this post was submitted on 23 Apr 2026
274 points (98.6% liked)

World News

55903 readers
1310 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Rivalarrival@lemmy.today 5 points 1 week ago (1 children)

When you start, there are no shares to buy or sell. For a dollar, the market will sell you a "yes" and a "no" share. When the bet matures, one of those shares will be worth a dollar, and the other will be worth nothing. If you keep both shares, you'll get your dollar back, nothing more, nothing less.

You think the bet will resolve to "yes", so you want to sell off your "no" shares. You try to sell them at $0.50, nobody buys. You lower your price to $0.30, and they sell. Now you have $0.30 and a "yes" share that might be worth a dollar in the future.

You see someone is offering to buy "yes" shares for $0.80. If you sell your "yes" share, you'll end up with $1.10 total.

Suppose after a trading back and forth all day, you find yourself with a "yes" share that you've paid $0.40 for. You have a "no" share that you've paid $0.30 for. At any time, you can join those two shares together and sell them back to the market for $1.

[–] JustTesting@lemmy.hogru.ch 3 points 1 week ago (1 children)

But why would anyone buy shares after an event resolved? You'd expect liquidity to dry up at that point. So i can't imagine that this is how it's ultimately resolved and you get paid out.

[–] Rivalarrival@lemmy.today 3 points 1 week ago (1 children)

Where did I say anyone was buying up shares after the event resolved?

When the event resolves, the platform pays out $1 for each share on the winning side. Shares on the losing side are worthless.

If you have a "yes" and a "no" share, you can join them together and sell them to the platform for $1, before the event resolves. You don't have to wait for the event; you can sell them back at any time.

[–] JustTesting@lemmy.hogru.ch 1 points 1 week ago (1 children)

Yes but my whole question was about how a bet resolves, who decides it is resolved and who decides what the true outcome was. So i assumed your answer was to that question, which it didn't seem to answer.

See the edit in my original post.

[–] Rivalarrival@lemmy.today 2 points 1 week ago (1 children)

Ah. I think I misunderstood your question.

[–] aim_at_me@lemmy.nz 2 points 1 week ago

I actually found your explanation helpful! Thanks.