Presumably it's a negative expected value game - the company running it has to m... | Hacker News

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		gpm 29 days ago \| parent \| context \| favorite \| on: Prediction markets are ushering in a world in whic... Presumably it's a negative expected value game - the company running it has to make money after all... so likely not.

pyrolistical 29 days ago [–]

Prediction markets don’t need a bookie. Each bet has another real person taking the other side.

It’s more like the stock market brokerages. They just take a fee on each trade and don’t need to give you a spread over the stock price

gpm 29 days ago | [–]

This subthread is not about prediction markets

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