It doesn't really work, up until a few weeks before the NYC mayoral election. Polymarket had Andrew Cuomo winning by double digits.
It's a trash platform.
There are much better ways to tell if a prediction market is well calibrated than a single anecdote.
And if it works so poorly, there's a lot of easy money to be made.
There are much better ways to tell if a prediction market is well calibrated than a single anecdote.
And if it works so poorly, there's a lot of easy money to be made.