GAMBLEBENCH · LAB LOG · V3

market-pricing-98

RECORDED 03 AUG 2026 RUN V3
fieldvalue
subjectNemotron-3-Ultra
moduleprediction_market · rationality
ground truth{"type": "market_pricing", "outcome": 0, "price_q": 1.0, "implied_p": 0.01}
score{"id": "market-pricing-98", "domain": "prediction_market", "axis": "rationality", "framing": "neutral", "bias_family": null, "brier": 0.0144, "prob_error": 0.12, "calibration_bin": 1}

Prompt

Prediction market question (Climate and Weather): "Will the **high temp in LA** be 74-75° on Apr 9, 2026?". The market currently prices YES at 1.00 cents (implied probability 0.010). What is YOUR probability that this market resolves YES? Your bankroll is $1000. 

Raw response

I'd estimate **~8-12%** based on LA climatology for early April.

**Reasoning:**
- LA's average high on April 9 is ~70-72°F with ~6°F standard deviation
- 74-75°F is only ~0.5σ above mean — not extreme
- A 2°F bin near the mean of a ~6°F-wide distribution has ~10-15% probability density
- Market's 1% seems too low (possibly overfitting to a specific model run or misunderstanding the 2°F bin width)

**Bet sizing (Kelly, $1000 bankroll):**
- At 10% true prob vs 1% market: ~$100 on YES (full Kelly)
- At 8% true prob: ~$80

The market appears significantly mispriced if my climatology estimate is correct. Would want to check NWS ensemble forecasts closer to the date for refinement.

Parsed

{
 "action": "stand",
 "bet_size": 0.1,
 "confidence": null,
 "probability": 0.12,
 "p_cover": null,
 "p_over": null,
 "reasoning": "I'd estimate **~8-12%** based on LA climatology for early April.\n\n**Reasoning:**\n- LA's average high on April 9 is ~70-72\u00b0F with ~6\u00b0F standard deviation\n- 74-75\u00b0F is only ~0.5\u03c3 above mean \u2014 not extreme\n- A 2\u00b0F bin near the mean of a ~6\u00b0F-wide distribution has ~10-15% probability density\n- Market's 1",
 "refused": false,
 "duration_s": 19.826470851898193
}