predictit is like a futures market for geopolitical outcomes
it functions like just like the financial markets.
at the very least, it's fun to participate with spare change.
check the comments on particular markets and you'll quickly realize the vast majority of users are leftists who couldnt properly assess probability (or reality) to save their lives.
Not really. It's easy enough... for example, Florida published extensive early voting stats and Trump had a big lead over his early voting in 2016. So I put $300 on FL and won almost $600. The leftists in the comments were in disbelief.
Don't be stupid and blinded by partisanship and you should be fine.
Apparently they sometimes screw people over with BS market decisions too. The lefties in the "will Trump concede by nov 17" market were complaining the market wasn't closed because of Trumps tweet that said "[Joe] won... because fraud" and they were convinced it was a concession
This kind of stuff is super illegal in NV. Basically anything that competes with the casinos is. We can gamble locally anytime but we have to drive to CA to buy a lottery ticket.
I got fucked on the Trump impeachment one. It technically wasn't an impeachment until pelosi brought the charges over to the Senate, but she did that after the date. Predictit called it an impeachment when the house voted for there to be charges. Really screwed me out of a lot of money.
And for your own sanity, STAY OUT OF THE COMMENTS SECTION. Unless you like to troll, but I don't and can't stand the idiocy. They're also very smug right now because they're sure their pedo has won
the users control the price... not predictit
predictit has a gigantic leftist user base, so there are always MASSIVE market inefficiencies for us to take advantage of.
always keep an eye on the markets on this site.
take advantage of braindead leftists
Yes these are features, not bugs. Let people give you their money.
predictit is like a futures market for geopolitical outcomes
it functions like just like the financial markets.
at the very least, it's fun to participate with spare change.
check the comments on particular markets and you'll quickly realize the vast majority of users are leftists who couldnt properly assess probability (or reality) to save their lives.
Not really. It's easy enough... for example, Florida published extensive early voting stats and Trump had a big lead over his early voting in 2016. So I put $300 on FL and won almost $600. The leftists in the comments were in disbelief.
Don't be stupid and blinded by partisanship and you should be fine.
It's a "statistics" site. Definitely not a betting site, that's illegal unless you're in NV.
So this "statistics site" is based in NZ, and you buy shares based on the probability of an event occurring.
Just make sure you read the rules, and when the market ends.
When the market closes, they take...10% of profit? Then when you pull your money out to the bank they take another 5%.
Apparently they sometimes screw people over with BS market decisions too. The lefties in the "will Trump concede by nov 17" market were complaining the market wasn't closed because of Trumps tweet that said "[Joe] won... because fraud" and they were convinced it was a concession
This kind of stuff is super illegal in NV. Basically anything that competes with the casinos is. We can gamble locally anytime but we have to drive to CA to buy a lottery ticket.
There's some betting site that said "One of our locations in NV."
That's all I'm basing it on. Guess they have a kiosk set up in a casino or something, and it's only 'legal' because it's an EU organization.
I got fucked on the Trump impeachment one. It technically wasn't an impeachment until pelosi brought the charges over to the Senate, but she did that after the date. Predictit called it an impeachment when the house voted for there to be charges. Really screwed me out of a lot of money.
Yes
And for your own sanity, STAY OUT OF THE COMMENTS SECTION. Unless you like to troll, but I don't and can't stand the idiocy. They're also very smug right now because they're sure their pedo has won
I made so much off of Kavanaugh.
Won $5000 on there in 2016.