One particularity of polymarket is that you couldn’t as of the time of this market divide $1 into four shares and sell all of them for $1.09. If you could have—well, then this problem wouldn’t have existed—but if you could have then this would have been a 9%.
Got it. Seems to me that it only works on liquid markets right? If the spread is significant you pay much more than what you can sell it for and hence do not get the .09 difference?
One particularity of polymarket is that you couldn’t as of the time of this market divide $1 into four shares and sell all of them for $1.09. If you could have—well, then this problem wouldn’t have existed—but if you could have then this would have been a 9%.
Got it. Seems to me that it only works on liquid markets right? If the spread is significant you pay much more than what you can sell it for and hence do not get the .09 difference?