I've been making this point for a while now. Prediction markets aren't what they seem—they're essentially rigged gambling wrapped in a legitimate package. The odds? Heavily stacked against retail players.
Take Polymarket as an example. Right now it's operating like a bloodbath. Jumping in without proper knowledge is like walking into battle blindfolded. Your survival rate? Pretty much zero.
Here's my take: we're witnessing the saturation point. The early narrative around prediction markets as fair, decentralized forecasting tools has hit its ceiling. What's left is a brutal reality where sophisticated actors and bots dominate the playing field, leaving regular traders with almost no edge. The asymmetry is brutal.
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ForkThisDAO
· 20h ago
ngl This is exactly what I've been wanting to say. It's about time to wake up.
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polymarket Has long been played out by whales and bots. Retail investors just end up being the ones losing money.
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The story of prediction markets should be over now. All that's left is the drama of harvesting new victims.
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survival rate zero It's no joke. I've seen too many people go in and never come out.
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decentralized This word is now just a joke. Anyone who believes it is just being naive.
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Symmetry has been completely broken. This is the truth about web3, my friends.
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GweiWatcher
· 20h ago
The rhetoric of predicting markets has long been tiresome; frankly, it's just a game of changing the surface without changing the substance—gambling at its core.
Polymarket is really a meat grinder right now... A few of my friends went in and never came out.
Retail investors here are just lambs waiting to be slaughtered; robots and big players have long since rigged the rules.
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DefiVeteran
· 20h ago
Honestly, Polymarket is just a playground for big players to cut leeks; retail investors just end up losing money.
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GateUser-e19e9c10
· 20h ago
There's nothing wrong with that. Polymarket has long become a hunting ground for big players and bots; retail investors just end up losing money by entering.
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CommunityJanitor
· 20h ago
No, it's been obvious for a long time. Prediction markets are just a tool for big players to harvest profits; retail investors are just sending money in.
Polymarket has become what now... a bunch of bots and big funds are inside harvesting profits, and small players like us have no way out.
To put it plainly, it's a casino disguised as decentralization—fairness is a joke.
This market is saturated. The early story of "fair predictions" has already collapsed. Now, it's just the bare jungle law.
I've been making this point for a while now. Prediction markets aren't what they seem—they're essentially rigged gambling wrapped in a legitimate package. The odds? Heavily stacked against retail players.
Take Polymarket as an example. Right now it's operating like a bloodbath. Jumping in without proper knowledge is like walking into battle blindfolded. Your survival rate? Pretty much zero.
Here's my take: we're witnessing the saturation point. The early narrative around prediction markets as fair, decentralized forecasting tools has hit its ceiling. What's left is a brutal reality where sophisticated actors and bots dominate the playing field, leaving regular traders with almost no edge. The asymmetry is brutal.