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How are we supposed to come to a prediction, if wagers are disallowed? The primary function of prediction markets is to reflect real world probabilities in ter
by kelseyfrog 7mo ago
How are we supposed to come to a prediction, if wagers are disallowed?
The primary function of prediction markets is to reflect real world probabilities in terms of price in order to make better decisions. Without this function, we're acting in the dark.
- ceejayoz 7mo ago> How are we supposed to come to a prediction, if wagers are disallowed? The same way we predicted things before "prediction markets" suddenly showed up?
- kelseyfrog 7mo agoWithout 'skin in the game'? Preposterous
- scared_together 7mo ago> in order to make better decisions If Pete Hegseth bets against the pilot’s rescue, then deliberately prevents the pilot’s rescue in order to win his bet, then that would not improve prediction-making or decision-making in any way. Prediction markets should stick to the weather.