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One of the coolest uses of prediction markets is when businesses hedge things like weather risk.
Say a retailer buys a contract that pays if a snowstorm forces 20% of nearby businesses to close.
That payout can help offset the sales the store loses during the storm.
This will
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One of the coolest uses of prediction markets is when businesses hedge things like weather risk.
Say a retailer buys a contract that pays if a snowstorm forces 20% of nearby businesses to close.
That payout can help offset the sales the store loses during the storm.
This will continue to become more common.
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