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▲Prediction Market Accuracy: Crowd Wisdom or Informed Minority? (papers.ssrn.com)

9 points by Anon84 6 hours ago | 1 comment

avaer 12 minutes ago [-]

TLDR (of the paper): prediction markets are basically a scam with extra steps. If you're not in on the scam (top 3%), you're the sucker (the liquidity).

aaron695 3 hours ago [-]

[dead]

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