"While the media have their own reasons to delay or emphasize certain results, traders simply want to make money," Prosperi said. "It is a bit like what happens in equity markets, where markets rather than research houses and commentaries are the fastest in absorbing new information from events such as earning releases."
Polymarket also issued a statement on Wednesday touting its 'wisdom of markets over the polls, the media, and the pundits.' Its CEO Shayne Coplan said that, allegedly, the Trump campaign headquarters 'literally found out they were winning from Polymarket.'
Last night, Polymarket proved the wisdom of markets over the polls, the media, and the pundits. Polymarket consistently and accurately forecasted outcomes well ahead of all three, demonstrating the power of high volume, deeply liquid prediction markets like those pioneered by...
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