MrMind comments on Open Thread, Feb 8 - Feb 15, 2016 - Less Wrong

4 Post author: Elo 08 February 2016 04:47AM

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Comment author: MrMind 11 February 2016 08:19:15AM 0 points [-]

That does not depend on the details of how the bet is arranged.

I would contest that's the case insofar as you have to bet only on one side, if you gain / lose stakes from both positions, possibly the " rooting for one outcome over another, it makes the denouement of the bet about the relative status of the people in question" would be diminished?

Comment author: Lumifer 11 February 2016 05:43:06PM 0 points [-]

if you gain / lose stakes from both positions

I don't understand. At resolution time the event will have a single outcome. That single event outcome will lead to a single bet outcome. You can have complicated payout schemes, but after netting the outcome will be a single fixed number.