Betting on Politics: Predictit is NOT Dead

I guess I’m the one behind the times.

https://x.com/Acyn/status/1853846803613135209

People are saying that’s not Melania, fwiw.

It’s definitely Melania. C’mon.

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bought some btc puts at close as a proxy bet on kamala

Shorting DJT seems pretty strong right now, especially after its little runup if you think Kamala is going to win. The stock shaved off 15% will basically no decrease to Trumps betting market. That stock is in fragile territory for sure. And it’s shit in the longrun even if trump wins.

looked into that they are super expensive, $9.50 for 1 0dte contract, if DJT goes down 25% you break even, if it drops 50% you double your money. of course it could easily drop by 50% if he loses but i didnt wanna pay that premium

I’m buying some Kamala in Georgia in expectation of a bump from the more blue-tilted early returns, planning to dump it immediately.

Also if FL results come in and look terrible and this causes an overall drop for Kamala’s odds, I’m planning to use that as an opportunity to get into the market.

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FL results don’t get released until all polls close at 8 Eastern right?

Hmm, not sure about this.

Yeah looks like that’s correct.

Or not? lol

Treasury market swinging towards Trump I assume based on FL results

down to 34 cents on robin hood. glad i saved some ammo lol

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NC looking good for the most part

25 cents lmao

20c on poly #harold

Wat. It’s been called for Trump.

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Not 32 minutes ago.

Sigh

It wasn’t looking good 32 minutes ago

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this is my YTD robinhood graph :sob: was basically straight up until they opened presidential betting lmao

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I will have lost about 6 grand I think, most of which was unloading on Georgia when it was at insane prices, none of which I regret. Most of the stuff I bet deadball will win because it was short priced stuff like No on Trump to win a solid blue state.

Tough to win when all your bets have to be pro-Harris because the market is rabidly pro-Trump and then she goes ahead and wins nothing.

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