Steve Randy Waldman
@interfluidity.com

for a Trump contract, sure. that's why the example I gave was a Mayor. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

and the incentive also depends on unlikelihood. if the Mayor is likely to win reelection, prediction markets say 90%, there's an 11% return on what you bet to save him, less all the security costs, and a 900% return on what you bet to ensure he loses, less costs. that's an asymmetry! /fin

in reply to self