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[–] 4 pts (edited )

Have you heard about Yes, you can bet on the weather. More importantly, connected people can cheat using weather weapons that change the weather. Surprise!

This is precisely why weather derivatives exist.

[–] 2 pts

I bet $50 it rains somewhere tomorrow

[–] 1 pt

This is definitely a thing. 100% this is a thing so that weather risk can be sold or bought for risk mitigation. Like insurance.