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>This isn't trading, though. It's forecasting. That's not my point. The point is people don't give away predictive edges for internet points (or reputation). T
by bananaface 6y ago
>This isn't trading, though. It's forecasting.
That's not my point. The point is people don't give away predictive edges for internet points (or reputation). There are many reasons why but the lack of a betting & trading StackOverflow is one symptom. It's just an example, but TBH it's not that relevant since this market wouldn't involve revealing edges.
>People go near real money strategies like that all the time.
Absolutely, and it's a problem with real funds. But:
- It's a lot rarer.
- There's a much stronger incentive for other people to quietly take the opposite sides of those bets, which normalises the market.
We'll see what effect it has, but I think this marketplace will just end up following the values on PredictIt.