btw you can get a membership's worth of free money if you want, in just 4 days, if you have $14470.58 in spare liquidity. I have a 43.95% APY investment opportunity.
Go here:
https://polymarket.com/event/balance-of-power-2022-us-midtermsWager $3729.26 on "No" for R/D, $1598.25 on "No" for R/R, $4310.44 on "No" for D/D, and $4746.32 on "No" for D/R. The cost of wagering is a 0.6% fee, which comes out to $86.31 (included in the $14470.58).
Regardless of the outcome, you will get back $14529.57. This means you'll come out $58.99 ahead, the exact price of a Lifetime Membership.
The reason this modest free money trick (with 0.4% returns) works is because the market has "Yes"/"No" pools for 4 mutually exclusive outcomes but buyers bias in favor of the "Yes" options. Currently there's a 1% bias in favor of Yes ("No" adds up to an implied probability of 99% of any of those 4 options not happening, when realistically it's much closer to 100%). You will pocket a tiny sum by injecting liquidity into the market to correct for this bias.
Edited 11/4/2022 21:17:41
