Why Event Contracts Are the Most Interesting Thing Happening to Regulated Markets Right Now
Whoa! This idea grabbed me the first time I saw a pricesheet for a presidential-election contract. My instinct said: somethin’ big is happening here. At first it looked like gambling dressed up in math, but then I noticed the market structure—clear rules, regulated clearing, and time-bound claims that actually settled on verifiable outcomes. Initially I […]
