Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

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Market Makers for Multi-Outcome Markets

Previous articles in this series have discussed market makers and how they differ from book order markets, how to improve Liquidity in multi-Outcome claims, and how to integrate a Market Maker into Book order systems. But none of those talked in any detail about how a multi-outcome market maker coordinates prices and probabilities. [...]

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