Betting on Politics: Predictit is NOT Dead

anon38180840 · December 14, 2020, 10:10pm

Do you guys think all the cabinet secretary NO markets on the current ones are locks? I’m wondering if Biden may let some of the current ones serve until new ones are appointed, and some may take past 3/1 to confirm. In particular I’m worried about Elaine Chao as a favor to Mitch, and Miller (Defense) for continuity.

hemstock · December 14, 2020, 10:12pm

Omg it’s happening

m_reed05 · December 14, 2020, 10:17pm

Congress can’t change the popular vote.

And the courts have ruled. There only a few inconsequential appeals left, none of which will change things if they were to succeed, which they won’t.

anon38180840 · December 14, 2020, 10:19pm

I agree Congress can’t change the popular vote, but if the state officially says Biden won the popular vote and Congress says no It WaS fRaUd, TrUmP aCtUaLlY wOn, PredictIt will probably get sued over which way to pay out.

Not that it matters cause it’s not a thing that’s going to happen… But it might be enough reason for them to wait to pay out until January. Hopefully not, though.

anon38180840 · December 14, 2020, 10:22pm

Apparently they sent out an e-mail about an hour ago offering free hats, I didn’t get the e-mail. :(

I would have liked to wear that hat in front of some Trumpers.

jmakin · December 14, 2020, 10:42pm

I do this, when I am playing. But i dont restrict myself to maga positions, although that’s where the most reactive and dumb money is. You just have to follow deplorable news headlines and the market will react so slowly that you can get in and out if you’re not like a day late. I lost count of how many times i bought/dumped in the hillary running for president in 2020 market.

I far prefer playing the swings to make money on that site rather than waiting for results to settle and pay out. As you guys are discovering, it’s often a long, pointlessly drawn out process.

anon38180840 · December 14, 2020, 10:46pm

Barr OUT as AG effective just before Christmas. Looks like there will be no Senate confirmed Trump AG to bet against. Barr still trading at 4c. Moved him down from 8-10c.

wheatrich · December 14, 2020, 10:50pm

for gosh sakes I was looking at it 30 minutes ago thinking about plunking my available $ on that

like 90% of my errors are simply me not doing what I think of doing at the moment I think of doing it

worthless to do it now at 99 unless you are stacking NO’s in that market

on the bright side I guess I can sell what I have for better NO’s elsewhere

wheatrich · December 14, 2020, 10:59pm

gonna lol so hard if PI closes all the POTUS markets tonight/tomorrow when trump is 10% ish

hemstock · December 14, 2020, 11:06pm

ChrisV · December 14, 2020, 11:07pm

Betfair settled all the bets.

Edit: lol, ponied by what had to be fractions of a second there - although that’s PI I guess?

hokie · December 14, 2020, 11:11pm

PI still hasn’t settled despite basically saying that they would. It’s just infuriating at this point, free up my fucking money already.

grue · December 14, 2020, 11:13pm

But what about muh Mike Pence enabling treason on 1/6??

anon29622970 · December 14, 2020, 11:19pm

Once this is done and we all cash out from PI, should be a bannable offense to talk about that site on here if they don’t settle today.

hemstock · December 14, 2020, 11:34pm

People are angry at betfair on twitter and it’s all non-Americans.

https://twitter.com/marinajeffery21/status/1338626135395946497

https://twitter.com/bull_aussie/status/1338626055624564737

https://twitter.com/hadenou95609961/status/1338620708172292098

I can’t wait for the outrage once PI settles.

hemstock · December 14, 2020, 11:52pm

https://twitter.com/Failco2ndTerm/status/1338631252912582658
https://twitter.com/ventelp1/status/1338631739737075713
https://twitter.com/ShyteCreek/status/1338631770464342016
https://twitter.com/WhiteHartLane16/status/1338631885711429639
https://twitter.com/hodl1231/status/1338631212341075970
https://twitter.com/MissHannaKP/status/1338631008393048066
https://twitter.com/ventelp1/status/1338632549044727814

hokie · December 14, 2020, 11:54pm

Please keep going, this is great

wheatrich · December 14, 2020, 11:57pm

they are quick to threaten to sue

wonder where they get that from

these people are incredible

shame I don’t own any sort of wage taking place, there’s so many props I’d put up just to laugh at them

Spinetta · December 14, 2020, 11:57pm

I haven’t done any betting in the election and had not opened this thread before now.

Pretty elite timing to enjoy the deplorable tears.

hemstock · December 15, 2020, 12:07am