alt Hacker NewsI've heard people say this but it really only makes sense if you don't think about it for more than 10 or 20 seconds.
Prediction markets by definition always resolve to one side being completely wiped out and losing everything. Stocks going to zero happens pretty seldomly, in prediction markets it's guaranteed to happen every single time.
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slibhb • yesterday at 9:06 PM
That's only true if you leave your money in...which you don't have to do.
You can play prediction markets by betting on a swing. E.g. I made a few hundred dollars betting on Harris in 2024 when Trump was at ~65% odds and then selling before the election when it was closer to 50%.
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losvedir • yesterday at 9:25 PM
So options markets then?
Prediction markets are not binary options. They are closer to a liquid equity option market (and most equity option markets aren't liquid at all). That means you can trade into and out of positions at any time and for different prices depending on where the market is. You can even do time spreads where you can't lose it all no matter what happens. Maybe your 10 or 20 seconds of thinking wasn't as perfect as you think since you don't seem to understand how prediction markets actually work.