It's the same as with crypto rug pulls, nobody is going to fall for that several times. Was still money to make in that before everyone and their grandma wisened up.
replyI don't think prediction markets work well for that. It is a market and you can't really prevent anyone else from benefitting from the same victims, which dilutes your earnings.
replyYou don't need a perfect oracle to win on prediction markets. All it takes is enough influence to tip % in your favor. Card counting is very effective.
replyYeah, as long as it's reasonably reliable, compound interest also adds up to turn even small ROIs into big wins across multiple investments.
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