The WSJ On Polymarket's Questionable Ads
7/1/202635 min
In this week’s Better Offline, Ed talks with the Wall Street Journal’s Caitlin Ostroff and Katherine Long about how Polymarket is working with influencers to show videos of fake bets cashing out - and how the prediction markets have grown into a large, barely-regulated operation.
Please support me by subscribing to my premium newsletter - here’s $10 off your first year of annual https://edzitronswheresyouredatghostio.outpost.pub/public/promo-subscription/84rt762qen
They Looked Like They Were Getting Rich on Polymarket—but None of It Was Real - https://www.wsj.com/business/media/polymarket-social-media-bets-prediction-market-441cdeb5?st=57dR12&reflink=desktopwebshare_permalink
Caitlin Ostroff
https://x.com/ceostroff
https://bsky.app/profile/ceostroff.bsky.social
https://www.wsj.com/news/author/caitlin-ostroff
Katherine Long
https://bsky.app/profile/klong.bsky.social
https://www.wsj.com/news/author/katherine-long
YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to https://cottonbureau.com/people/better-offline and use code FREE99 for free shipping on orders of $99 or more. Buy our new “FUCK DATA CENTERS” shirts today!
---
LINKS: https://www.tinyurl.com/betterofflinelinks
Newsletter: https://www.wheresyoured.at/
Reddit: https://www.reddit.com/r/BetterOffline/
Discord: chat.wheresyoured.at
Ed's Socials:
https://www.instagram.com/edzitron
https://bsky.app/profile/edzitron.com
https://www.threads.net/@edzitron
Email Me: ez@betteroffline.com
See omnystudio.com/listener for privacy information.
Clips
Transcript preview
First 90 secondsKatherine Long· Guest0:00
This is an iHeart podcast. Guaranteed human.
Speaker 20:03
Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad-supported streaming music from Spotify and Pandora. And as the number one podcaster, iHeart's twice as large as the next two combined. Learn how podcasting can help your business. Call 844-844-iHeart.
Hoda Kotb0:19
Joy is essential, and it's also elusive. But now, there's a new and exciting way to start your journey toward a more joyful existence: Joy 101. It's a new podcast hosted by me, Hoda Kotb. If you're craving inspiration to maximize your joy, tune into these candid, uplifting, and moving on-air chats. Open your free iHeartRadio app, search Joy 101, and listen now. Joy 101 with Hoda Kotb is presented by CVS.
Lele Pons0:49
My first guest is Paris Hilton. Shakira. Luke and Yerin. We have surprises. Many surprises. Welcome to the Suite 305 podcast, where the group chat comes to life. What up [beep]?
Hoda Kotb1:03
You're the only person I know that loves a yellow Starburst.
Speaker 21:06
It's lemonade.
Lele Pons1:07
This is Suite 305. Here, oversharing is encouraged. Listen to Suite 305 with Lele Pons on the iHeartRadio app, Apple Podcast, or wherever you get your podcasts.
Tom Bogert1:18
[crowd cheering] American soccer is exploding.
Tab Ramos1:23
The knockout rounds are here.
Tom Bogert1:25
The US won their group, and now every match is win or go home.
Tab Ramos1:28
I'm Tab Ramos.