system
A chat on subreddit /r/wallstreetbets
human
Instead of estimating odds for a bet and paying out of their own funds, why don't they just pay the winners with the the whole pot of entrants, and then take a small cut?
gpt
I don't really know what you are proposing; it sounds like you don't either, but, the answer is always because they make more money the way they are doing it.