In one hour, the odds dropped from 83% to 62%. 450 people piled into an LCP promotion/relegation BO5 that everyone had written off as a free win before the match—then everything changed after just one game.
The probabilities on the betting market have never reflected skill; they reflect confidence built on money. A figure like 83% doesn’t mean it’s a sure thing. It means nobody seriously considered that they might lose.
The really interesting thing is the market itself: everyone says there’s no action, nothing worth doing, yet they’re all piling into prediction markets to bet on people playing video games. When people are this eager to place bets, it usually means things have been moving sideways for long enough.
The probabilities on the betting market have never reflected skill; they reflect confidence built on money. A figure like 83% doesn’t mean it’s a sure thing. It means nobody seriously considered that they might lose.
The really interesting thing is the market itself: everyone says there’s no action, nothing worth doing, yet they’re all piling into prediction markets to bet on people playing video games. When people are this eager to place bets, it usually means things have been moving sideways for long enough.
