> By the finale, Kalshi’s “Survivor” market had reached a volume of $32.7 million
I don't get this. How are people "betting" on something that is "known information" for other people? What's the point? I get betting on stuff that no one can know, but who's taking "the other side" on these bets? Why would you put money into something knowing that there are people who already have the absolute answer?
NitpickLawyer · · focus · HN ↗
I don't get this. How are people "betting" on something that is "known information" for other people? What's the point? I get betting on stuff that no one can know, but who's taking "the other side" on these bets? Why would you put money into something knowing that there are people who already have the absolute answer?
jihadjihad · · focus · HN ↗
<a href="https://youtu.be/Hm3mDatFpNE?is=vKkBJs6XsypuD833" rel="nofollow">https://youtu.be/Hm3mDatFpNE?is=vKkBJs6XsypuD833