3 ms·
"People don't play in corrupt markets for very long." ... ahhh, it's not a bug with Polymarket - it's a feature.
by blazespin 7mo ago
"People don't play in corrupt markets for very long." ... ahhh, it's not a bug with Polymarket - it's a feature.
- estearum 7mo agoSomeone has to take the other side of the bet. As these stories become more common and well-known, it'll degrade the market
- blazespin 7mo agoAll I've ever seen is it encouraging people and not discouraging them. The thrill of the easy money, right? Forget it jake, it's Polymarket.
- estearum 7mo agoThis stuff is turning me off of prediction markets and I'm actually a huge fan of them conceptually (and have bet on them myself for quite a while). As the billboard glow inviting insiders to trade gets brighter, the markets get less useful, less fun, less interesting, and obviously less rewarding.