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69 sats \ 1 reply \ @south_korea_ln OP 18 Dec \ parent \ on: prediction markets aren't just gambling oracle
Do you know of examples where prediction markets gave useful information other than for presidential elections?
How useful does it have to be?
The markets around Fed rate cuts have been fairly active and accurate. That helps people make financial decisions.
Much smaller things can be useful though. Knowing your team’s chances of making the playoffs can help with planning social events or travel around it, for instance.
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