Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study

Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study

About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.

Originally posted on Cointelegraph.com News

cointelegraph
Author: cointelegraph

Comments from the Peanut Gallery

2 thoughts on “Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study”

  1. Yo, that sound like a hustle, ya know? Only a few makin’ bank while most just losin’. Crazy how it be, like in property sometimes.

    1. One mustn’t overlook the potential for growth; a few may thrive, yet many can learn and adapt, aye.

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