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@ -222,20 +222,16 @@ function Contents() {
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<h3 id="how-does-betting-work">How does betting work?</h3>
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<h3 id="how-does-betting-work">How does betting work?</h3>
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<ul>
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<ul>
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<li>Markets are structured around a question with a binary outcome.</li>
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<li>
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<li>
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Markets are structured around a question with a binary outcome (either
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Traders can place a bet on either YES or NO. The trader receives some
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YES or NO)
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shares of the betting pool. The number of shares depends on the
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</li>
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current probability.
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<li>
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Traders can place a bet on either YES or NO. The bet amount is added
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to the corresponding bet pool for the outcome. The trader receives
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some shares of the final pool. The number of shares depends on the
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current implied probability.
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</li>
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</li>
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<li>
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<li>
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When the market is resolved, the traders who bet on the correct
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When the market is resolved, the traders who bet on the correct
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outcome are paid out of the total pool (YES pool + NO pool) in
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outcome are paid out of the final pool in proportion to the number of
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proportion to the amount of shares they own, minus any fees.
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shares they own.
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</li>
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</li>
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</ul>
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</ul>
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@ -286,36 +282,22 @@ function Contents() {
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Office hours:{' '}
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Office hours:{' '}
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<a href="https://calendly.com/austinchen/mantic">Calendly</a>
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<a href="https://calendly.com/austinchen/mantic">Calendly</a>
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</li>
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</li>
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<li>Discord:</li>
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<li>
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</ul>
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Chat:{' '}
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<p>
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<a href="https://discord.gg/eHQBNBqXuh">
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<a href="https://discord.gg/eHQBNBqXuh">
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Join the Manifold Markets Discord Server!
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Manifold Markets Discord server
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</a>
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</a>
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</p>
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</li>
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</ul>
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<p></p>
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<h1 id="further-reading">Further Reading</h1>
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<h1 id="further-reading">Further Reading</h1>
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<hr />
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<hr />
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<ul>
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<ul>
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<li>
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<li>
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<a href="https://manifoldmarkets.notion.site/Technical-Overview-b9b48a09ea1f45b88d991231171730c5">
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<a href="https://manifoldmarkets.notion.site/Technical-Guide-to-Manifold-Markets-b9b48a09ea1f45b88d991231171730c5">
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Technical Overview of Manifold Markets
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Technical Guide to Manifold Markets
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</a>
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</li>
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<li>
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<a href="https://en.wikipedia.org/wiki/Prediction_market">
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Wikipedia: Prediction markets
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</a>
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</li>
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<li>
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<a href="https://www.gwern.net/Prediction-markets">
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Gwern: Prediction markets
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</a>
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</li>
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<li>
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<a href="https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.91.7441&rep=rep1&type=pdf">
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David Pennock: Dynamic parimutuel markets
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</a>
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</a>
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</li>
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</li>
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<li>
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<li>
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@ -323,11 +305,6 @@ function Contents() {
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Paul Christiano: Prediction markets for internet points
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Paul Christiano: Prediction markets for internet points
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</a>
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</a>
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</li>
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</li>
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<li>
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<a href="https://manifold.markets/simulator">
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Dynamic parimutuel market simulator
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</a>
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</li>
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<li>
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<li>
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<a href="https://thezvi.wordpress.com/2021/12/02/covid-prediction-markets-at-polymarket/">
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<a href="https://thezvi.wordpress.com/2021/12/02/covid-prediction-markets-at-polymarket/">
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Zvi Mowshowitz on resolving prediction markets
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Zvi Mowshowitz on resolving prediction markets
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