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184 sats \ 23 replies \ @OT 26 Sep 2024 \ on: Predyx | Advanced Prediction Markets with Lightning Network Integration oracle
This is cool!
I have someone on nostr that wants to bet me on the results of the US election. Maybe we can just use this instead.
I just bet on both Kamala and Trump to lose. There was an arbitrage opportunity, so I'm guaranteed to win some sats.
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Yes, you can for sure arbitrage in the initial stage. Markets are very thinly traded for now. Have fun!
Interesting. The spreads look pretty close. Hope you bet big!
What does the platform take BTW?
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I didn't. I just thought it was funny.
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Its 0% fee for now. We will add fees in Release 2.
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The odds on these markets are not properly set. Lots of opportunities here.
Chiefs win Super Bowl 2025? currently has roughly 50:50 odds. Clearly the chance of any single team winning the Super Bowl is less than 50%.
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Yes its an early market! We didn't want to set the odds. We will let the market decide which way it wants to take it.
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Yep, that's the other one I took.
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Freak accidents happen. Either of the main candidates can fall out of the race still and be replaced by a surprise winner. A third-party candidate may steal it. Elections may be cancelled. Also, humans are bad at estimating chances/risks in general, especially for low-probability events.
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Exactly, they can't both be "yes" but they can both be "no".
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Soon in Release 2, you'll be able to create your own private market and only you and your invited friends can bet.
For now, please request any markets that you'd like to be created for you and your friends, it'll be public market though.
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