When the Pope was being decided in the conclave, people were betting on it. When there was hurricane or typhoons, people would also bet on the casualties. Have you seen people bet on about the war between Iran and Israel and now USA too?
If yes, do you think it is morally or ethically correct? For me, no. There are real people's lives at stake here. I think it is so tone deaf for people to bet on their lives. What do you think?
Well, I don't think it's ethical or moral, but this has always happened and will always happen. I don't think it's to such a bizarre point as to explicitly bet on wars or disasters, but rather to systematically benefit from these events. For example, financial markets act as a consequence of these types of events and, if possible, will take advantage of them to increase their profits. So, even if we see it as morally wrong, these things still happen, of course, in a way that is not so explicit, but investing in things that are required for war could result in great profits in the future.