It's the same as with crypto rug pulls, nobody is going to fall for that several times. Was still money to make in that before everyone and their grandma wisened up.

I don't think prediction markets work well for that. It is a market and you can't really prevent anyone else from benefitting from the same victims, which dilutes your earnings.

You don't need a perfect oracle to win on prediction markets. All it takes is enough influence to tip % in your favor. Card counting is very effective.

Yeah, as long as it's reasonably reliable, compound interest also adds up to turn even small ROIs into big wins across multiple investments.