alt Hacker NewsI wonder the same thing: who is taking the other side of these bets?
Probably not institutions, so it’s just retail gambling against insiders?
I wonder the same thing: who is taking the other side of these bets?
Probably not institutions, so it’s just retail gambling against insiders?
On prediction markets there are plenty of inefficiencies; e.g. an MM could take both sides of the bet when odds don’t add up to 1, which apparently happens more often than we all think