalshi and Polymarket.
Dubbed the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act, the bill would ban prediction market trading on the following:
* terrorism, assassination, and war;
* non-financial government actions in general;
* events where individuals know or can control the outcome.
[Read more about the bill.](https://www.businessinsider.com/murphy-casar-bets-off-prediction-markets-government-actions-2026-3?utm_source=reddit&utm_medium=social&utm_campaign=insider-entertainment-sub-post)
Ummm. What about betting on elections? Or voting? Or any fucking thing government related? Allowing any kind of gambling on anything related to the government is blatantly transparent corruption. Where’s that law?