3 ms·
Note that real prediction markets with money are currently illegal in the US because of some legacy law. So Polymarket (currently the major prediction market I
by cubefox 3y ago
Note that real prediction markets with money are currently illegal in the US because of some legacy law. So Polymarket (currently the major prediction market I believe) is only usable outside the US anyway.
Currently the only US alternative is play money. Manifold and Metaculus use this system. Metaculus doesn't really use play "money", but a non-zero-sum system to award points for more accurate predictions. It's in both cases a game and an exercise in checking how well-calibrated your beliefs about the future are.
And here is the canonical FAQ on prediction markets, and the social/policy benefits they could have:
https://astralcodexten.substack.com/p/prediction-market-faq https://astralcodexten.substack.com/p/prediction-market-faq