| ▲ | boringg 5 hours ago | |||||||||||||||||||||||||
Is there a bet available to determine if the weather forecasted was impacted by a hair dryer? | ||||||||||||||||||||||||||
| ▲ | LeifCarrotson 2 hours ago | parent | next [-] | |||||||||||||||||||||||||
That's effectively what all the 99% or 1% prediction markets are: a bet that an asteroid will destroy the planet or that the Rapture will occur or that we'll all upload our consciousnesses into computronium or whatever is not actually a bet that those events will happen (and that the site and enough of the economy will survive to allow you to collect and spend your winnings), it's a bet that the market will resolve incorrectly. | ||||||||||||||||||||||||||
| ▲ | cosmojg 5 hours ago | parent | prev [-] | |||||||||||||||||||||||||
That's not a bad idea. It actually sounds like it could be a very useful hedge/insurance play. | ||||||||||||||||||||||||||
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