Polymarket seems to be getting some attention lately. I’ve been seeing it mentioned a lot, so I think it’s becoming a bit more popular now.
Just for awareness and for all of us to compare, especially for gamblers who have knowledge (either through experience or research), can you share the difference between the two [platforms]? And which one do you personally prefer? Would be good to hear different opinions on this.
Prediction markets are just crowd-sourced opinion polls, aren't they? Even the name "prediction market" is just a marketing tactic for the gullible. That is how I see things right now. I mean, where does the prediction part come in? It is just a public voting system.
Or maybe I do not understand prediction markets like Polymarket? Or maybe I am just misunderstanding the entire concept?
If anyone has any insights, feel free to explain it to me.