Examining Parlays in Prediction Markets
perspectives probability
It’s been a while since I last wrote on this blog. 😅
I’d like to share a quick post on something I’ve been noticing on prediction markets like Polymarket regarding parlay contracts.
Overview of Prediction Markets For those who don’t know, here’s a quick primer on how prediction markets work:
A Prediction Market is an “Information Market” A prediction market, similar to an option market, is a platform where participants can buy and sell contracts that pay out based on the outcome of future events.
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