Place Your Bots

“Among the winners, a majority of the profits were raked in by a tiny slice of what look to be automated bots, based on the Polymarket trade records compiled by the data firm Dune. Everyone else, in aggregate, lost $131 million.” (In fairness, the bots aren’t the only ones winning. Some insider traders are doing quite well.) Bloomberg (Gift Article): Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains.

+ The prediction markets recently got into sports gambling. So the sports gambling apps are getting into the prediction markets. At least it will be easy to find a place to lay a bet on which app you think will win.