I had no idea this existed! So there was a bet out there that allowed counterparties to BENEFIT if a pandemic occurred?
This seems like a stupid thing, and maybe something illegal. I know that deadpools (I forget the actual name of them), the ones where pilots or people in risky professions all put money in a kitty, and the last guy living takes the money, those are illegal for similar reasons.
The temptation for the last remaining alive to knock off the others is big enough that it fosters crime.
How is this any different?
I always find out about these pandemic scares after they don’t happen. I do it by glancing at headlines and ignoring stories.
Gee, and I read the headline and feared a major cat culling.
Ebola spreading in America would be quite a windfall.
So, cats aren’t spreading Ebola across borders?