as many people are saying, polymarket wasn’t more accurate than polls in 2020, it got it wrong. less people used it but also less weird money trying to manipulate it

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

Isn’t a fairly betting popular strategy to take the long shot? Does Polymarket counter this by not having odds? Like for example if the prize is not based on odds but rather total value of the votes, then wouldn’t that lead to bandwagoning? I just don’t see how this is “accurate” in any sense of the word. The problem with polling is small sample size. But the people you ask are literally telling you who they’re voting for, so it’s as “accurate” as any self-reporting can be.

writing stuff about decentralization • thumbsup.me

*popular betting strategy. God damn my dyslexia when editing