You know what's wild? Someone could've just sat tight for 24 hours, then thrown that million into the opposite side of the bet instead. Different timing, totally different outcome. Wild how prediction markets basically function like traditional betting when you strip away all the blockchain talk—or am I missing something here? 🤔
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PumpStrategist
· 5h ago
The prediction market is just a rebranded form of gambling, merely wrapped in a blockchain shell. A one-day time difference with a reverse outcome, what does that indicate? It indicates that this thing has no alpha at all, it’s just about who hits the right timing. It’s a typical probability game, where most people lose simply due to timing judgment.
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SignatureVerifier
· 5h ago
honestly the timing arbitrage angle here is what nobody talks about. prediction markets aren't magically different, they're just... faster at exposing how badly people read the room. strip the crypto wrapper and you've got pure information asymmetry play, which technically speaking is just gambling with extra steps and a blockchain receipt lol
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LostBetweenChains
· 5h ago
Haha, this is the truth. The essence of a prediction market is advanced gambling; once you strip away the blockchain layer, that's it.
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ApeEscapeArtist
· 5h ago
Haha, really, just a day apart and the results are worlds apart, that's the market for you.
You know what's wild? Someone could've just sat tight for 24 hours, then thrown that million into the opposite side of the bet instead. Different timing, totally different outcome. Wild how prediction markets basically function like traditional betting when you strip away all the blockchain talk—or am I missing something here? 🤔