I also read that there’s some rule chaneges (on what is considered yes/no) by polymark on some bets and general complaints, don’t know if those are just sore losers or valid but I’d read up on that if you want to bet on the platform, I never used the service.
naeap@sopuli.xyz 4 days ago
How does this work?
Who verifies, that a bet is done and which statement was correct?
InnerScientist@lemmy.world 4 days ago
Somehow
docs.polymarket.com/…/how-are-markets-resolved
Saapas@piefed.zip 4 days ago
I… what? And they’re using Discord to discuss stuff? Sounds legit
socsa@piefed.social 4 days ago
Oh God, it’s even more idiotic than I could have possibly imagined.
Skankhunt420@sh.itjust.works 3 days ago
Its even worse than that
coinmarketcap.com/…/polymarket-reports-unpreceden…
The whales can manipulate the bets and make themselves win even if it doesn’t happen.
I love crypto, but this shit is a pure scam.
naeap@sopuli.xyz 4 days ago
Thank you very much for the explanation!
Although I find 2h a bit short, especially for small betting pools, where there is a high chance that mostly people sleep, work or do something else
InnerScientist@lemmy.world 4 days ago
I also read that there’s some rule chaneges (on what is considered yes/no) by polymark on some bets and general complaints, don’t know if those are just sore losers or valid but I’d read up on that if you want to bet on the platform, I never used the service.
fartographer@lemmy.world 4 days ago
So, I can bet on whether I’m gonna shit my pants this year? Great way to lift my spirits if I were to shit my pants.
InnerScientist@lemmy.world 4 days ago
You’d have to convince enough people that you aren’t going to shit your pants first “@fartographer@lemmy.world”
nameisnotimportant@sh.itjust.works 4 days ago
I’m wondering the same thing as well, seems very risky