Betting on Politics: Predictit is NOT Dead

predictit appears to be completely fucked again

fuuuuuuuck, want to get some last minute bets in

I snagged a few GA Dem back at 35c right before it surged and PI went down

I think once it gets back up everything will have swung Dem

One thing is for sure, though - this site is crack. I’ve got another 29 days until I can cash out so let’s see what kind of trouble I can get myself in.

Congrats all who made out with some money here. Now let’s hope Awice got fucking wiped

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Damn, I didn’t realize the photo by the car was him.

https://twitter.com/AWice/status/1324014428388532226?s=20

He’s still posting Pepe memes like it’s 2016.

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This is basically what I did on accident. Doesn’t really take a genius.

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I realize he’s probably still lying somewhat but guys like this who somehow luckbox everything is annoying.

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I mean you didn’t have to be smart at all to see the Midwest was a red mirage and the betting markets were way off for quite some time. He probably did get out in time.

Took a flier on NC senate for 6-7c, it’s still pretty close (2.6M to 2.5M) with only 93% reporting and plenty of opportunity for the gap to close as they count mail-in ballots, which they can do for another week

yea even late last night, the stuff coming in looked fairly positive for biden but the market was still swonging towards trump for a long ass time. I went to bed, didn’t feel like trying to ride it to the top.

would not have guessed 6 states to be 10c+ in tipping point odds at this point insane swongs incoming

Stonks?

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I would’ve thought you meant one or two…

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He’s lying his ass off. Obviously he didn’t go secret busto but guys like that aren’t hedging a profit here centered around a trump loss when they’re fully aboard the MAGA train.

But that’s all the thinking I want to devote to Alexander Wice right now.

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This was a lie too lol. The markets have choppy in the .80s all day.

they used to have weekly # of tweet markets on people till someone started sending threats so those ended up getting kaboshed by the feds. You can imagine those huge swongs.

PI may be too sluggish after this though as they are a bit limited now. There were all sorts of indictment markets to get $ from Q anon dumbshits, Hillary to run for potus would never move despite all logic.

yeah it’s crack. It’s also got a huge advantage vs your regular bookie bets–you can bail out if you see shit going down before others do. (some have started opening up on this)

also you’re betting against others not the house, so your $ is from some trumper not the book–I gotta say those dollars feel so much better than my book wagers.

also even if your bets are obvious losers and are selling at 1c, put up an offer to sell them, sometimes you get rakeback

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Next election I am going to keep my powder dry and not bet a whole lot deadball. I really wanted to bet more when Biden was out to like +400 for basically no reason, but I was so exposed already that I couldn’t stomach it. It seems like poles are so unreliable now that it’s hard to get huge edges betting deadball, while the inplay markets are absolutely hopeless at understanding what is going on.

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Yea agree, several times I wished I’d had something to bet with. I’d like to say that PI going down prevented me from redepositing and catching Biden as an underdog but tbh it probably just kept me from selling at the bottom heh

I sold a few positions for 99c today to free up some powder which was definitely a good call, despite leaving 1c of value on the table

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