3 ms·
the problem is the limited amount of money one can make off of a random market. makes it less appealing to some (or many) and less efficient in determining an
by gammateam 8y ago
the problem is the limited amount of money one can make off of a random market.
makes it less appealing to some (or many) and less efficient in determining an outcome
yes assassin markets and popular political events can now be traded in the US even if the Augur company gets sanctions, but for everything else this is an inefficient system.
- drdeca 8y agoWell, the money has to come from somewhere. In any case, someone has to be willing to take the other side of your bet, whether it is other participants or the people running the market/betting thing. I'm not sure what alternative you are considering to not have that problem, or what it would look like for something to not have that problem.
- gammateam 8y ago> I'm not sure what alternative you are considering to not have that problem, or what it would look like for something to not have that problem. I gave two examples. One isn't in production yet so we'll see