Will MM offer a built in odds amplifier, in 2022?
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202Ṁ1081resolved Jan 15
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An ODDS amplifier makes betting on low probability events a bit more fun.
Let's say X has probability about 1% in the minds of bettors.
In a normal market this is problematic, people won't bet NO because they lock their money up, risk incorrect resolution for a say a measly 1M for 200M bet.
With amplified odds you say
"Market resolves YES if X"
"Market resolves NO if not X and I roll 1 on a 100-sided dice"
"Otherwise resolves N/A"
Then the probability of the market should be around 50%, since YES and NO are equally likely. And that gives more finesse for the market to decide exactly how near 1% the probability is.
This market resolves YES if MM makes this a build in feature, or a feature with a similar goal to encourage betting on low probability markets.
Although possible to do this manually, MM could automate the random number picking part of it, which is always a pain.
This question is managed and resolved by Manifold.
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