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There are quite a few of those, my favourite: https://polymarket.com/event/will-jesus-christ-return-before-2027 https://polymarket.com/event/will-jesus-christ-r
by fer 6mo ago
There are quite a few of those, my favourite: https://polymarket.com/event/will-jesus-christ-return-before-2027 https://polymarket.com/event/will-jesus-christ-return-before...
If you put all your money on no, you get 4% if you win, and if Jesus comes back and you lose, money won't matter.
- gruez 6mo ago>you get 4% if you win, This locks up your money in the meantime, right? If so, considering the fed funds rate is 3.64% (and you can probably get higher rates on stablecoins), a huge chunk of those "winnings" is going to be eaten up by the opportunity cost of the money.
- Lockal 6mo agoYou forget that Polymarket is just a casino, and the house always wins. For example, recent events show that any bet can be selectively disputed by arbitrary reason ("we found insiders", "we found this immoral/illegal", etc.). And for perpetual events - there is not a single week without a hack (https://www.web3isgoinggreat.com/ https://www.web3isgoinggreat.com/)