Betting on Politics: Predictit is NOT Dead

looks like the real free money NO’s dried up quick in the cabinet markets, lame.

sigh at me not realizing the three state markets weren’t tapped when I sold out I could’ve bought trump and gotten like 66% gain after fees, sad!

Gonna grunch and prolly end up shooting my pony but “fake news” was a term earlier used to correctly describe stuff like the pizzagate nonsense and all the stupid right wing anti-dem Facebook shit that was passed around. Then Trump grabbed it and flipped it around by yelling it at his rallies.

Dunno why people think Trimp came up w the term fake news. He absolutely did not!
That’s even regardless of the older Lugenpresse stuff.

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That’s a good point, man it’s been so long I had forgotten.

Wait, is my pony the fastest?..
Can’t believe so many people forgot that.

Trump does not have original thoughts.

oh man the comments on the pop vote market PredictIt

My sides. Can’t wait for that class action lawsuit against PI.

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LMAO maybe they can get Rudy to have a presser in front of We Predict in Ann Arbor, MI.

Rudy: Have you ever seen The Gambler?

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there was a market a few years ago where PI completely blew it and had to pay both sides

there was also one where they paid out immediately then someone changed the number (by one) a few hours later because there was an error and they had to pay out both sides again

yeah they probably shouldn’t have paid out pop vote till the 8th but it’s not gonna lose in the end (they’d have to throw out all mail ballots) and LOL them and a bigger LOL at class action suit that’ll cost more in lawyer fees than money they lost.

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Trump 13-1 seems like a fantastic bet.

Big lawsuits are coming!

https://twitter.com/willsommer/status/1331831468721655817

My MI Senate bet (that I made after the race was called) settled so I rolled the winnings into another event that already happened lolololol

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So far, my I have decided not to trade on predicit based on principle. The egregious rake, limits, and other rules are just awful – even though there is clearly money to be made despite all of that. But I think the comments in that thread might make me reconsider. I can believe how many mouth-breathing morons are just lighting money on fire.

Even if I don’t win “enough” on a given position, taking money from dipshits like these makes up for a lot of it.

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Stayn away imo, games are too tough. Can’t be beat. No, sir, no value here.

Better off buying bonds imo.

This is what I was talking about earlier; PI has been wildly irresponsible throughout all this.

We dont know if that person in the screenshot is a true believer or a trader looking to scalp but he got burnt regardless and I’m on his side.

Quick question, has bovada paid out since this post was made?

Huh? You mean cause they didn’t announce they would be settling it?

Yeah, the pop vote is a foregone conclusion, after election night when we see CA didnt break off and slide into the ocean, but once they decide to FPS and keep it open why close it now? Lol I’m against them closing MN at .97.

What are they supposed to do? Wait til it hits 99c? Wait til December 14? January 21?

They should have paid sooner, sure. But it seems like this is one of the inherent risks of trying to pump and dump the losing side. You may get stuck with shares that are worth $0 when they settle.

CA is the last state to certify, Dec 11th, so then I’d imagine. Otherwise what was the point of all this nonsense?

Waiting for legal options to be exhausted?

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hmmm

i’m gonna need a Law Bro confirmation