7 ms·
A risky bet can give back much more than 3x the money. Take this absurd one for example, it seems like it's offering up to 9x on a yes bet right now: https://po
by concats 8mo ago
A risky bet can give back much more than 3x the money. Take this absurd one for example, it seems like it's offering up to 9x on a yes bet right now: https://polymarket.com/event/us-civil-war-before-2027 https://polymarket.com/event/us-civil-war-before-2027
(I don't know how much volume is available, nor do I endorse betting on either side of things like this)
- smeej 8mo agoFor a few shares, sure, but not if you come in at 10% of the whole market in volume. That would eat a huge chunk of the open order book, causing a massive trading wick. You can't buy very many shares at that 9x value.