
I don’t really get the fear that someone would “artificially” prop up the odds of a candidate on a prediction market.
There are a lot of sharp market participants that would love to take the other side of an inflated price.
Like how would this even work in practice? Someone will post a ton of liquidity at an inflated price for millions of dollars and you think people wouldn’t rush to take the other side?
I could maybe see someone market buying an illiquid book to distort the price for like a minute but it seems pretty far fetched that this would influence an outcome.
Nick Reynolds@IAmNickReynolds
Wrote this weekend about the role of the humble prediction market in the governor's race, and the implications of unknown entities essentially being able to "buy" their way to a good position. postandcourier.com/politics/predi…
English
