Points And Figures • 746 implied HN points • 18 Oct 24
- Betting markets can predict election outcomes more accurately than polls. They quickly adjust based on new information, making them reliable for forecasting.
- Unlike traditional markets, prediction markets are less likely to be manipulated. Studies show attempts to influence them usually don't succeed, keeping the forecasts steady.
- Understanding how the market works is key. It gathers and shares information in a way that motivates accuracy, unlike traditional polling methods that can miss the mark.