3min chapter

Clearer Thinking with Spencer Greenberg cover image

Self-Improvement and Research Ethics (with Rob Wiblin)

Clearer Thinking with Spencer Greenberg

CHAPTER

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

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