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Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study

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Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study
« on: Today at 08:44:17 AM »
Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study

Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study

About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.


Source: Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study
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