Polymarket & Position Sizing with Varied Odds
Still getting my feet wet with Polymarket and have a quick question for those more experienced. When I'm looking at markets that start with pretty high certainty (say, 80%+), but where I think there's a good chance it could swing the other way, how are you guys approaching position sizing? It feels different than just a 50/50 toss-up, and I'm not sure if I should be betting smaller for a bigger payout, or if the higher initial probability still dictates a larger size. Any thoughts?
That's a good question and a common dilemma. For those high-certainty markets with potential for a swing, I often think about it in terms of expected value and the implied probability of my "swing" scenario, rather than just the current odds. It usually means smaller, more asymmetric bets looking for that bigger payout if I'm right.