Dan Romero
@dwr.eth
When Polymarket says your preferred candidate is winning: "Prediction markets are revolutionary! Much more accurate than polling." When Polymarket says your preferred candidate is losing: "Prediction markets are easily gamed by partisans!"
4 replies
1 recast
28 reactions
Jared π©
@javabu.eth
I have been trying, unsuccessfully, to find the accuracy for the 2022 election. Will share if I find anything.
1 reply
0 recast
4 reactions
Dan Romero
@dwr.eth
iirc, I think liquidity has been low for most elections prior. so curious to see how accurate it will be 7 days / 3 days / 1 day before. arguably more interesting is how many state sub-markets are accurate relative to polling.
1 reply
0 recast
1 reaction
Jared π©
@javabu.eth
That's what it looks like. As we get closer, it's not the polls but early voting numbers that have typically been the most accurate indicator for the election results. NFA, but I would look at predictions from local reporters like Jon Ralston in NV to influence my positions in polymarket. As political betting becomes legal and more popular, I wonder if it'll start influencing how people vote. https://www.bloomberg.com/news/newsletters/2024-07-25/polymarket-versus-pundits-crypto-offers-prediction-competition
1 reply
0 recast
1 reaction