GAMBLEBENCH · LAB LOG · V3

market-pricing-14

RECORDED 03 AUG 2026 RUN V3
fieldvalue
subjectNemotron-3-Ultra
moduleprediction_market · rationality
ground truth{"type": "market_pricing", "outcome": 0, "price_q": 5.0, "implied_p": 0.05}
score{"id": "market-pricing-14", "domain": "prediction_market", "axis": "rationality", "framing": "neutral", "bias_family": null, "brier": 0.0009, "prob_error": 0.03, "calibration_bin": 0}

Prompt

Prediction market question (Financials): "Will the gold open price be between $4380.00 and 4419.99 at Mar 31, 2026 at 5pm EDT?". The market currently prices YES at 5.00 cents (implied probability 0.050). What is YOUR probability that this market resolves YES? Your bankroll is $1000. 

Raw response

This market's resolution date (Mar 31, 2026) has already passed (today is Aug 3, 2026). A resolved market should trade at 0¢ or 100¢, not 5¢.

Did you mean **March 31, 2027**? If so, I'd need current gold price and volatility to estimate. Let me check:

**Current gold: ~$4,035/oz** (Aug 3, 2026). The March 31, 2026 date has passed — assuming you meant **March 31, 2027** (~8 months):

**My probability: ~3%** (market at 5% is slightly rich)

**Reasoning:**
- Target range: $4,380–$4,420 (only $40 wide)
- Required move: +8.5–9.5% from $4,035
- Gold 8-mo vol ≈ 12–15% (annualized 15–20%)
- Even with Trading Economics' 12-mo forecast of $4,421 (implying ~6% drift over 8mo), the probability of landing in a narrow $40 band is low
- Rough lognormal: Φ(0.23) − Φ(0.16) ≈ 3%

**Kelly on $1,000 bankroll:** Negative edge at 5¢ (implied 19:1 odds). Don't bet.

Parsed

{
 "action": "no_bet",
 "bet_size": null,
 "confidence": null,
 "probability": 0.03,
 "p_cover": null,
 "p_over": null,
 "reasoning": "This market's resolution date (Mar 31, 2026) has already passed (today is Aug 3, 2026). A resolved market should trade at 0\u00a2 or 100\u00a2, not 5\u00a2.\n\nDid you mean **March 31, 2027**? If so, I'd need current gold price and volatility to estimate. Let me check:\n\n**Current gold: ~$4,035/oz** (Aug 3, 2026). Th",
 "refused": false,
 "duration_s": 65.94282507896423
}