technocrit@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-22 days agoPope Betting Odds: Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Outwww.coindesk.comexternal-linkmessage-square14linkfedilinkarrow-up181arrow-down115file-text
arrow-up166arrow-down1external-linkPope Betting Odds: Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Outwww.coindesk.comtechnocrit@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-22 days agomessage-square14linkfedilinkfile-text
The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls. https://archive.is/Qc8RH
minus-squareIsaamoonKHGDT_6143@lemmy.ziplinkfedilinkEnglisharrow-up15arrow-down1·2 days agoWhen you can’t manipulate the outcome, you’re almost guaranteed to lose.
When you can’t manipulate the outcome, you’re almost guaranteed to lose.