@metadavid

I’m curious, why do some people complain about insiders on Polymarket? I always thought that’s a feature not a bug of prediction markets. They’re more accurate than polls and virtually any other mechanism for predicting the future because you’re incentivized to bet on the outcome if you have extra information, and that helps make the prediction more accurate. I mean, if you don’t have that extra information and just like to put money on outcomes, that’s gambling, and that’s cool too, but you’re playing against more informed players. Understand there is a moral hazard about even these platforms to exist, but that’s a different conversation. I’m referring strictly to complains about insider trading / “unfair advantage.” Also ignoring sports because that’s a different beast all together. What’s the blind spot I’m missing?

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