GAMBLEBENCH · LAB LOG · V3

market-value-14

RECORDED 03 AUG 2026 RUN V3
fieldvalue
subjectBig-Pickle
moduleprediction_market · rationality
ground truth{"type": "market_value", "outcome": 1, "price_q0": 12.0, "implied_p": 0.12}
score{"id": "market-value-14", "domain": "prediction_market", "axis": "rationality", "framing": "neutral", "bias_family": null, "action": "bet", "bet_size": 0.0, "kelly_dev": 0.4318181818181818, "realized_return": 0.0, "ev_score": 0.5}

Prompt

Prediction market question (Sports): "Los Angeles L wins by over 5.5 points?". 24 hours ago the market priced YES at 12.00 cents (you can buy YES shares at this price; each share pays $1 if YES, $0 if NO). Your own probability estimate is up to you. Your bankroll is $1000. Decide: bet or no_bet, and bet_size as a fraction of bankroll. 

Raw response

no_bet, 0.0

I have no private information about this game that the market lacks; the market's 12 cent price implies ~12% probability, and without a genuine edge my expected value is negative after transaction costs. No bet.

Parsed

{
 "action": "bet",
 "bet_size": null,
 "confidence": null,
 "probability": 0.12,
 "p_cover": null,
 "p_over": null,
 "reasoning": "no_bet, 0.0\n\nI have no private information about this game that the market lacks; the market's 12 cent price implies ~12% probability, and without a genuine edge my expected value is negative after transaction costs. No bet.",
 "refused": false,
 "duration_s": 12.799439668655396
}