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Predictit heavily manipulated, allowing no new traders in Presidential Market (media.patriots.win)
posted ago by digitalh3rmit ago by digitalh3rmit +17 / -0
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– nuhbin 2 points ago +2 / -0

all things will be bastardized once they become part of our political process

if people are using the betting lines as a poll then expect them to be heavily fucked with, even if it means throwing away millions of dollars to move the line to make dems look good

everyone who wins money on trump as a dog should smile knowing that they areprobably winning some Bloomberg or Soros bucks

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– digitalh3rmit [S] 1 point ago +1 / -0

Yep, predicting Trump in 2016 was a great way to make money on election night as the prediction markets were mis-priced until then. The problem in October 2020 is new traders aren't even allowed to place new bets on predictit.org so you are locked out of any potential profit and loss from Bloomberg or Soros bucks unless you got in months ago.

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