Comment by csomar
1 day ago
It is not a casino in the sense that in the casino you are better against the house. Polymarket is basically an arbiter with financial infrastructure.
1 day ago
It is not a casino in the sense that in the casino you are better against the house. Polymarket is basically an arbiter with financial infrastructure.
I don’t know how this works but assuredly polymarket takes a cut, right? So if we were betting on a coin toss on polymarket, the payout would be less than 2 for both heads ands tail after accounting for polymarket’s fee. That’s not different from the rake for a poker game in a casino?