The Rise of Predictive Bureaucracy in Markets The latest trend in prediction markets is not just about making profits; it's about generating revenue for the platforms themselves.
As these markets become increasingly professionalized, speculation gives way to institutionalized trading. This shift may bring more liquidity and competition, but at what cost?
The Math Behind the Mayhem A recent study of Polymarket trades reveals that only 3% of accounts consistently capture profits, earning around 27% of dollar gains.