I think it 100% depends on what markets you’re looking at.
If you’re betting/trading on sports (80% prediction market activity by volume, you are 100% up against Susquehanna. Doubly so if you’re predicting combos because there is not nearly enough liquidity.
There are multiple parties involved when you place a trade on a prediction market and all of them get paid.
I’m not stating that there’s no market a relatively unsophisticated investor can take advantage of just pushing back on the idea that PMs are PvP
If you’re betting/trading on sports (80% prediction market activity by volume, you are 100% up against Susquehanna. Doubly so if you’re predicting combos because there is not nearly enough liquidity.
There are multiple parties involved when you place a trade on a prediction market and all of them get paid.
I’m not stating that there’s no market a relatively unsophisticated investor can take advantage of just pushing back on the idea that PMs are PvP