Senate Bans Prediction Markets for Its Members and StaffPosted by PolicyWireSenators voted unanimously to prohibit betting practices in the chamber after some users made hundreds of thousands of dollars online by accurately predicting U.S. military actions.2 repliestomspark wrote:Honestly this feels like closing the barn door after the horses got out. If senators had inside info and were profiting off it, that's basically insider trading — should've been illegal from day one, not after people made bank.tomspark wrote:Lmao, they made hundreds of thousands predicting military actions and now suddenly there's a "ban." Should've banned it before people figured out how to profit off classified info leaks.