There’s Only One Rule for Prediction Markets — Ignore It and You’re the Sucker
Picture a poker table. You’re playing your hand straight. But the guy across from you can see your cards — not because he’s clever, but because somebody’s holding a mirror behind you. That’s a prediction market. If you haven’t run into these yet, you will. They’re websites where you bet real money on what’s going to happen: elections, wars, what a CEO says on an earnings call…
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