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The betting site did predict Trump will win the election.
by csomar 2y ago
The betting site did predict Trump will win the election.
- itake 2y agoThe crypto betting site users had high sentiment trump would win
- FabHK 2y agoIf the betting site is used as a hedge, then the equilibrium prices don’t reflect real-world probabilities. Suppose people predicted that Trump would tank the economy and wanted a few extra dollars in that case. An extra dollar in a Trump world would be worth more than in a normal world, thus distorting betting.