Hacker News new | ask | show | jobs
by blibble 958 days ago
> I've heard this argument before: you're fully capable of making tons of money, but not particularly interested in proving it for some reason.

you have completely misunderstood

I have zero interest in losing money by "investing" in outcomes of events that are essentially random

because it's not investing, it's gambling

1 comments

It is something of both. Like playing Poker can be gambling, yet one can also play it seriously and systematically earn money.

The difference is that a Poker tournament is just entertainment for the audience. With prediction markets there is the very useful side effect of accurate forecasts.