[roflyear]

well, at least for really odd ones - like the china example - the liquidity is (probably) going to be really low. you need people buying both sides to make money.

But for big events/talked about stuff/etc ofc this is not true.

[bs7280]

Again - Its not the money I care about, its what people are willing to do to make it.

[eru]

If there's not much money to be made (because of illiquidity and adverse selection keeping market participants out), then there's not much incentive for people to do weird things.