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Cthulhu_yesterday at 9:34 PM2 repliesview on HN

This is the truth of the matter, ultimately nobody wins except the bookie, who profits either way.


Replies

erutoday at 3:01 AM

Hedging can itself be a useful service, even if the customer doesn't make money on average. Have you heard of insurance?

benmannstoday at 12:42 AM

On Polymarket you can be the bookie and put up a yes at $0.72 and no at $0.74 if you’re confident in that 73% estimate.