Home » A Reader Gave Us $1000 To Tell Polymarket To Pound Sand

A Reader Gave Us $1000 To Tell Polymarket To Pound Sand

Casablanca Ts El

I always assumed that acting as publisher for a website in this era of the internet was going to be an extraordinarily challenging job, and I probably underestimated the difficulty by about 300%. The vast majority of online advertising has moved to programmatic, which is just computers selling ads to other computers and hoping you’ll see them. In reaction to this, we’ve turned more to membership and partnership for growth, and have had success at both.

As the person who sees the incoming partnership requests, I try to follow up on the ones I think will be valuable, and politely decline the ones that would either not work for our readers or would not work for our partners. If we get money, but our readers aren’t served in any way, that’s bad for the reader, a waste of money for the partner, and reflects poorly on us.

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A representative of cryptocurrency-based prediction market, Polymarket, reached out a few weeks ago to see if they could advertise in our newsletter. I raised it with David and Jason because I had the sense that would get a big thumbs down, but also sent them our media kit and some basic info as I usually do in these situations. There was no response, and I totally forgot about it.

Earlier this week, this representative reached out again, this time offering us $100 per person we turned onto their product. Again, I sensed this wasn’t going to go over well, so we discussed it internally to make sure we all agreed it was probably not a great idea. Just to see if we were off-base, I put it to our special member area in our Discord, and asked a pretty simple question:

Special Discord Question
Screenshot: The Autopian

The thumbs down was the least of it. One member said “The general consensus is they are unregulated gambling and causing a hell of a lot of problems.” Another chimed in “If you take prediction market or gambling money I will absolutely cancel my membership.” One simply said “Hate them.”

A member pointed to a recent story about how a prediction market had taken (and then removed) a contract that allowed users to “predict” the fate of the alleged perpetrators of the sexual assault at Cornell.

And then, much to my surprise, a member said this:

How much is RCL again? Half a mind to trade RCL sub for proof of response telling them to ask Kim Jong Un for money since all of their bullshit is underpinned by “stablecoin” crypto nonsense

A Rich Corinthian Leather-level membership at The Autopian is $1,000, and given their current Cloth-level membership, that’s a $964 delta. I sort of assumed it was a joke until, lo and behold, I got an alert that the member had indeed upgraded. While we were already pretty decided that we wouldn’t do it, this certainly showed the community shared our feelings.

While it’s possible that some programmatic ads for gambling sites have shown up on the site (and that me writing the words might invite them), we’ve never directly or even indirectly solicited such ads. Doing a partnership like this would be an implicit endorsement of the product.

One of the perks of membership is a behind-the-scenes look at these kind of conversations. If you’re a logged in member, you can keep reading and see more of this story. If you’re not, click here to become a member and you’ll be able to see the initial offer, the reader reaction, and our response to Polymarket.

Top photo: Warner Bros.

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Arch Duke Maxyenko
Member
Arch Duke Maxyenko
5 minutes ago

Wait, David Tracy is a huge Lebron James fan? For real?
Way to burry the lead there.

James Mason
Member
James Mason
15 minutes ago

Bravo! You continue to show us members and readers that The Autopian has a soul.

Elhigh
Elhigh
15 minutes ago

I would love to share my opinion of Polymarket with them directly, but I promised I wouldn’t fuckn swear on the fuckn internet to tell fuckfaces to their fuckn faces what a fuckface I think they are and what kind of fuckn damage they’re doing to the rest of us.

Dammit.

Cerberus
Member
Cerberus
17 minutes ago

I agree. As mentioned, it’s almost impossible to find a perfect company, but there are some that are exclusively in the dirtbag category with really no redeemable value except to their shareholders. While I never got the appeal of gambling, I don’t think betting on sports or numbers isn’t inherently bad for people who have some sense about it. It can make watching a sport more engaging and the fantasy of what one might do with lottery winnings when buying a ticket is probably worth the $1 (or whatever a ticket costs) to many. While there’s certainly an argument about how all gambling takes advantage of desperate people or those with addiction issues, the kinds of things these guys have bets on is psychopathic exploitation. Had they been around in the 14th Century, I have little doubt that Dante Alighieri would have had a circle of hell just for them (though greed circle 4 would work, that must be awfully crowded).

IRegretNothing, Esq, DVM, BBQ
Member
IRegretNothing, Esq, DVM, BBQ
18 minutes ago

You made the right call. The respect of your readers is far more valuable than what any of these buzzards would have paid you.

Sid Bridge
Sid Bridge
24 minutes ago

(Puts PR hat on): Two thumbs up from a PR guy. You gathered all the facts, you understood what kind of reaction your readership would have, you polled them directly (giving them some ownership), you listened to the response, which confirmed your instincts were correct, and you followed through.

That, my friends, is how it’s done. Yes, this was an advertising question, but at its core this was a PR consideration and it’s the kind of crisis management I get paid to do: make sure there’s no crisis in the first place. It’s super easy if you have a tendency to do the right thing.

