Isn't the point of prediction markets to predict the outcome most accurately for forecasting? Insider trading would be an ideal way of doing that.
torlok•1mo ago
It's only the point if you want to facilitate betting without being regulated.
platevoltage•1mo ago
I think what you are describing is called polling. This is gambling. Insider trading would be like bringing your own deck of cards to the casino and not shuffling them.
Rick76•1mo ago
I think those prediction markets need to have the same regulations as casinos at this point.
anamax•1mo ago
While "insider trading" harms prediction market participants, insider trading provides useful information to prediction market observers.
metalcrow•1mo ago
torlok•1mo ago
platevoltage•1mo ago