A New Prediction Market Lets Investors Bet Big on Almost Anythingbloomberg.com 15 pointstwog4 years ago3 commentsSaveHideCopy link On HNComments−nootropicat4yIt's not exactly new? There were several general betting market in crypto, but they never got much popularity.https://augur.net/https://polymarket.com/−altdataseller4yNothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.−sorokod4yliqudity is the technical term.Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.
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It's not exactly new? There were several general betting market in crypto, but they never got much popularity.
https://augur.net/
https://polymarket.com/
Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.
liqudity is the technical term.
Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.