Betting on Politics: Predictit is NOT Dead

https://twitter.com/DataDhrumil/status/1371555910880010251

someone involved with that placed a big bet on polymarket so 538 isn’t putting it in after they found out (guy is clearly a moron to have gotten caught)

so the market flipped back after it got taken out. end of the day it ends.

was 87/13 6 hours ago now 33/67 if no good poll comes out it’s a NO.

PI now has a “will Gaetz resign by May 1” market, currently around 27c for “yes”

Every leak makes this look worse for him, but May 1st is only 30 days away and he is a shameless piece of shit so I could see the “fuck you, no” defense continuing for a while. The main question in my head is what Newsmax would do with his offer if he resigned in disgrace. They’re a hard right channel so I doubt they give a shit about morals, but still it’s a pretty bad look platforming a dude who resigned due to underage sex trafficking allegations. I think his only play to continue the grift will be to hold out as long as possible.

1 Like

I took a flyer on this just for funsies, it’ll probably take more than 30 days to resign.

Are people still buying “Trump will be presideont on____ date” markets?

I put most of my remaining money on the site on No. I see no way that he resigns in a month. The investigation is still ongoing, and it’s unlikely he’ll be charged soon. It’s possible, but due to COVID DOJ right now is very reluctant to charge people unless it’s high prority or has a statute of limitation issue. Don’t see Gaetz resigning before he’s charged and don’t see him pleading guilty, so think this thing drags out a while.

no

but all we need is mike lindell to seriously believe he’s POTUS by august again, he’s got too much money

Oh goddamit I didn’t consider the cloture part.

Ok well, belated thanks, that explains that.

Toss on Gaetz NO or what’s the free penny play now?

Put it all on Dogecoin

(drunken reply, don’t actually think I know what I’m talking about)

1 Like

Lol have you poked your head into the cryptocurrency thread?

I have way too much in way too many cryptos (but no dogecoin lol). I’ve kept some dollars on PI because if I withdraw I’m gonna be annoyed when I have to redeposit for the next big election fandangle.

I just keep forgetting to park it in the free pennies.

Yeah I’ve poked my head which lead to my dogecoin reference

I’m with you I’ve been looking for free money…but not sure if that is coming until we actually get to the 2022 cycle where crazy money starts coming in.

Yeah, I figure an optimal strategy is to just grab pennies here and there, nothing crazy, so your money collects a little “interest” while you wait; I simply keep forgetting to check in.

not much out there, DC/PR not becoming states but that doesn’t end for forever and is just partial for covering the withdraw fee.

Gaetz/Cuomo not resigning perhaps is your cup of tea here

1 Like

Feel like betting against McConaughey is free money, especially as an R. His platform (to the extent he has one) seems to be reasonable moderate, no way that has any shot in an R primary.

Betting against Yang continues to be free money.

3 Likes

It’s the new “betting against Ron Paul” strategy from back in the day.

2 Likes

I’m currently sitting on 99 cent buys for fewer than 59 senate votes for 9/11 commission before 6/25.

Betting against Yang is almost certainly the more profitable play, but I will take my 1% here in 10 days

hope you got the free money

1 Like

lol forgot to check PI but yeah i shipped

1 Like