Elie
@elie
If prediction markets (Polymarket in the graphic) say something is 25% likely to happen, it really is ~25% likely to happen. For example, in the chart you'll see events that are expected to happen 22.5% of the time (25% bracket), are predicted to happen 21-22% of the time by Polymarket bettors. Pretty close. https://dune.com/alexmccullough/how-accurate-is-polymarket It's easy to look at events after the fact and think they were 100% certainties. e.g. "Trump was certain to win the election". But the markets at the time were saying it was a coinflip ~55%. Hard for many to understand this after the fact. But markets are well calibrated with reality.
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Hiponax🐹
@hiponax.eth
Thank you for this information 🙏🏻
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