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A New Prediction Market Lets Investors Bet Big on Almost Anything

bloomberg.com

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Re: A New Prediction Market Lets Investors Bet Big on Almost Anything

#4

Nothing new and betting on anything is not that innovative. The problem will always be the same: there won’t be much of a market (very low # of participants) for many bets.

liqudity is the technical term.

Betfair was lobbying in US for a long time to get a legal toehold and failed. I wonder what has changed.