silence7@slrpnk.net to Technology@lemmy.worldEnglish · 8 days agoMost Prediction Market Traders Are Losing Money While Bots Rack Up Gains | Data from millions of accounts shows that trading and profits are dominated by a tiny slice of highly active accounts.www.bloomberg.comexternal-linkmessage-square11linkfedilinkarrow-up1157arrow-down13
arrow-up1154arrow-down1external-linkMost Prediction Market Traders Are Losing Money While Bots Rack Up Gains | Data from millions of accounts shows that trading and profits are dominated by a tiny slice of highly active accounts.www.bloomberg.comsilence7@slrpnk.net to Technology@lemmy.worldEnglish · 8 days agomessage-square11linkfedilink
minus-squaresilence7@slrpnk.netOPlinkfedilinkEnglisharrow-up2·8 days agoNot an unexpected outcome, but it’s notably worse than with classic casino gambling because of the always-available model those firms have.
Not an unexpected outcome, but it’s notably worse than with classic casino gambling because of the always-available model those firms have.