You were right. This would have negatively impacted your reputation with your most important public. You’re also being super transparent, which is cool – and not even required in this situation.

So high-fives all around. You passed this test.

Professor Chorls
Professor Chorls
25 minutes ago

Y’know for the longest time I thought Polymarket was a dating app for the polyamorous and Lifestyle™ folks…

TK-421
TK-421
24 minutes ago

TIL.

Chronometric
Member
Chronometric
24 minutes ago

I thought it was a dating app for parrots.

Elhigh
Elhigh
14 minutes ago

Either way, you’re getting screwed in new and exciting ways.

FndrStrat06
FndrStrat06
28 minutes ago

Integrity is much appreciated, especially in an economy that’s driven by selling out to the highest bidder no matter who that bidder is.

Get an E-bike
Member
Get an E-bike
29 minutes ago

Thank you for being good humans.

Shop-Teacher
Member
Shop-Teacher
35 minutes ago

Well then, this makes me very happy. I’m not necessarily opposed to gambling, although I do not partake beyond the very very occasional Powerball ticket. It does bother me quite a bit how inundated our society is with gambling all over the place. It’s gross. I’m glad The Autopian is not going to be a part of it. As I often tell my kids and my students, be part of the solution, not part of the problem.

Last edited 34 minutes ago by Shop-Teacher
Alexk98
Member
Alexk98
14 minutes ago
Reply to  Shop-Teacher

I hate the “prediction” markets in particular because their ads are incredibly disingenuous, pretending that you can have an edge by having an informed opinion. It’s actually been proven that many of the “no brainer” or “huge win” trades they use in influencer generated ads are actually fake. Poly market used a fake URL that was spelled “poiymarket” but with a capital i to make it look real, and influencers were given logins to place fake bets on a duplicate of the website. It was proven because Polymarket loudly proclaims that all bets are placed on the blockchain and auditable, yet none of the ones in ads could be found. True scum all the way down that company.

Grey alien in a beige sedan
Member
Grey alien in a beige sedan
36 minutes ago

Member here, but not on the discord… so didn’t know this was a thing until now.

But yeah.. I don’t see prediction markets as being a good advertiser fit for y’all. Serving up relevant ads for gearheads? Okay – I can get behind that because it’s a good fit. Wanna partner with Lucas Oil to keep the site well lubricated? Go for it! (Torch mentioned a squeak coming from his Apple ][ the other day, so probably needs it). Wanna hawk some Chicago Electric stuff? Sure, we all worship Harbor Freight.

Seeing the main site’s banner as sponsored by a rotating list of non-adjacent businesses? Nope? We don’t want The Autopian, proudly powered by Depend® Disposable Undergarments!

Kalshi and Polymarket are literally running the corporate playbook from the movie Idiocracy at this point.

Harvey Firebirdman
Member
Harvey Firebirdman
29 minutes ago

Yeah if they want to partner for ads with some non-scammy auto part manufacture or auto fluids sure go for it. And like you said even tools cool go for it. But yeah scammy crypto crap like this yeah no.

Does rock auto do sponsorships? Maybe you guys can do one with them and can send a bunch of their magnets out to members haha.

MondialMatt
Member
MondialMatt
25 minutes ago

I’d read The Taco Bell Mug Root Beer Mountain Dew Diet Mug Root Beer Pepsi Stuff Szechuan Dynasty Autopian, but I’m a weirdo.

Alexk98
Member
Alexk98
18 minutes ago

I think “The Autopian, proudly powered by Depend® Disposable Undergarments!” Is hilarious and more on brand for this site than it should be. At least I could see it as a section of Torch’s author footnote.

If anything, next Autopian roadtrip should be sponsored by adult diapers. “We had one driver with Depends and one without, here’s how our times differed” is a 10/10 article idea and I will die on this hill.

Last edited 17 minutes ago by Alexk98
Mthew M
Member
Mthew M
5 minutes ago
Reply to  Alexk98

It probably wouldn’t take that much R&D for Depend to pivot into a quality oil absorbing product. They could make a large pad that you put down before changing your oil (or other fluid), and then just throw it away when you’re done.

Mike F.
Member
Mike F.
4 minutes ago
Reply to  Alexk98

Yeah, my first thought was that I could really see a place for Depends undergarments here.

Alexk98
Member
Alexk98
2 minutes ago
Reply to  Mike F.

In hindsight, its a miracle DT didn’t use them during his spaghetti shower fueled wrenching marathons up in Michigan. Just think of the time savings!

Cerberus
Member
Cerberus
15 minutes ago

I could see Torch trying that product out to make sure it was quality enough to be featured.

ImissmyoldScout
Member
ImissmyoldScout
36 minutes ago

This is why I happily subscribe!

StillNotATony
Member
StillNotATony
41 minutes ago

Support what you love, folks.

Support what you love.

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