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Predix makes a killing off people’s ignorance. That’s how the game works.

Are you alleging something here?

That’s not specific to Predix, it’s how the whole betting industry works.

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102 sats \ 3 replies \ @grayruby 2h

It should be noted that Predyx being in beta, besides the costs of operations, has lost a ton of sats standing up all these markets with very little fees earned so we can all essentially beta test the product. They are far from making a killing, quite the opposite in fact.

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20 sats \ 1 reply \ @0xbitcoiner 2h

I might’ve used a bit too strong wording, that wasn’t what I meant. Go easy on me, English isn’t my first language.

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šŸ‘šŸ‘

I think you should start using Predyx just casually maybe and you will better understand it's not similar to betting or sportsbook providers at all.

You can even start with 1 sat, also Predyx is a Bitcoin product which we can appreciate.

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To that point, the reason they charge higher fees on purchases than sales is that they lose money on average when people participate in their markets.

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