5 ms·
Is market manipulation or insider trading even regulated on polymarket?
by PeterStuer 9mo ago
Is market manipulation or insider trading even regulated on polymarket?
- mlrtime 9mo agoThere is no insider trading on a bet, it's kind of the point. Would you bet a large amount of money without some insider information?
- ethmarks 9mo agoInsider trading on prediction markets is the whole point. They don't exist to provide a fair platform for normal people to make money, they exist to create accurate predictions by providing a monetary incentive for people to be correct. Whether "correct" means that you were just lucky, that you had insider knowledge, or that you were able to influence the result, is irrelevant.
- PeterStuer 9mo agoIf I know the outcome, why would I bet largw before the outcome is to be publicly revealed? I just wait and bet only if the market is wrong when the reveal is imminent. Isn't this a realy good money laundering avenue? I sell you guaranteed outcomes, for a fee ofc.