andros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 7 days agoInsider trading, but make it worselemmy.worldimagemessage-square136linkfedilinkarrow-up11.23Karrow-down18
arrow-up11.22Karrow-down1imageInsider trading, but make it worselemmy.worldandros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 7 days agomessage-square136linkfedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·7 days 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-up1·6 days 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.
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
Is that what you’re going to do?
By myself? Too poor.