Polymarket | The 2024 Indian general election is scheduled to take place between April and May 2024. This market will resolve to "Yes" if Narendra Modi is the next prime minister of India followin...

cross-posted from: https://lemy.lol/post/22844267

Need Opinion.

What do you think is the right way to play this bet in the polygon prediction market?

Is playing contrarian gonna give a huge pay off?

Or Is going with the market trends going to help make decent but sure shot gains of 4-5%?

By the way the election result is to be declared on June 4th, 2024.

I still see most people in his favour despite everything.

I personally don’t like Modi much but as a business decision there are higher odds in betting in support of him.

What are your thoughts on this?

  • sugar_in_your_tea@sh.itjust.worksEnglish
    4·
    8 months ago

    What are your thoughts

    Gambling isn’t related to personal finance.

    there are higher odds in betting in support of him.

    Yes, that’s how betting odds work, the more likely scenario generally has higher odds and lower payout. Gambling means you think you have a better chance than the odds state (i.e. other gamblers).

    The house always wins, so unless you’re the house, you shouldn’t be thinking of it in terms of “business decisions,” but entertainment.