Peter Kao on Mythryl: “Prediction markets can be gamed easily according to…”

Prediction markets can be gamed easily according to www.jbecker.dev/research/pre... Just place limit orders and let others trade into you. Sell 'Yes' since people overpay for them. Focus on high-emotion, low-expertise categories like sports, entertainment, crypto.

jbecker.devThe Microstructure of Wealth Transfer in Prediction MarketsSlot machines on the Las Vegas Strip return about 93 cents on the dollar. This is widely considered some of the worst odds in gambling. Yet on Kalshi, a CFTC-regulated prediction market, traders have…

21/1/26, 7:20 pm0 reposts1 like

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