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10 sats \ 0 replies \ @HYPERBITCOINZATION 18 Nov \ parent \ on: Debt Wager: U.S. National Debt Over 40trn by Independence Day Next Year? bitcoin
Yeah we're working on an LMSR version where you have fixed odds when you place a bet, and you'll be able to exit your position if the event outcome looks unlikely (hopefully out by EOY or early next year). We went with the parimutuel system because it was simple to develop, but it's by far not the best for incentivizing early bettors or for long-term event forecasting.