So, the Commission recently
put out some guidance
to voters about betting
on the outcomes of elections.
What did that say?
The guidance we sent out
to voters basically summarized
what has been Wisconsin law
since about 1849
which is
you cannot bet on an election
and vote in that election.
How could betting on
the outcome warp the process
even tip the outcome?
There's a few ways it could.
I mean, one of which is
sort of on the
very personal level.
You are no longer voting for
the person you think
would be best in the position.
You're now voting for someone
who can line your pockets.
And that's a corruption
of the process
on a very individual level.
In theory, you could have people
within a campaign
go out to place bets
to try to tilt
the prediction markets
to create a false sense
of momentum
or antipathy towards
a given candidate.