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by wslh 56 days ago
Are there markets where people can bet on bankruptcy rates too? Gambling increases bankruptcies, and then people gamble on the bankruptcies.
3 comments

after word spreads of easy pickings, funds swell into bankruptcy rate contracts. the success stabilizes average losses across Kalshi portfolios; the bankruptcy rate falls.

after smart money then moves to predicting the period of the oscillations, …

Relevant snl skit: https://youtu.be/wXZNuwY_5-U
Double or nothing!