@haybro223
I’ve only just started exploring prediction markets and noticed an opportunity to pick up some percentage gains.
In events with many possible outcomes, you can sometimes find orderbook inefficiencies where the total price of all outcomes adds up to less than $1.
Examples: how many goals will be scored in a match, or how many encore songs an artist will play at a concert - outcomes that are independent of the event itself.
Three outcomes, or 3+. Prices like 0.12, 0.41, 0.37 cents, etc. With more outcomes, due to a skewed orderbook, the total can add up to $0.90
By buying proportionally across all outcomes, the mechanic is simple. One of the outcomes will resolve as true and settle at $1 anyway meaning you generate volume on market and lock in roughly 10%.
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