Betting on Politics: Predictit is NOT Dead

Pretty excited to pull out my ~$5k ($800 net profit) now that PI has decided the Democrats won Wisconsin and Joe Biden will probably win more than 293 electoral votes. I left a single share in several of the cabinet Nos, but I don’t really feel like locking up any more money for the next several months. Plus, who the hell knows what’s going to happen in a world where the Senate refuses to consent to any cabinet nominees.

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fwiw, I’m betting against your last sentence. There’s a few though that’ll have a bit of a fight like tanden or becerra. They’re not gonna block like mayor pete.

Meezy1110 hours ago

If anyone lost over $20k on here contact me

email me at 6061plate@gmail.com

Meezy11 I’ve lost the potential of $25k on multiple contracts how can you help?

These dudes don’t even see it as losing $200, they see it as losing a “potential” $25k. Just completely untethered from reality.

wait till they get the potential lawyer bill

or the guy they sent funds to for one just took it all and laughed

https://twitter.com/CopingMAGA/status/1341400376130613251?s=19

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I hope the tree doesn’t get hurt.

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Adnathar sighting:

https://twitter.com/pinasimp/status/1341400718532632576?s=20

https://twitter.com/adanthar/status/1341402707396075535?s=20

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Update: The cashout I requested Friday night hit my bank account this morning.

Cashouts on PI have always been reasonably quick ime.

That was my test cashout. Goin for the big one now. It’s been a fun ride guys.

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Same here. Didn’t quite maximize profits as much as I could have but got a free 7% return on my money in 1 month. All by betting on an event that already happened.

I do wish PI would throw up some new markets on who will be president in February. That would be fun. There was a pokersite, I can’t remember which one, but one of the big ones during the pokerboom, that temporarily introduced a variant of poker called royal holdem. In that limit poker variant (up to like 5/10 if I remember correctly), all cards were removed from the deck except for 10’s through Aces. But the trick was, the poker site did a really bad job of labeling the tables as something other than regular texas holdem. So people kept joining them, not knowing what they were, and would lose all their money quickly to full house over full house etc. For a few glorious weeks I just made bank after bank playing those tables. You basically could not lose with just a basic strategy of folding everything less than an ace high flush.

So yeah, predictit this past month was basically those royal holdem tables.

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It was UB pre-super user scandal. I remember that game well :joy:

damn I wasn’t on UB then

6+ didn’t last long on sites before it died, that sounds amazing

Do we think there will be any opportunities after the GA run-off to bet on an election that already happened? If so I’ll keep my $$ on there a bit longer, otherwise it’s probably time to withdraw given that all the good markets settled.

without trump you usually only get 99 maybe 98 so no

if they challenge jan 6 there’s going to be a IT"S HAPPENING bump you can get in before reality hits

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It was such a glorious few weeks. I barely slept. I wasn’t even that good at poker, but holy shit did I clean up in it.

People go sooooo mad while playing too. It really was a terrible design flaw by UB to allow it to go on for so long.

I don’t think so, It’s just Trump that inspires this derangement. I left $100 on predictit to play with though, feel free to post if you find other opportunities.

It’s easy enough to load via CC that I don’t really see any reason to let money sit on there.