2 ms·
Setting all initial odds to 50 % seems like a great way to get people to propose bets that are very likely or very unlikely, and then immediately correcting, as
by kqr 4y ago
Setting all initial odds to 50 % seems like a great way to get people to propose bets that are very likely or very unlikely, and then immediately correcting, as you say. What does manifold.markets do to prevent that?
I like the idea of the market creator providing the initial liquidity in exchange for commissions, though I am concerned that would leave the AMM short on capital to satisfy everyone's transactions. Maybe. I'd have to run some of the calculations. I hadn't thought about this approach. Thanks!
(I'm well aware you aren't the OP or anything, I just thought your comment was insightful so I took the opportunity. No regrets!)