I will use @FairlyRandom to get our results. 1 = Heads, 2 = Tails. Market resolves YES for heads, NO for tails.
If you bet and comment, I'll send you 10 mana. Only for the first three. Api trades don't count.
If these markets are annoying you, you can block the topic by clicking on it and then selecting the option.
1,000🏅 Top traders
| # | Trader | Total profit |
|---|---|---|
| 1 | Ṁ49 | |
| 2 | Ṁ9 | |
| 3 | Ṁ4 |
@JasonMendoza2008 yeah, but I can't use the funds while the market is open and depending on whether the probability is at 50 or 52 percent I can lose a fair amount, up to about 800 if the percentage is at 52.
@JasonMendoza2008 I'm the counterparty for each bet placed so if someone wagers 800 mana on NO, technically I'm wagering 800 on yes. On lower liquidity markets this isn't as disportionate but at 20k, it's significant.
@Velaris so I guess you only lose mana if it resolves as tails then if someone wagers 800 mana on NO. Or are the shares the automated market maker not converted?
@JasonMendoza2008 Correct, I lose mana in that scenario. I can also win mana if it were to resolve heads in the scenario you mentione. "the shares the automated market maker not converted", I don't really understand that question.
@JasonMendoza2008 there's never zero risk ( close enough though ) but basically, that's the gist of it.