That logic doesn't work because not every bet have even payouts. If there's a market for whether a dice rolls 1 or not, the odds might resolve to "no" 83% of th

That logic doesn't work because not every bet have even payouts. If there's a market for whether a dice rolls 1 or not, the odds might resolve to "no" 83% of the time, but if it only pays you $1.1 per dollar wagered on "no", you're still losing money.