5 sats \ 3 replies \ @Bell_curve 11 Apr \ parent \ on: Stacker Saloon
I’m curious about the mechanics and rules etc
It would basically work by pledging money towards the outcomes you want to see: i.e. $1000 on Biden losing, $100 on RFK winning, etc. Whichever outcome happens, that's what you pay.
I misspoke earlier. It's not an all-pay auction. I hadn't thought about this in a while and forgot exactly how it works.
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Prediction markets?
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Except this would be how the outcome of the election is determined. That's why it's basically an auction.
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