andros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agoInsider trading, but make it worselemmy.worldimagemessage-square107linkfedilinkarrow-up11.2Karrow-down18
arrow-up11.19Karrow-down1imageInsider trading, but make it worselemmy.worldandros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agomessage-square107linkfedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·1 month agoWhen the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
minus-squareIronBird@lemmy.worldlinkfedilinkarrow-up1·1 month 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
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