Why Almost Everyone Loses.. Except a Few Sharks on Prediction Markets
https://www.wsj.com/finance/investing/polymarket-kalshi-betting-profits-prediction-markets-eb23ac11?mod=mhp
Posted by mahend72
Why Almost Everyone Loses.. Except a Few Sharks on Prediction Markets
https://www.wsj.com/finance/investing/polymarket-kalshi-betting-profits-prediction-markets-eb23ac11?mod=mhp
Posted by mahend72
3 Comments
Prediction markets where most people guess… and a few people get rich from those guesses.
Same reason why in crypto few whales cash in all the liquidity while others hold bags forever
It’s a negative EV game just like most gambling (factoring in the fees) so obviously most people are going to lose unless you have some REAL edge.