> No fortune 500 CEO is going to postpone a product launch so they can win $5,000 on polymarket

They would win a lot more than a trivial amount by taking adverse positions, no? Seems like you're making up your own hypothetical

▲

WarmWash 8 minutes ago | parent | next [-]

They can take any position they want and do whatever they want, the point is that these oddball markets are very thin so there just isn't much money there to harvest. You can only bet $50M at your chosen risk if you can find enough people to take the other side, and these markets simply don't have many participants betting much money.

Think of it like kids betting pennies what subject the teacher will open with the next day. The teacher doesn't care about winning $0.89, but the kids do.

	▲	freejazz 5 minutes ago \| parent [-]
		It seems like it's a huge assumption on your part that the bets you are describing are in the "0.89" range and not something significantly higher, even disregarding what others pointed out about this having already provably occurred.

▲

entropicdrifter 43 minutes ago | parent | prev [-]

Yeah, they unironically just attacked a strawman and sat of their laurels