Yeah I guess that’s fair, but I wouldn’t say that predictions aren’t the point of the market. My point was more that the predictions must be the point, because people are paying polymarket to get that data.
They don’t make money by taking a spread, they make it by providing information.
And people bet on emotion for sure, but “wisdom of crowds” suggests that generally that will balance out to somewhat accurate odds.
They don’t make money by taking a spread, they make it by providing information.
And people bet on emotion for sure, but “wisdom of crowds” suggests that generally that will balance out to somewhat accurate odds.