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This segment discusses the effectiveness of prediction markets, specifically Polymarket, which has demonstrated a low Brier score of 0.0581, indicating a 77% higher accuracy than random guessing. This score highlights that successful betting strategies rely on making bets better than final odds, mirroring the experience of professional sports bettors.

Professional sports bettors assess their bets based on the final betting line rather than just outcomes. The accuracy of prediction markets like Polymarket can be judged using Brier scores, which show how well odds reflect actual outcomes. Polymarket has a low Brier score of 0.0581, indicating its predictions are

During Coinbase's Q3 earnings call, CEO Brian Armstrong engaged in a spontaneous moment by mentioning specific terms that prediction market users had bet on, including 'blockchain,' 'staking,' and 'Web3.' This action led to immediate increases in the mentioned terms' betting odds,

Coinbase CEO Brian Armstrong stirred reactions during the Q3 earnings call by spontaneously mentioning terms that prediction market users wagered on. His comments included words like 'blockchain,' 'staking,' and 'Web3,' which delighted some users who had bet on their inclusion. However, others criticized the

During Coinbase's Q3 earnings call, CEO Brian Armstrong unexpectedly mentioned terms that prediction market users had bet on, triggering mixed reactions from industry observers. His comments included words like 'blockchain,' 'staking,' and 'Web3,' which he added in a seemingly spontaneous moment after

Coinbase CEO Brian Armstrong caused a stir during the company's Q3 earnings call by mentioning specific terms like 'blockchain', 'staking', and 'Web3', which had been bet on in prediction markets. This unexpected announcement brought joy to some prediction market users who had