The use of inside information for any form of gambling or trading, whether in financial markets or traditional gambling scenarios, **is non-conforming and illegal**. The following is the specific analysis： --- ### 1. ** "Insider trading” in financial markets** -**Definition**: Inside information refers to non-public important information (such as corporate mergers and acquisitions, financial report data, etc.) that may affect asset prices. The use of such information to trade securities, futures and other financial products constitutes **insider trading**. -**Legal consequences**： -**China**: If you violate the "Securities Law", you can face a fine of 1-10 times the illegal income, and you will be investigated for criminal responsibility if it constitutes a crime (up to 10 years in prison). -**United States**: According to the Securities and Exchange Act, high fines and up to 20 years in prison may be imposed. -**General global attitude**: It is regarded as a criminal act that seriously damages the fairness of the market. --- ### 2. ** "Inside information” in traditional gambling** -**Definition**: Refers to the manipulation of gambling results through cheating or non-public information (such as knowing the results of horse races in advance, match-fixing in sporting events, etc.). -**Legal consequences**： -**Crime of fraud**: Most countries regard the use of inside information to gamble as fraud, which may violate the criminal law. -**Gambling regulations**: If the British "Gambling Law" and U.S. state regulations clearly prohibit cheating, participants may be sued or blacklisted. -**Organizer responsibilities**: If it involves manipulating gambling results, you may face more serious criminal charges (such as organizing gambling crimes, money laundering crimes, etc.). --- ### 3. **Core principles of compliance** -**Information fairness**: Any behavior that relies on asymmetric information for profit destroys fairness, and the law strictly restricts this. -**Scenario-independent**: Whether it is a financial market or a casino, as long as you use undisclosed information to make a profit, it may be illegal. --- ### 4. **Exceptions? ** -**Public information and legal research**: Decisions made through public data or professional analysis (such as studying the status of the team and economic trends) are legal actions. - **Regulatory ambiguity**: For example, regulations in emerging fields such as cryptocurrency are not perfect, but the use of inside information may still be traced back to fraud. --- ### Conclusion **Absolutely non-compliance**. Using inside information to gamble or trade is not only against ethics, but also leads to severe legal penalties. In financial investment or entertainment activities, we should always rely on public information and legal means to avoid touching legal red lines.