Kalshi and Polymarket have begun taking bets on Phase III drug trials

Kalshi and Polymarket have begun taking bets on Phase III drug trials(science.org)

3 points by 400thecat 10 days ago | 1 comment

400thecat 10 days ago |

The main problem with prediction markets as "truth machines" is, that they can only work efficiently if insider trading is allowed (even encouraged). If insider trading is illegal, than these are just casinos

400thecat 10 days ago |

The main problem with prediction markets as "truth machines" is, that they can only work efficiently if insider trading is allowed (even encouraged). If insider trading is illegal, than these are just casinos