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Offline with Jon Favreau

What We Lose When We Bet on War

Offline with Jon Favreau

Crooked Media

News, Society & Culture

4.7 • 2.3K Ratings

🗓️ 23 March 2026

⏱️ 46 minutes

🧾️ Download transcript

Summary

Life or death decisions are being gamified for profit on online prediction markets like Kalshi and Polymarket. But these platforms may also have the potential to create a modernized—if morally questionable—method of opinion polling. Politico Magazine contributing writer Nancy Scola joins Offline to explain the rise of these markets, the argument for them, and the people in D.C. who stand to gain the most. But first! Senator Chris Murphy stops by the show to break down the brand new BETS OFF Act, which bans wagering on government actions, terrorism, war, assassination, and events where an individual knows or controls the outcome. He and Jon discuss the bill's prospects for passing, and discuss what happens to us spiritually when every moral question becomes a market.

Transcript

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1:18.4

Quick question. Are you politically engaged and spiritually exhausted?

1:23.3

If you said yes to both, welcome home. I'm Erin Ryan. And I'm Alyssa Master of Monaco.

1:28.6

And we're the host of Hysteria, the podcast for women who care about democracy, culture, and not losing their minds in the process.

1:35.0

We break down the news, call out the nonsense, and spotlight the women actually fighting back on Capitol Hill, in classrooms, and everywhere the stakes are high.

1:43.9

It's sharp, honest analysis featuring women's voices with humor and zero handholding.

1:49.6

Listen to hysteria wherever you get your podcasts and watch full episodes on YouTube.

1:55.2

There are times in life when you just have to wait and see. Like waiting to see if your team

2:00.5

will finally win the title.

2:02.6

Waiting nine long months to see if it's a boy or a girl.

2:06.6

Or waiting to see if the sun will shine on your long-awaited holiday.

...

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