Comment by roflyear
1 day ago
well, at least for really odd ones - like the china example - the liquidity is (probably) going to be really low. you need people buying both sides to make money.
But for big events/talked about stuff/etc ofc this is not true.
Again - Its not the money I care about, its what people are willing to do to make it.
If there's not much money to be made (because of illiquidity and adverse selection keeping market participants out), then there's not much incentive for people to do weird things.