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Playing for high stakes (or maybe steaks): visitors to a county fair in 1906 proved uncannily accurate at guessing the weight of an ox

Will prediction markets lead to disaster? It’s a safe bet

1 hour ago • by Jerry Davis in Finance • 9 min read

While the stock market effectively harnesses the wisdom of crowds, prediction markets are little more than high-stakes casinos with powerful political backing, warns Jerry Davis...

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