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MANIFOLD
Is it OK to claim boosts without trading in the boosted market?
56
Ṁ150Ṁ2.2k
resolved Aug 18
Resolved as
79%

I do this all the time and it fills me with glee, but I also feel bad at the same time.

Resolves to ratio of YES/NO traders.

Bots excluded.

For example if at market close there are 8 Yes positions and 2 No, the market would resolve to 80%

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predictedNO

42/(42+11)=0.792 so should probably have resolved to 80% and not 79% but it doesn't really make a difference.

@Timothy ?? Why would you take the ceiling and not round? 79.2% rounds to 79% not 80%

predictedNO

@parhizj Oh yeah you're right.

Edit: At least at this point in the market: after putting some formulas into excel I realized this type of market also disincentivizes profit maximization, as it would take a highly skewed number of vote brigading to make a meager return. Any votes will almost surely result in a loss. So this is market is now like a poll with a tax.
Edit: What's worse is the tax is in proportion to both your bet size and the number of traders you are going against (not equally to YES/NO). Tax is much higher if you want to shift the probability against the most popular answer in terms of traders

@parhizj do you count that as a feature or a bug ?

@Odoacre If people aren't calculating or aware it acts as a tax against brigading (that's a feature) but it also is sort of a subtle trap if you think you can make a profit (bug).

If someone can confirm this is generally true of this type of market (maybe I have made an error, as I have wrongly generalized from a single data point) maybe you can put it in the description to be transparent, like "you won't make money on this market" (this will remove the bugginess).

Edit: This requires some research as I think it is a bit complicated with the dynamics, I'm not interested in figuring this out.

Totally fine. An incentive from Manifold to scroll through the questions.

No, but i do it anyway.

@nickten I like your honesty!

I hope I am not making a mistake but right now this should resolve to 76%

@Timothy I forgot to count the bots it should resolve to 80%

Resolves to percent of traders. Means if there are 8 Traders this resolves to 8%?


@Timothy I assumed they meant it resolves to the percentage of the market at close, but that is a good catch. Clarification is a good idea

@jeremiahsamroo ratio of yes/no so right now there are 8 yes and 2 no so would resolve to 80%

@Odoacre bro what is this math here

yes - no is 8:2 = 4:1, if you mean total percentage, then say that

@8 I think you are joking, but my math is so bad that I need to make sure. Would you rather I resolve to something else in that scenario?

@Odoacre i think you're using ratio incorrectly

@8 I'm sorry 😔

predictedNO

@8 No he is right. 8+2=10, 8/10 is 80%

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I do this all the time too.

I wonder what the current “boost collected without participating” rate is, and how much market participation would increase if they made the boost “visible” but not clickable from the feed, and instead you had to enter the market page to collect.

I got a 3MANA boost, but now I am considering spending $9 on a damn book! Dammit. They got me ha ha!

Yeah obviously the system is designed that way. But popping kids balloons and knocking over their ice cream cones is also legal

lol yeah

The real question is should I boost this ? 🤣🤣🤣