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With this last election, there were also some big differences across markets, which presents the opportunity for not only hedging, but constructing a win-win se
by s1artibartfast 2y ago
With this last election, there were also some big differences across markets, which presents the opportunity for not only hedging, but constructing a win-win set of bets.
- lupire 2y agoNot really. Transaction costs / vig (commonly 5%) and counterparty risk eat up theoretical arbitrage profits. The main arbitrage opportunity was in finding ways to place illega bets in the bettor's jurisdiction.
- s1artibartfast 2y agoI read that some markets had >10% differences and from what I can tell, polymarket transaction costs are 2% of profit. That said, Im not sure that all of the listed markets had open financial access, so it stands that there were real reasons the differences were sustained and people didn't do exactly what I said.