Not sure why the dumb money keeps playing. If you're not the insider the person you're trading against is.

doomslayer999 a day ago | parent | next [-]

Because its an event contract with a defined upside/downside and time horizon. You know exactly what you stand to lose and gain and when. Makes it a valuable part of some intricate financial strategies.

	▲	tokenless 2 hours ago \| parent [-]
		Plus casinos exist. Why do people play blackjack.

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taylorius a day ago | parent | prev | next [-]

"the dumb money"

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pocksuppet a day ago | parent | prev [-]

Because you think you can predict the probability of the insider insidering each way and place a bet before they insider