Already priced in.
The author also noted: > yes this has to buy below 0.73 long term, the bot has a configurable ceiling set at 0.65 and checks for new markets buying closer to .5 https://x.com/sterlingcrispin/status/2043685362812461436
Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
21–30 of 298 posts
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#22And the chance of losing at least once in a 99% sure bet after 100 rounds is around 60%. Even if you reduce to 30 rounds it still is around 30%.
This may seem smart at first glance, but the math doesn't really checks out.
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#23Earlier quoted context omitted.
The author also noted: > yes this has to buy below 0.73 long term, the bot has a configurable ceiling set at 0.65 and checks for new markets buying closer to .5 https://x.com/sterlingcrispin/status/2043685362812461436
What happens if you flood the market with a bunch of implausible bets like "sun won't rise tomorrow"? Sure, you might try to filter that out with some sort of "seasoning" period (ie. don't buy new markets), but then that means more time for arbitrageurs to correctly price the market, depriving you of any price advantage you might have had.
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#24Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#25I think we've collectively DDoSed it. I'm getting a 504 timeout. The author [page]( https://github.com/sterlingcrispin ) is there on github, but I can't even find his full list of his repos to confirm it's still there (I also get a 504 on that).
GitHub is down yet again. Guess they forgot to tell their AI “make no mistakes” while vibecoding.
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#26Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#27Basically arbitraging human imagination. People love coming up with fantastical concepts because they get attention, but the more exciting a market is, the less likely it is to actually happen. Reality is usually boring.
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#28Already priced in.
The author also noted: > yes this has to buy below 0.73 long term, the bot has a configurable ceiling set at 0.65 and checks for new markets buying closer to .5 https://x.com/sterlingcrispin/status/2043685362812461436
What other question would you like to be backtested? This one is fairly easy
Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#29Re: Nothing Ever Happens: Polymarket bot that always buys No on non-sports markets
#30What's the data situation like if you wanted to backtest a model like this? Is it easily accessible?