Comment on Insider trading, but make it worse
SpaceNoodle@lemmy.world 5 days agoHate to have to break it to you, but placing bets doesn’t alter the outcome.
Comment on Insider trading, but make it worse
SpaceNoodle@lemmy.world 5 days agoHate to have to break it to you, but placing bets doesn’t alter the outcome.
explodicle@sh.itjust.works 5 days 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 4 days 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 5 days ago
Is that what you’re going to do?
explodicle@sh.itjust.works 5 days ago
By myself? Too poor.