logoalt Hacker News

buellerbuelleryesterday at 8:23 PM1 replyview on HN

what are these "actual odds" and if you have the time machine that lets you observe the necessary outcomes to calculate them, why are you bothering with making money on betting markets?


Replies

PowerElectronixyesterday at 10:05 PM

The "actual odds" is that if you get, say, 100 bets that were at 10% yes when the bet was resolved, you'll see that around 10% closed yes and 90% closed No.