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Recently, when looking at the odds for F1 on a decentralized prediction platform, I always feel like something is off...



Does this data seem a bit off from the actual situation? Or has market sentiment already been reflected in the odds? Friends who understand, please explain how the odds in the prediction market are determined. Is it completely based on the amount of funds bet by users?

That being said, the odds fluctuations on this decentralized prediction platform can sometimes be quite interesting, reflecting people's true expectations for a certain event. However, if the data clearly deviates from common sense, it might be time to reassess.
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GhostWalletSleuthvip
· 12-01 13:10
The odds are just a game of funds, there's really nothing mysterious about it. I think in that F1 match, it was obvious that large investors were dumping, the data was just ridiculous. That's how decentralized prediction markets work; when liquidity is low, a single amount of money can skyrocket the prices. Last time I got burned too, thinking I had figured it all out, ended up losing everything. The amount of funds determines everything; platforms with more users tend to have more stable odds. To put it simply, it's about betting on human nature, not on facts. It feels like now it's all bots playing in the prediction market, the data is completely unreliable.
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PhantomHuntervip
· 12-01 11:25
Ha, I've encountered strange odds again, this platform should have been fixed a long time ago. The amount of retail money can indeed drive absurd prices, but that's also the interesting part about it. It's exhilarating when you bet right, but when you bet wrong, you get trapped.
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WhaleMistakervip
· 12-01 11:21
Odds are essentially a game of capital, just a psychological game for retail investors. Decentralization aims for transparency, but it actually makes it easier to be played for suckers by whales. I watched that F1 match too; it felt like a slap in the face. Sometimes the market is just irrational; good data does not equal good results, and those who have stepped into the pit understand.
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FlashLoanPhantomvip
· 12-01 11:18
Decentralization prediction platform is like this, where retail money accumulates, it does not reflect the real probability at all. Are the odds deviating from common sense? That's even more normal, I have long been accustomed to this irrationality. I also watched this F1 match, and it really feels a bit magical; it needs Large Investors to enter the market for it to automatically correct.
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MrRightClickvip
· 12-01 11:00
The odds reflect the results of the financial game, not necessarily the truth.
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