Not sure why the dumb money keeps playing. If you're not the insider the person you're trading against is.
Because its an event contract with a defined upside/downside and time horizon. You know exactly what you stand to lose and gain and when. Makes it a valuable part of some intricate financial strategies.
"the dumb money"
Because you think you can predict the probability of the insider insidering each way and place a bet before they insider
Because its an event contract with a defined upside/downside and time horizon. You know exactly what you stand to lose and gain and when. Makes it a valuable part of some intricate financial strategies.
"the dumb money"
Because you think you can predict the probability of the insider insidering each way and place a bet before they insider