{"id":5520,"date":"2026-04-19T13:00:00","date_gmt":"2026-04-19T12:00:00","guid":{"rendered":"https:\/\/echoesofthelastmind.com\/?p=5520"},"modified":"2026-04-19T21:05:55","modified_gmt":"2026-04-19T21:05:55","slug":"people-are-betting-on-extreme-weather-events-but-why","status":"publish","type":"post","link":"https:\/\/echoesofthelastmind.com\/?p=5520","title":{"rendered":"People are betting on extreme weather events. But why?"},"content":{"rendered":"<p>ORIGIN:  https:\/\/www.yourweather.co.uk\/news\/<\/p>\n<p>Even as governments draft plans to fight climate change, large groups are people gain from extreme weather events and indirectly even contribute to them. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/echoesofthelastmind.com\/wp-content\/uploads\/2026\/04\/people-are-betting-on-extreme-weather-events-but-why-1776335199759.webp\" data-image=\"ofk2h3rlzmgu\" alt=\"Forest fires\" title=\"Forest fires\">Extreme weather events such as forest fires are on the rise and people are betting on its outcomes.<\/figure>\n<p>Hurricane? Wildfire? Coastal erosion? There is no doubt that these events are affecting many lives across the planet, but you can also be sure that someone is betting on these catastrophic events and making a windfall from them. If you did not know it existed, then welcome to the world of disaster capitalism. <\/p>\n<p>Online platforms like Kalshi and Polymarket make it simpler for users to bet on whether a wildfire will spread or be contained, if a hurricane will hit the US before the month of June, or whether the current month will be the hottest on record. If you thought such platforms were not the norm, then you are sure to be surprised that 20-something founders of these websites are already billionaires. <\/p>\n<p>Betting on weather events<\/p>\n<p>Betting on weather events is not new. It<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ORIGIN: https:\/\/www.yourweather.co.uk\/news\/ Even as governments draft plans to fight climate change, large groups are people gain from extreme weather events and indirectly even contribute to them. Extreme weather events such as forest fires are on the rise and people are betting on its outcomes. Hurricane? Wildfire? Coastal erosion? There is no doubt that these events [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5521,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/posts\/5520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5520"}],"version-history":[{"count":1,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/posts\/5520\/revisions"}],"predecessor-version":[{"id":5522,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/posts\/5520\/revisions\/5522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=\/wp\/v2\/media\/5521"}],"wp:attachment":[{"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echoesofthelastmind.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}