Prediction markets have recently been embroiled in quite a bit of controversy. A leading prediction platform made a ruling on January 7th — regarding the "U.S. invading Venezuela" betting market, the result was declared as No, with a trading volume reaching $2.76 million. But this decision immediately drew a lot of criticism.



Users exploded in outrage. Some questioned, "What exactly counts as an invasion?" while others simply changed the platform's name to a pun as mockery. Another group of users pointed out — what kind of standard is this? The platform makes a ruling and that's it, with no clear definition.

The platform provided an explanation. They said the market defines an invasion as a military action aimed at establishing control, and although Trump used the word "takeover" when discussing negotiations with the Venezuelan government, that isn't sufficient to be considered an invasion. It sounds a bit... confusing? When reporters asked the platform's founder, they received no response.

This incident highlights the ambiguity in the standards used by prediction market platforms for event classification. For a market with such a large trading volume, having such flexible ruling criteria is no wonder users are dissatisfied.
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GateUser-9f682d4cvip
· 01-07 07:51
2.76 million USD can be changed at will, is this what you call a prediction market?
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StopLossMastervip
· 01-07 04:53
2.76 million USD gone just like that, is this the democracy of Web3? Haha The platform decides arbitrarily, users' hard-earned money goes down the drain I'm truly fed up with these standards of judgment. Next time, I might as well just build my own DAO If the definition of intrusion can be so flexible, then my bets are all pointless
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DegenDreamervip
· 01-07 04:48
27.6 million USD was just decided with a single sentence? That's hilarious. Who gave them this authority?
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BearMarketLightningvip
· 01-07 04:47
This ruling standard is so disappointing, 2.76 million USD just dismissed with a single sentence? --- Ridiculous, this is what it means to do whatever you want—if it’s not counted, then it’s not counted. --- Prediction markets are inherently a game of chance, and now the rules can be changed so arbitrarily? Laughable. --- The way they define "invasion" sounds like they’re just looking for an excuse for themselves. --- Really, whatever the platform says goes—then what are we even trading? --- Taking over ≠ invasion, I truly respect this logic haha. --- With this kind of ruling method, who would dare to play in the future? --- It still depends on the capital behind the platform—if you have money, you can change the rules. --- 2.76 million just went down the drain. If I were those traders, I’d feel so miserable. --- The key is there’s no clear standard at all, it’s all based on feelings for the judgment.
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GasFeeNightmarevip
· 01-07 04:46
2.76 million dollars, and you're just going to say cut and cut? Laughing out loud, is this platform trying to be funny?
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LiquidityWitchvip
· 01-07 04:43
2.76 million USD is just裁员, is this the "decentralization" of web3 haha --- Platform: I say it's not, then it's not, are you biting me? --- Another day of subjective rugging, prediction markets have really become a cash machine for big players --- Wait, why does this logic make me angrier the more I think about it? Negotiation = invasion? Then every time we argue with family members, is that considered domestic invasion? --- The market of 2.76 million USD was just killed by a vague definition, a typical centralized decision-making theater --- The most outrageous thing is when the platform founder doesn't respond, and this transparency is even worse than some traditional financial institutions --- The standard for prediction markets is that the platform can decide whatever it wants, anyway users have no say --- I just want to know who made money and who lost on this 2.76 million USD... what are the gamblers thinking
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WealthCoffeevip
· 01-07 04:39
2.76 million USD was just manipulated behind the scenes, hilarious, prediction markets are just casinos.
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TokenomicsDetectivevip
· 01-07 04:28
27.6 million USD just gone like that? The logic of this ruling is really incredible. Negotiation = takeover ≠ invasion. How do you solve this math problem?
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