logoalt Hacker News

socalgal2yesterday at 11:14 PM1 replyview on HN

Apparently, according to you, lots of people are spectularly stupid because the only way you make money in a prediction market is for someone to bet on the opposing view point.


Replies

jagged-chiselyesterday at 11:28 PM

And how else would one make money in a prediction market? The winner isn't paid from the ether; money doesn't just materialize to pay the winner.