3 ms·

> Otherwise they are simple gambling maybe I'm dumb but I thought gambling is the whole point

• olgkov 7mo ago
  It seems like two different definitions of 'point' are getting mixed. Yes, for many participants it feels like gambling. But structurally, prediction markets are closer to price discovery systems -like financial markets - where the side effect (or goal, depending on your view) is better forecasts, not just entertainment