andros_rex to A Boring Dystopia · 3 months agoInsider trading, but make it worseimagemessage-square129linkfedilinkarrow-up11.24Karrow-down18
arrow-up11.23Karrow-down1imageInsider trading, but make it worseandros_rex to A Boring Dystopia · 3 months agomessage-square129linkfedilink
minus-squareSpaceNoodlelinkfedilinkarrow-up1·3 months agoHate to have to break it to you, but placing bets doesn’t alter the outcome.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·3 months agoWhen the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
minus-squareIronBirdlinkfedilinkarrow-up1·3 months agoeh, when there’s large discrepancies it’s more so about making $ on the swings up until the event passes. it’s called arbitrage, it’s not gambling if you know the actual likely result…then it’s just mathing out the risk/reward and win/loss ratios
Hate to have to break it to you, but placing bets doesn’t alter the outcome.
When the total amount wagered is large relative to the event, it creates an incentive for people to do things about it.
Is that what you’re going to do?
By myself? Too poor.
eh, when there’s large discrepancies it’s more so about making $ on the swings up until the event passes. it’s called arbitrage, it’s not gambling if you know the actual likely result…then it’s just mathing out the risk/reward and win/loss ratios