Comment by sowbug
2 days ago
But, one silver lining, maybe, is gamblers are a little less likely to fall for fake news. Maybe?
Only in a truth-agnostic sense. Good gamblers in player-banked games (poker; rock, scissors, paper) vs house-banked games (slots) are good at figuring out what the other guy is representing. The actual truth is much less significant.
Well, assuming they're paid out truthfully, it does incentivize learning the actual truth. Unless you're saying that the oracles are falling for fake news? Or you're saying people are intentionally buying the wrong option, getting other people to believe it, and then selling before it becomes worthless? That seems harder than just buying the right option unless you already have a ton of influence to burn.