alt Hacker NewsAs someone who makes their living doing PMs this is far from the reality. There's lots of markets that are beatable without a latency edge. Also anyone can apply to be co-located with their servers if you do KYC.
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vgatherps • today at 4:50 PM
While this is true, retail click traders are still not remotely on the same playing field in any regard as an electronic trading desk who takes the market seriously.
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I think it 100% depends on what markets you’re looking at.
If you’re betting/trading on sports (80% prediction market activity by volume, you are 100% up against Susquehanna. Doubly so if you’re predicting combos because there is not nearly enough liquidity.
There are multiple parties involved when you place a trade on a prediction market and all of them get paid.
I’m not stating that there’s no market a relatively unsophisticated investor can take advantage of just pushing back on the idea that PMs are PvP