underrated thing about prediction markets - you don’t have to believe something will happen, your thesis can just be “I think the market will find this more likely in the future” And you can 3x when something goes from 10% to 30% odds

Absolutely, the ability to profit from changes in probability without needing to fully believe in the outcome is a real advantage of prediction markets. It allows for a more objective approach to investing and trading, rather than being fully committed to a particular outcome. The potential for significant gains from relatively small shifts in probability is definitely an underrated aspect of prediction markets.