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while Predix makes a killing off people’s ignorance. That’s how the game works.
This is where you did.
I’ve explained it already, and you’ve read my explanation. There’s no need to start drama!
You know better what you said. For me your explanation and the context did not match.
Anyways, Predyx isn't betting market afaict.
That's it.
Anyways, Predyx isn't betting market afaict.
No?
I think it's fair to use "betting" or "gambling" to describe the participant side.
Why I see prediction markets as being different than traditional books, is that the platform isn't trying to lock people into losing positions, which is how people get in trouble with gambling.
I feel you, but let's be real: calling it a 'prediction market' is just a fancy word for gambling. I know you know! Ahahah
This might seem pedantic, but I do think it's more than a branding difference.
It's called a prediction market because there's buying and selling amongst the participants and freely moving odds. Those odds are a crowd-sourced information output.
So, the prediction market platform is using the gambling service as an input to produce the public good of information.
No intrigue, please!
👀 #1357162
This is where you did.
They could have easily dodged it, or might have just boosted 69k sats. They did much more, can be something as marketing. Or maybe a return to stackers (~Stacker_Sports) for supporting them.
This makes it clear why he did such as big boost.
#1355829