Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study

Cointelegraph.com NewsAbout 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses. 

​About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.