How liquid are these election betting markets? 🤔 https://m.primal.net/LZJX.jpg
Not that liquid
they seem pretty liquid to me. people are betting big on the site as far as i can tell. the problem is one has to send funds to centralized blockchain projets. but im no expert.
Yeah, and crypto focused. Most crypto bros appear to be libertarian and conservative. So, it’s not getting an unbiased liquid bet.
...another issue is the site could be playing with the spreads, meaning they have all these tokens and they can manipulate the line in theory to get desired results aka max value. imagine if a sports book could re bet the funds they have on hand (which i suppose they do but its harder to get away with in fiatville)
Exactly. Dave Collum brought this up with Marty.
@Translator Spanish
I just wrote about this. nostr:note18yyavrt3qdhgkun7eupkwrs4nusthc70f8v8n2u5r49e0ej4x79qx75tyx