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MANIFOLD
Däilÿ Cöin Flip - Day 59752
5
Ṁ20kṀ88
May 12
50%
chance

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.

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Ṁ1,000
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opened a Ṁ1 NO at 50% order

Bet and commented. ☑

10M

I finally made the liquidity counter reach 20k!

@Velaris you basically get 20k back right

@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.

@Velaris was wondering if you’d win anything if the market resolve heads

@Velaris so I guess technically you run zero risk and you have positive ev haha

@JasonMendoza2008 there's never zero risk ( close enough though ) but basically, that's the gist of it.

sold Ṁ1 YES

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