I've been making this point for a while now. Prediction markets aren't what they seem—they're essentially rigged gambling wrapped in a legitimate package. The odds? Heavily stacked against retail players.
Take Polymarket as an example. Right now it's operating like a bloodbath. Jumping in without proper knowledge is like walking into battle blindfolded. Your survival rate? Pretty much zero.
Here's my take: we're witnessing the saturation point. The early narrative around prediction markets as fair, decentralized forecasting tools has hit its ceiling. What's left is a brutal reality where sophisticated actors and bots dominate the playing field, leaving regular traders with almost no edge. The asymmetry is brutal.
I've been making this point for a while now. Prediction markets aren't what they seem—they're essentially rigged gambling wrapped in a legitimate package. The odds? Heavily stacked against retail players.
Take Polymarket as an example. Right now it's operating like a bloodbath. Jumping in without proper knowledge is like walking into battle blindfolded. Your survival rate? Pretty much zero.
Here's my take: we're witnessing the saturation point. The early narrative around prediction markets as fair, decentralized forecasting tools has hit its ceiling. What's left is a brutal reality where sophisticated actors and bots dominate the playing field, leaving regular traders with almost no edge. The asymmetry is brutal.