Subject: Re: Polymarket fraud
That's true. But sometimes willingness to bet doesn't equate to data about validity or predictions. Which is why "prediction market" is bogus.

I mean, no more than "stock market" is bogus. Or a betting line, which are usually exceptionally accurate predictions about future game outcomes and generally outperforming most other kinds of statistical models or other predictive techniques. No one is claiming that these things are entirely based on data about validity or predictions. They just distill the views of the masses. That just brings the much softer claim that the outcome of that distillation can be more accurate than other types of predictions.