andros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agoInsider trading, but make it worseimagemessage-square134linkfedilinkarrow-up11.23Karrow-down18
arrow-up11.22Karrow-down1imageInsider trading, but make it worseandros_rex@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agomessage-square134linkfedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·2 months agoWhen the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up1·2 months agoIs that what you’re going to do?
minus-squareIronBird@lemmy.worldlinkfedilinkarrow-up1·edit-22 months 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.
Is that what you’re going to do?
By myself? Too poor.
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