> this specific example doesn't seem like insider trading, just a seasoned gambler who knows basic hedging strategy.
why can't it be both? you think degenerate gamblers have never had a government job?
There are other much more lucrative, obfuscated, and legally defensible methods someone with insider information could take to monetize on insider information.
Using a public betting platform with KYC vetting is not that.
There are other much more lucrative, obfuscated, and legally defensible methods someone with insider information could take to monetize on insider information.
Using a public betting platform with KYC vetting is not that.