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denotationalyesterday at 6:18 PM1 replyview on HN

It’s not really margin since there’s no leverage: the potential loss associated with the bet has to be deposited, so it’s fully collateralised.


Replies

postflopclarityyesterday at 6:35 PM

right, I guess I should have said it's what they have _instead_ of letting users trade on margin.