andros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agoInsider trading, but make it worselemmy.worldimagemessage-square106linkfedilinkarrow-up11.2Karrow-down18
arrow-up11.19Karrow-down1imageInsider trading, but make it worselemmy.worldandros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agomessage-square106linkfedilink
minus-squarefox2263@lemmy.worldlinkfedilinkEnglisharrow-up16·2 months agoHow does one bet on random things like this. What’s the website? I have a few predictions of my own…
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up12arrow-down1·2 months agoSo goodbye to your money for me
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 months agoThere’s some bets I wouldn’t mind losing.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up1·2 months agoHate to have to break it to you, but placing bets doesn’t alter the outcome.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·2 months agoWhen the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up1·2 months agoIs that what you’re going to do?
minus-squareIronBird@lemmy.worldlinkfedilinkarrow-up1·2 months agoeh, when there’s large discrepancies it’s more so about making $ on the swings up until the event passes. it’s called arbitrage, it’s not gambling if you know the actual likely result…then it’s just mathing out the risk/reward and win/loss ratios
How does one bet on random things like this. What’s the website? I have a few predictions of my own…
So goodbye to your money for me
There’s some bets I wouldn’t mind losing.
Hate to have to break it to you, but placing bets doesn’t alter the outcome.
When the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
Is that what you’re going to do?
By myself? Too poor.
eh, when there’s large discrepancies it’s more so about making $ on the swings up until the event passes. it’s called arbitrage, it’s not gambling if you know the actual likely result…then it’s just mathing out the risk/reward and win/loss ratios
Kalshi is the other big one