A New Prediction Market Lets Investors Bet Big on Almost Anything (opens in new tab)

(bloomberg.com)

15 pointstwog3y ago3 comments

3 comments

It's not exactly new? There were several general betting market in crypto, but they never got much popularity.

Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.

sorokod3y ago

liqudity is the technical term.

Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.

j / k navigate · click thread line to collapse

3 comments

nootropicat3y ago

It's not exactly new? There were several general betting market in crypto, but they never got much popularity.

https://augur.net/

https://polymarket.com/

altdataseller3y ago

Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.

sorokod3y ago

liqudity is the technical term.

Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.

j / k navigate · click thread line to collapse