| ▲ | ToValueFunfetti 3 hours ago | |
Prediction markets' business model is taking transaction fees from contracts between independent counterparties. Kalshi won't go bankrupt no matter how much you make there (though 'people' collectively will make negative [fees + taxes]). | ||
| ▲ | monknomo an hour ago | parent | next [-] | |
these fees are a bog standard casino rake, a vig. this is just fancy window dressing on a bookie. | ||
| ▲ | excannuk 2 hours ago | parent | prev [-] | |
[dead] | ||