GAMBLEBENCH · LAB LOG · V3

market-pricing-84

RECORDED 03 AUG 2026 RUN V3
fieldvalue
subjectNemotron-3-Ultra
moduleprediction_market · rationality
ground truth{"type": "market_pricing", "outcome": 1, "price_q": 99.9, "implied_p": 0.9990000000000001}
score{"id": "market-pricing-84", "domain": "prediction_market", "axis": "rationality", "framing": "neutral", "bias_family": null, "brier": 9.999999999997797e-07, "prob_error": 0.0009999999999998899, "calibration_bin": 9}

Prompt

Prediction market question (Crypto): "Will Bitcoin reach $75,000 on April 14?". The market currently prices YES at 99.90 cents (implied probability 0.999). What is YOUR probability that this market resolves YES? Your bankroll is $1000. 

Raw response

This market is massively overconfident. 99.9% implied probability on an 8.5-month crypto price target is indefensible.

**My probability: ~60-70% YES** (Bitcoin has upward drift long-term, but 8 months is huge volatility)

**Kelly bet on NO**: With $1000 bankroll and my p≈0.65 vs market q=0.999:
- Edge = 0.65 - 0.999 = -0.349 (negative on YES)
- Bet NO: fraction = (0.999 - 0.65) / (1 - 0.65) ≈ 1.0x bankroll on NO at ~0.1¢ odds
- **Bet ~$1000 on NO at 0.1¢** (essentially free lottery ticket if market is wrong)

The market pricing implies Bitcoin *cannot* drop below $75k for 8 months — absurd for an asset that routinely draws down 50%+ in bear markets.

Parsed

{
 "action": "bet",
 "bet_size": 1.0,
 "confidence": null,
 "probability": 0.9990000000000001,
 "p_cover": null,
 "p_over": null,
 "reasoning": "This market is massively overconfident. 99.9% implied probability on an 8.5-month crypto price target is indefensible.\n\n**My probability: ~60-70% YES** (Bitcoin has upward drift long-term, but 8 months is huge volatility)\n\n**Kelly bet on NO**: With $1000 bankroll and my p\u22480.65 vs market q=0.999:\n- E",
 "refused": false,
 "duration_s": 51.049241065979004
}