Where should the Chinese prediction market explore?
It is hard to gauge people's hearts, and the Chinese hope for the West.
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The theory of randomness originated in gambling, and geometry naturally falls short by a third compared to the Greek sages.
The expression of quantifying uncertainty becomes the original proposition of probability theory, which is also the biggest difference between prediction markets and casinos. If you look at the documentation of PolyMarket, its defense argues that casinos have a house edge, and from the perspective of the law of large numbers, anyone who gambles for a long time is bound to lose.
Prediction markets are a two-sided game of PVP, where Polymarket does not charge users any deposit or withdrawal fees, nor does it take a cut on orders, completely avoiding any disturbance to randomness.
Not enough, PVP is not sufficient to make Market Price = Probability, more time is needed.