And we already have laws against this stuff when it is traditional gambling. For example, a couple MLB players[1] are currently facing 65 years in prison because they would occasionally waste a pitch at the directions of gamblers netting them a few thousand dollars each time they did it. For those not familiar with baseball, a starting pitcher generally throws between 80-100 pitches a game and a reliever throws roughly 10-30. This is basically as low stakes as a sports bet can get, so it makes it all the more attractive to attempt because it feels less like a compromising of morals with the less the participant actually needs to sacrifice.

These prediction markets are now giving even more people the opportunity to make a small ethical compromise in exchange for non-trivial amounts of money without any of the potential legal repercussions of traditional markets or gambling. That type of ubiquitous corrupting influence can't be good for the health of society.

[1] - https://www.cbssports.com/mlb/news/guardians-closer-emmanuel...