Hacker News new | ask | show | jobs
by pwinnski 1951 days ago
Note that PredictIt offered similar options for all-cash users, and they were also still at 15% for Trump winning after he had clearly long lost.

This was not solely, or even primarily, a crypto thing.

1 comments

This was addressed in the article, though. PredictIt odds could've been skewed by:

* Maximum of $1000 being able to be invested on the platform

* A small fee being taken by PredictIt out of every bet.

So PredictIt odds were skewed by bet limits and fees, but you assert that the crypto markets, skewed to almost exactly the same degree, were instead skewed by the contrarian nature of crypto users?

Occam's razor suggests that when two different sites correlate so closely, their reasons are likely not so completely different.