TL;DR bet on which word is the most likely to be the next word in a valid haiku.
The Haiku so far: Brings bayesian slowly
Background here:
The next word (the first word of the second line of the haiku) will be chosen from the sorted list of words, with the highest weighted one first. For each word, we will either choose it as the next word with 50% probability, or skip it and evaluate the next word. All markets will resolve when either 1) a valid haiku has been created or 2) the process has failed to produce a valid haiku, in which case the “failure” options in each market will pay out.
I will not trade in these markets, with the single exception that I will buy 'Haiku fails' shares to disincentivize gaming towards that outcome.
Since these are experimental, I may modify the mechanism to avoid unintended consequences/gaming, preserving as much as possible the original intent and mechanism.
Script hash: e79208e027c3b7f92bfb5d94745c4848 cfd4bc01f9e89586d071533bc9ddd9be
Edit: The script hash is the script that will make the final word decision, deterministically randomized based on the final state of the market. This is to prove that I have no discretion or control over the word decision. I'll post the script once all the markets using it are resolved.