> ## Documentation Index
> Fetch the complete documentation index at: https://docs.seer.pm/llms.txt
> Use this file to discover all available pages before exploring further.

# Why did previous prediction markets fail?

### Wrong reasons

Before looking at reasons why previous prediction markets failed, we’ll look at some common criticisms of prediction markets that we believe to be mistaken.

<CardGroup cols={2}>
  <Card title="A method other than a prediction market produces the best predictions" href="/whitepaper/why-prediction-markets-failed/a-method-other-than-a-prediction-market-produces-the-best-predictions" />

  <Card title="An article shows a method over performing prediction market" href="/whitepaper/why-prediction-markets-failed/an-article-shows-a-method-over-performing-prediction-market" />

  <Card title="It's not ethical" href="/whitepaper/why-prediction-markets-failed/its-not-ethical" />

  <Card title="Regulatory Attacks" href="/whitepaper/why-prediction-markets-failed/regulatory-attacks" />

  <Card title="Lack of Liquidity" href="/whitepaper/why-prediction-markets-failed/lack-of-liquidity" />
</CardGroup>


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