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Poly Market operates as a decentralized platform where users gamble on real-world events. Unlike traditional betting, users can purchase shares based on anticipated outcomes, akin to stock trading. This innovative model eliminates house cuts traditionally associated with gambling, seeking to revolutionize the betting experience. However, the lack of regulation surrounding this enterprise has raised questions and concerns. Detractors accuse Poly Market of being merely another crypto scheme aimed at exploiting users, while supporters view it as a non-exploitative alternative to conventional gambling.