Pretty much the same. I genuinely expected Biden to come down to 1.3 on election day and not see that much movement. I was dumb in thinking this.
I was talking to my friend at 1 am CT or so who had piles on Trump, when the betting odds were a flip. I said Biden should be a decent favorite and he disagreed. He’s young, smart and liberal!
If you can keep your head and have liquidity, I am 100% convinced that Presidential elections are some of the best gambling opportunities that exist anywhere. The limits are massive if you maximize outs, it’s almost all idiotic public money and even if you don’t know anything about data analysis as the votes come in you can usually arb between sites.
As long as Biden holds i’ll make some decent cash. I’m glad PI went down because I was in a full panic as the results rolled in. I knew that Biden would make up deficit in the mail-in votes but him getting absolutely drilled in FL/TX made me worried about these other states.
I actually had PI up on that exact race so I got to watch it crater into the mid 60s and immediately rebound (now back in low 80s). I actually tried to buy when it was in high 60s but I’m maxed out on Trump NO and the market is full for Biden YES, sad
Completely agree with all of this. I actually think it might be worthwhile to bet the underdog going in, and just count on the wild swings to let you load up on the other side as an underdog too. Like in this one you could easily have gotten both sides at +600.
More opportunities in the AZ market if you see it as a lock. Back down into the 60s on PI. The numbers coming in don’t look great though, it’s going to be a sweat.
Can we all agree to keep smashing Qanon morons 24/7 until they’re no longer financially solvent? There are limited opportunities to simultaneously do good for the world and make easy money; this feels like one of them. There are thousands of morons who woke up today just to grapple with betting their bank accounts on a hate-filled fever dream. I think we should keep adding to their number.
I feel like I’ve been telling you guys about the indictments markets for literally years. Hunter indictment market is still at 0.11 (I got in at 0.25, like a cool guy).
Going to say I dont believe for a second that Wice believed Trump would win for every fucking day of the last 5 years, bet 6-7 figures on him as an underdog, then when Trump was at his high point, his odds were at his lowest, he then bet 350k+ on Biden.