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The Mystery of Predicted Odds
In the UK, it's very easy to gamble on these topics. And you don't even pay tax on the on the wings. I found that as recently as like a week or two ago, I could earn a 6% return betting on Biden to win the election. This is in early to mid December. And I could have bet up to 1.7 million pounds earning a 6%. So they're not small markets. They're hundreds of thousands of pounds. It's actually is no surprise to me that predicted odds, especially as you approach the zero and 100% bounds become seriously distorted and quite wrong. But the mystery is a bit deeper than that because say in the UK,. it