It's because someone needs to buy on the other side for the site to sell you some Trumps. Nobody is buying Bidens because the market knows he will lose.
I tried to limit myself to $100 to bet (got carried away with csgo betting in 2016). Well I broke that limit this morning with another $50 down and trying to talk myself out of just making it an even $200
I'll clarify for those who don't know: this indicates that 18% of folks in this Predictit market believe that Trump will win. This could be due to them being ones of us, but there are savvy folks out there who aren't in it for politics, so who knows how much of that "recent 6% change" is us vs folks reading the future :)
well, its run by the university of victoria as an academic project to study if markets determine elections better than polls (in this case yes). I used it in 2016 and won a bunch of money. Over the last few years I put some in on stupid bets and cashed out maybe once or twice.
ah yeah they have a cap on how many people can be in each market but sometimes you can get lucky and enter right after a spot opens up which happens when someone sells all their shares (biden people might sell soon).
Literally can't buy shares right now - it's stuck at "We have reached the maximum number of traders on this contract."
BUT KEEP TRYING
It's because someone needs to buy on the other side for the site to sell you some Trumps. Nobody is buying Bidens because the market knows he will lose.
Eh. Let's not kid ourselves here. People aren't buying on Biden because the odds aren't worth it.
Bet if you gave it 50/50, the market would dump everything on Biden, even though we know that Trump will win.
Look around for other markets. Lots of synonyms, like "Will Tx Dem primary winner be elected president"!!
Thanks for the tip. Just bought 625 no shares at 16 cents a share.
hell yeah!
I've been trying to buy shares for the past 3 days. I put money in when it was closer to 10 to 1 odds but couldn't buy any shares.
Time to make some easy money
Ignore the noise, eyes on the prize
They're such awful people. I'll gladly unify with them, gets me closer to stab them in the back 🤡
defensively! in minecraft!
The flip is happening
I tried to limit myself to $100 to bet (got carried away with csgo betting in 2016). Well I broke that limit this morning with another $50 down and trying to talk myself out of just making it an even $200
I went a little wild... it's a once in a life time opportunity I think
My reasoning on wanting to bet more is that if Biden wins then I won't have this money anyways due to his high taxes!
Too True!
if Biden won the country would go to shit anyways. hyperinflation would crush the dollar and all your cash value would evaporate in a few months
I went 400 in and the temptation to go 1000 is overwhelming, hold me back frens
Give that to the Trump legal fund instead.
I have already decided to donate some of the winnings to Trump, might as well take some of some liberals money and give it to Trump
I got paid a ton in 2016. I connected my bank acct and they wired it to me. At the end of the year I got a 1099
I like to sell when it reaches 99 cents for that reason. Why risk everything for an extra penny
I couldn't buy that one yesterday but i split $50 up in a bunch of states and I'm up to like $85 lol
nice! I am in all the swing states as well
Florida was easy money. I made bank there and now using the winnings on other states
I'll clarify for those who don't know: this indicates that 18% of folks in this Predictit market believe that Trump will win. This could be due to them being ones of us, but there are savvy folks out there who aren't in it for politics, so who knows how much of that "recent 6% change" is us vs folks reading the future :)
I got a bunch in around 6-8 cents when everyone was dooming.
same, I am loaded up atm
Here comes the avalanche.
where is this from?
https://www.predictit.org/
98%
Its been used since 2016 at least. Many pedes made money back then too.
well, its run by the university of victoria as an academic project to study if markets determine elections better than polls (in this case yes). I used it in 2016 and won a bunch of money. Over the last few years I put some in on stupid bets and cashed out maybe once or twice.
I'm holding my Trump position, purchased it $0.29 few month back.
I never sweated this
YES
This is real money but max you can bet on each market is $850
They wouldn't let me buy in on this one. Said they were maxed out.
ah yeah they have a cap on how many people can be in each market but sometimes you can get lucky and enter right after a spot opens up which happens when someone sells all their shares (biden people might sell soon).
Anyone know of a betting site that is still taking bets?
I've tried everything in the EU and the only option I saw was "Trump doesn't concede" for 1/14 :(
PredictIt.com
Sorry, I won't be satisfied until Trump reaches 100 and Biden is a big fat zero.
I am not selling till then either
Some say to sell at 99c to avoid waiting for that final endless delay, but i say no, milk the libs for all they're worth, it's what they'd want
I completely agree. It is our patriotic duty to inflict as much financial pain as possible onto the communist.
People as a whole on this prediction site think Trump's chances of victory are increasing.
kek wills it