Comment on Insider trading, but make it worse
So goodbye to your money for me
There’s some bets I wouldn’t mind losing.
Hate to have to break it to you, but placing bets doesn’t alter the outcome.
When the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
eh, 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
Is that what you’re going to do?
explodicle@sh.itjust.works 3 weeks ago
There’s some bets I wouldn’t mind losing.
SpaceNoodle@lemmy.world 3 weeks ago
Hate to have to break it to you, but placing bets doesn’t alter the outcome.
explodicle@sh.itjust.works 3 weeks ago
When the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
IronBird@lemmy.world 3 weeks ago
eh, 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
SpaceNoodle@lemmy.world 3 weeks ago
Is that what you’re going to do?