3 ms·
Not sure why the dumb money keeps playing. If you're not the insider the person you're trading against is.
by ralph84 8mo ago
Not sure why the dumb money keeps playing. If you're not the insider the person you're trading against is.
- taylorius 8mo ago"the dumb money"
- pocksuppet 8mo agoBecause you think you can predict the probability of the insider insidering each way and place a bet before they insider
- doomslayer999 8mo agoBecause its an event contract with a defined upside/downside and time horizon. You know exactly what you stand to lose and gain and when. Makes it a valuable part of some intricate financial strategies.
- tokenless 8mo agoPlus casinos exist. Why do people play blackjack.