Comment by digiown
9 days ago
I don't think prediction markets work well for that. It is a market and you can't really prevent anyone else from benefitting from the same victims, which dilutes your earnings.
9 days ago
I don't think prediction markets work well for that. It is a market and you can't really prevent anyone else from benefitting from the same victims, which dilutes your earnings.
You don't need a perfect oracle to win on prediction markets. All it takes is enough influence to tip % in your favor. Card counting is very effective.
Yeah, as long as it's reasonably reliable, compound interest also adds up to turn even small ROIs into big wins across multiple investments.
I don't think it would be reliable enough. Small odds in favor of you and large variations (due to small market cap) require you to invest only small amounts based on the Kelly criterion, and I feel like the resources needed to carry out these influence campaigns are much more effectively used for other goals like political maneuvers.
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