New Market Idea: Season Win Totals Multi-Market
1595432
npub1t49ker2…rw4jj5
1 min read
I was thinking it would be cool if there were single markets that had every team's win total as something you could take the over/under on.
The market mechanism would be a slight tweak on the multi-markets Predyx already has. Instead of the total being 100% across all outcomes, it would be the total number of wins in that sport's season (1230 for the NBA), and instead of each outcome ranging from 0-100, they would range from 0 to however many games each team plays (82 for the NBA).
Under the hood, Predyx would still rebalance the odds across the entire market after each transaction: i.e. bidding the Raptors up a game would reduce the rest of the league's aggregate win total by one. This could actually be designed even more precisely by spreading the loss across the Raptors' (or whichever team's) remaining opponents in proportion to how many more times they play.
@mega_dreamer, @Team_Predyx, what do you guys think? I'm not sure any other prediction markets have something like this and it might be a cool way to build out more sportsbook functionality, without needing the liquidity to support dozens of separate markets.
Read also
1
 At @Scoresby's request, this is a summary of the different places to engage in sports…
2
| Habit | Status | |-------|--------| | OMAD | Nope | | Fasting | 20 hours | | Healthy food | mas o menos | | Barefoot s…
3
| Habit | Status | |-------|--------| | OMAD | Yes| | Fasting | 22 hours | | Healthy food | Yes| | Barefoot steps| 14k |…
Want to publish here too? No sign-up, and the text stays yours. Learn how to start
Replies (0)
Loading…