silence7@slrpnk.net to Technology@lemmy.worldEnglish · 3 days agoMost Prediction Market Traders Are Losing Money While Bots Rack Up Gains | Data from millions of accounts shows that trading and profits are dominated by a tiny slice of highly active accounts.www.bloomberg.comexternal-linkmessage-square8linkfedilinkarrow-up12arrow-down10
arrow-up12arrow-down1external-linkMost Prediction Market Traders Are Losing Money While Bots Rack Up Gains | Data from millions of accounts shows that trading and profits are dominated by a tiny slice of highly active accounts.www.bloomberg.comsilence7@slrpnk.net to Technology@lemmy.worldEnglish · 3 days agomessage-square8linkfedilink
minus-squareIronBird@lemmy.worldlinkfedilinkEnglisharrow-up1·3 days agothe real $ in prediction markets (unless you have inside info) is in knowing how to arbitrage a spread, making a bot to do so is pretty straitforward. that’s how the majority of the stock market works as well, the biggest casino in town.
the real $ in prediction markets (unless you have inside info) is in knowing how to arbitrage a spread, making a bot to do so is pretty straitforward.
that’s how the majority of the stock market works as well, the biggest casino in town.