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100 sats \ 1 reply \ @mf 22 Mar \ on: 📈 What will Bitcoin's price be on March 28? econ
Why is the Yes cheaper?
YES corresponds to the probability, The price of NO is calculated as (1 - YES Price = NO Price )
When you're betting on NO, basically you're betting YES on all the other option, except the the one you bet NO on. That's why it turns out to be expensive than YES. In simple words its the price for bets on YES of six other options.
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