Re:Prediction Markets Beat Polls
by nstj on Wednesday November 18, 2020 @02:01AM
(#25133940)
what’s a ‘balanced’ contract?
[ Parent
| on HN ]
I would be guessing that it's one where equal amounts of money are bet on each side/ there's a 50% probability of the result going either way.
Re:Prediction Markets Beat Polls
by IfOnlyYouKnew on Wednesday November 18, 2020 @01:23PM
(#25140353)
A market where expected returns are 1, I. e. the implied probabilities sum to 100%