Previous suggestion on LessWrong suggests that savy uses of PolyMarket don’t do that. They would create a Yes/No share pair and then sell the No for a few of 2% of $0.09.
This is true. Polymarket has a couple of tricks to save on fees.
I don’t think that’s the case. Having access to an accurate probability about whether the Olympics will tell local hotels about how important it is to have a lot of beds available. It will tell AirBnB whether it makes sense to run ad campaings to get people to rent out their homes for hosting tourists that come for the Olympics.
I agree with you. Didn’t really think of this to be honest!
This is true. Polymarket has a couple of tricks to save on fees.
I agree with you. Didn’t really think of this to be honest!