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Ross Shuel pfp
Ross Shuel
@shuel.eth
What are some examples of prediction markets getting it wrong? E.g. prediction markets believed Hillary would win the 2016 US presidential election. Trying to build a comprehensive list of examples. Also curious as to strong counter-examples I.e. prediction markets were right & contrary to the “professionals”
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TommyJo ✈️ @ ethcc 🎩 pfp
TommyJo ✈️ @ ethcc 🎩
@tommyjo.eth
Let me pull some I've found. Any chance your going to open source the list when your done? Would love to see them
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xh3b4sd ↑ pfp
xh3b4sd ↑
@xh3b4sd.eth
I would like to see the efficacy of polymarket for once. I haven't been able to find a way to automate insights for whether the betting majority was actually able to predict the outcome. Manual counts have not been conclusive and rather random.
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Meowstein pfp
Meowstein
@sarcl
I think you can try to monitor the prediction markets created on Fore Protocol(https://app.foreprotocol.io/) as anyone can create one there and this way I think one can have a lot more insight.
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pes🎩 pfp
pes🎩
@razdva
They don't predict yes/no win/lose, they give a probability. So you actually want to see was the last 100000 elections that predicted to XYZ a win with a 60% odds and compare it with a real outcomes. Anything below/above 60% will be either a failure of traders either measurement error.
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