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Retail bias or thin liquidity? Polymarket’s Brazil odds face scrutiny

Retail bias or thin liquidity? Polymarket’s Brazil odds face scrutiny

Photo: Cryptopolitan

Polymarket predicted Luiz Inácio Lula da Silva had about a 20% chance of winning the Brazilian election. However, Lula won on Sunday despite his low odds, a blow to the prediction market world that raises questions about the real determinants of prediction odds. The left-wing Lula managed to defeat his right-wing opponent Flávio Bolsonaro in...

Source: Cryptopolitan

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