https://decrypt.co/286923/us-presidential-election-2-billion-volume-polymarket
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misterwigger
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My father made wigs. His father made wigs. And his father... made... wigs!!!
2mo ago
(decrypt.co)
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#309563
US Presidential Election Tops $2 Billion in Betting Volume on Polymarket - Decrypt
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I don't fully understand how betting odds work, is this 60/40 trump prediction accurate or is it just the result of rightoids betting the farm on drumpf?
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It's accurate to the point that if the odds are mispriced, then smart money would buy the Kamala position since that would mean it's currently undervalued. Either people are leaving free money on the table, or there's a 60% chance trump wins.
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Stupid people are willing to lose money to support their meme daddy
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!slots150
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Then take advantage of the free money by taking the other side of the bet
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But intelligent people don't bet so there is no smart money.
!slots100
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!slots100
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Afaik there was some rich dude in France who dumped a ton into Trump and skewed the odds.
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!slots200
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The latter. They dumped gorillions on drumpf causing his "odds" too skyrocket.
If you compare top Holders it's pretty obvious it's just few accounts driving the price up:
A single drumpf holder sank more money into it than top 8 for Kamala together
Trans lives matter
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There's 60% chance that it's the latter.
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