There are two types of events in the prediction market that serve different roles. Price fluctuations and sports events, which seem to be mainstream varieties, are actually tools for attracting users—maintaining liquidity through external hedging by market makers. The real source of profit lies in those obscure miscellaneous events. Project teams need to pay to list these varieties, and the platform can completely manipulate the outcomes subjectively.
Essentially, this logic is no different from those highly controlled contract trading. The core strategy is the same: attract enough counterparty orders, and once there is sufficient liquidity, profits can be made regardless of which direction the market moves. The larger the trading volume and the more participants, the greater the profit margin. This is the true business principle of prediction markets.
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nft_widow
· 11h ago
This trick has long been exposed; the niche events are indeed a cash cow.
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SchroedingerAirdrop
· 11h ago
It's the same old trick, basically the market makers use mainstream assets to trap retail investors, and those who really make money have already shifted to obscure events.
Damn, isn't this just another form of contract trading, just a different flavor?
Prediction markets are just sophisticated harvesting grounds; project teams pay to list and can be manipulated easily. I don't believe a word of it.
The logic is very clear: the more liquidity there is, the more freely the platform can harvest. No wonder everyone is rushing into this industry.
So ultimately, it's that old saying: without sufficient opposing orders, they can't make any money. If you go in, you're just the opposing order.
After hearing this analysis, I understand now—the essence of prediction markets is just changing ways to cut the leeks.
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MEVHunterZhang
· 11h ago
Bro, this analysis is amazing. Predicting the market is just a skin-deep betting game.
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Mainstream assets are just bait; obscure miscellaneous items are the real cash cows. I believe this logic.
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Basically, it's about absorbing liquidity and then cutting, the same as with contracts.
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Paid launches can still manipulate the results? Isn't this just a Web3 disguise for manipulation?
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The larger the liquidity, the bigger the space... sounds just like my loss-making account.
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I used to think prediction markets were fair, but it turns out it's all just a trick.
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No wonder the odds for niche events are so outrageous—they're just waiting to be harvested.
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This business is even darker than CeFi; at least they don't pretend.
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Thinking back to some prediction platforms before, now it does seem a bit suspicious.
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So, betting on prediction markets should be on mainstream assets, at least the liquidity is real.
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BagHolderTillRetire
· 11h ago
It's the same old trick again, draining liquidity from retail investors.
It's really clueless; I thought market predictions were supposed to be fair.
Damn, it turns out sports events are just a cover, and the platform is taking all the money from those obscure, unpopular events.
Projects have to pay to go live, isn't that outright snatching? Laughable.
It's just a skin-over version of the contract, fundamentally still the same old logic of cutting people.
More people and better liquidity benefit the platform; for us, it's like sending wool.
Just say it upfront, the money these platforms make doesn't come from trading fees, but from manipulating the outcomes.
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LightningWallet
· 11h ago
Well... to put it simply, it's a game for the big players. The less popular markets are the real money-makers.
I really didn't expect manipulation of the results, it's quite ruthless.
It's the same trick as with contracts, all about eating retail liquidity.
Really? Do so many prediction markets operate like this?
This logic sounds a bit creepy... the more participants, the more the platform profits.
Wait, what about my previous orders...
After playing with contracts for so long, I didn't expect the hidden pitfalls in prediction markets to be even deeper.
So it's just about catching unaware bagholders.
Damn, so the platform is really just cutting profits like this.
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FloorSweeper
· 11h ago
It's obvious at a glance, it's still the same old trick of the whales, just wearing a different disguise.
There are two types of events in the prediction market that serve different roles. Price fluctuations and sports events, which seem to be mainstream varieties, are actually tools for attracting users—maintaining liquidity through external hedging by market makers. The real source of profit lies in those obscure miscellaneous events. Project teams need to pay to list these varieties, and the platform can completely manipulate the outcomes subjectively.
Essentially, this logic is no different from those highly controlled contract trading. The core strategy is the same: attract enough counterparty orders, and once there is sufficient liquidity, profits can be made regardless of which direction the market moves. The larger the trading volume and the more participants, the greater the profit margin. This is the true business principle of prediction markets.