alt Hacker NewsIf polymarket were staking wagers on its own platform, then it would have to worry about the integrity of the contracts, which is a nonstarter
Replies
mcmcmc • yesterday at 5:28 PM
Why do you think it’s a nonstarter when so many of these new platforms do commit fraud all the time and get away with it? It’s only a problem if they get caught, and then only if people actually pay attention enough to care
You're wrong. The big prediction markets (Polymarket, Kalshi) employ in-house market makers and contractors. They provide liquidity for less-active contracts. They generally are not profitable.