Yes, it’s completely legal for people in the US to bet on things; the only illegal part is being an intermediary.
I see where you’re coming from re “you should be willing to bet your views”; I just want to be clear that if you think PI prices are inefficient, it’s mostly not because of transaction fees/taxes/etc.
How about telling someone who thinks Trump Wins shares are underpriced “go search on twitter and poker forums for people betting on this, and message a few of them”? This is completely legal, doesn’t take that long, and is quite safe as long as you both agree to trustworthy escrow. There’s no guarantee you’ll find anyone willing to take your bet, but I think the chances you would are fairly high.
Yes, it’s completely legal for people in the US to bet on things; the only illegal part is being an intermediary.
I see where you’re coming from re “you should be willing to bet your views”; I just want to be clear that if you think PI prices are inefficient, it’s mostly not because of transaction fees/taxes/etc.
How about telling someone who thinks Trump Wins shares are underpriced “go search on twitter and poker forums for people betting on this, and message a few of them”? This is completely legal, doesn’t take that long, and is quite safe as long as you both agree to trustworthy escrow. There’s no guarantee you’ll find anyone willing to take your bet, but I think the chances you would are fairly high.