4 ms·

Prediction markets are literally markets. You can’t have a market if the price is secret. The goal isn’t to have people place bets and see who is right later.

Prediction markets are literally markets. You can’t have a market if the price is secret. The goal isn’t to have people place bets and see who is right later. The goal is to expose the predictions to market forces and make people put their money on the line, thereby (theoretically) improving the quality of predictions.

polskibus 5y ago
Yes you can have market with secret price. Check out dark pools.
- rcxdude 5y ago
  Dark pool prices aren't available to the general public, but they are visible to those participating in the market.