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PM 101 | Ep 2: Prediction Market Strategy
Published 1 month, 3 weeks ago
Description
Stop treating prediction markets like a sportsbook vending machine and start treating them like the peer-to-peer bazaar they actually are. In this episode, David Price and Alex Mercer break down the mechanics of the order book, explaining why impatient traders pay a hidden "tax" on every transaction. Learn how to navigate the spread and use professional execution tactics to protect your bankroll.
- The fundamental difference between fixed-odds sportsbooks and peer-to-peer markets.
- Understanding Bids and Asks: The digital ledger explained.
- The Spread: Why the gap between prices is the true cost of impatience.
- Market Orders vs. Limit Orders: Why clicking "Buy Now" is a rookie mistake.
- Slippage: How thin markets move against you during execution.
- Liquidity Traps: Identifying "ghost town" markets before you get stuck.
Opinions expressed are for informational purposes only. Bet responsibly.
Contact: feedback@predictionmarketshq.com
"Nowhere Land"
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 4.0
http://creativecommons.org/licenses/by/4.0/