Prediction markets work best when players have some stake, however small, in the outcome. With play money, many players take risks they wouldn’t otherwise take or don’t attend to their holdings as carefully. Such markets may therefore have less research value than real money ones. Besides, we think real money is fun too.
Why do you have to use real money to play PredictIt? Why can’t we just play for fun? Print
Modified on: Mon, 3 Sep, 2018 at 12:31 PM
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