Comment by AtNightWeCode
1 hour ago
Historically similar services have also been used to try to manipulate the real world by using bets for creating opinions. Like if you get to vote between candidate x and y and x leads by 75% to 25% on Polymarket maybe you don't vote for y even if the real numbers may be way closer.
That opens up very fast to a very expensive arbitrage (on the manipulating party)
It is marketing money so it is not even for arbitrage. And you don't need to provide all the liquidity. Just enough to tilt the result.