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Prices are well calibrated and predictably wrong in five ways: longshot bias, capital lock-up, thin books, fees, and resolution risk.
Source: https://crypto.news/prediction-market-odds-probability/

Prices are well calibrated and predictably wrong in five ways: longshot bias, capital lock-up, thin books, fees, and resolution risk.
Source: https://crypto.news/prediction-market-odds-probability/