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metalcrow 4 hours ago

Not by much, plus the volume is much lower on prediction markets, so people with large pockets who happen to be in power and are capable of doing big moves like this would make more money on the oil futures.

pinkmuffinere 4 hours ago | parent [-]

I wonder if there's profit to be made by looking at the futures markets, figuring out the implied probability distribution of different events, and then buying prediction markets when there's a mis-match? There sure are many inexperienced players entering predictions markets, just waiting to be fleeced...

metalcrow 3 hours ago | parent [-]

That's one of the intended uses of prediction markets! Although much like cryptocurrency arbitrage i assume the margins are small and will quickly be eaten by bigger fish.

pinkmuffinere 3 hours ago | parent [-]

Huh interesting. I suppose markets with low volume would tend to be the most profitable opportunities in that case? But then maybe they’re low volume because it’s hard to say what will happen…