It’s actually a bit worse—there’s a 2% fee paid to liquidity providers, so if you only bet and don’t provide liquidity then you lose money on average. Of course you can lose money providing liquidity too if the market moves against you. Anyone can provide liquidity and get a share of that 2%.
It’s actually a bit worse—there’s a 2% fee paid to liquidity providers, so if you only bet and don’t provide liquidity then you lose money on average. Of course you can lose money providing liquidity too if the market moves against you. Anyone can provide liquidity and get a share of that 2%.