I'm so tired of hearing this explanation. It completely ignores reality. As everyone has said, what's the point? You get information 2 minutes ahead of time? But how do you know that guy actually has the real info? Because he put a lot of money on it? Okay, then how am I supposed to make use of that information.
I'm so tired of people parroting this line as if it somehow explains everything. These new Prediction Markets are nothing but a new way of gambling. period.
I'm so tired of people parroting this line as if it somehow explains everything. These new Prediction Markets are nothing but a new way of gambling. period.