“a 3% chance of jesus returning hides a million-dollar arbitrage trap”
Examines the paradox of a Polymarket on Jesus Christ's return trading at 3% with over $100k wagered. Identifies two mysteries: why no one arbitrages the mispricing (requires ~$1M lockup for minimal 1% return), and why anyone bets 'Yes' at all (true believers, resolution gaming, or novelty value).
No technical background needed
Platforms mentioned: Polymarket