@Polymarket needs to seriously consider implementing some kind of "no-deaths" rule similar to Kalshi. Although many people have been mocking the recent outcome on Kalshi, it is not that hard to imagine someone putting a million dollars on, say, Kevin Warsh not becoming the next FED chair - finding out where he lives and shooting him. Even if it is very unlikely to happen in any one market, I think it is a pretty likely scenario to happen some time in the next 10 years given the diversity of markets and it will be a REALLY bad scenario.
@Polymarket needs to seriously consider implementing some kind of "no-deaths" rule similar to Kalshi. Although many people have been mocking the recent outcome on Kalshi, it is not that hard to imagine someone putting a million dollars on, say, Kevin Warsh not becoming the next FED chair - finding out where he lives and shooting him. Even if it is very unlikely to happen in any one market, I think it is a pretty likely scenario to happen some time in the next 10 years given the diversity of markets and it will be a REALLY bad scenario.
@captgouda24 The biggest distortion in pricing accuracy is from time value. Not sure how you would account for that but basically market can diverge from sharp bettor consensus by a little less than 1pp per month.