You can have one person with insider information win a seemingly impossible bet against 1000 people taking the other side.
The person who wins takes in a ton of money, and Polymarket takes a cut.
Each of those 1000 people all thought they had an easy win, but the only people winning these bets are people who either are the people making the decisions, or who are in the room with the people making those decisions.
Bets aren’t 1-1.
You can have one person with insider information win a seemingly impossible bet against 1000 people taking the other side.
The person who wins takes in a ton of money, and Polymarket takes a cut.
Each of those 1000 people all thought they had an easy win, but the only people winning these bets are people who either are the people making the decisions, or who are in the room with the people making those decisions.