> This "intelligence gathering" function is the primary goal of a prediction market. It's the only reason it makes sense to even have them. If you turn it into

> This "intelligence gathering" function is the primary goal of a prediction market. It's the only reason it makes sense to even have them. If you turn it into some parlor game where everybody who participates has access to all the same information, then what are we even doing here? If everyone has the same information, then whoever does better analysis wins. That's far from a parlor game. Ideally people with good info and people with good analysis can both make money. (And ideally nobody takes real-world actions to make their bet come true.)