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PREDICTITmos, come ITT

How does their payout structure work? Can you make any money...
Dashing piazza
  01/14/20
Max bet is $850 and PredictIt takes like a 10% cut of all yo...
Frisky chestnut stage azn
  01/14/20
Max bet is $850 per contract. PI takes 10% of any PROFIT yo...
White trust fund cuckold
  01/14/20
wow that sounds incredibly pointless then
Disturbing Brass Water Buffalo Kitchen
  01/14/20
not if you never withdraw, as i do i am invested in dozens...
White trust fund cuckold
  01/14/20
Lmao
Floppy Autistic Death Wish
  01/14/20
...
Swollen dog poop
  01/14/20
The market OP was considering buying is now down to $0.85. ...
White trust fund cuckold
  02/01/20
Lmao please bet your house on Hillary clinton not running fo...
Rambunctious Public Bath
  02/01/20
here you go. 3.5% return in ONE MONTH. https://www.predicti...
White trust fund cuckold
  02/02/20


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Date: January 14th, 2020 3:05 AM
Author: Dashing piazza

How does their payout structure work? Can you make any money betting on an overwhelmingly favored outcome? I noticed that there are some people betting Hilary will run in 2020. "No" is at 91%, is there any payout for choosing that outcome at all? I'm assuming it would be a small payout but it seems like an easy way to make some money if you put a very large bet on it.

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39427955)



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Date: January 14th, 2020 7:32 AM
Author: Frisky chestnut stage azn

Max bet is $850 and PredictIt takes like a 10% cut of all your winnings.

So you can make $75 betting no on Crooked Hillary if in fact she does not run.

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428146)



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Date: January 14th, 2020 7:45 AM
Author: White trust fund cuckold

Max bet is $850 per contract.

PI takes 10% of any PROFIT you make.

Once the contract pays out, you can leave the money with PI to make more bets later, or withdraw it.

When you WITHDRAW money from PI they take an additional 5%.

So if you bet $850 at $.91 and you win, your base profit is ≈ $850/.91 - $850 ≈ $84. PI takes $8.40 so the payout is ≈ $850 +$84 - $8.40 ≈ $925. If you withdraw everything they take 5% of that so you get ≈ $879.

3.5% return

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428168)



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Date: January 14th, 2020 8:06 AM
Author: Disturbing Brass Water Buffalo Kitchen

wow that sounds incredibly pointless then

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428213)



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Date: January 14th, 2020 9:18 AM
Author: White trust fund cuckold

not if you never withdraw, as i do

i am invested in dozens of contracts at any one time

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428410)



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Date: January 14th, 2020 8:16 AM
Author: Floppy Autistic Death Wish

Lmao

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428219)



Reply Favorite

Date: January 14th, 2020 9:29 AM
Author: Swollen dog poop



(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39428438)



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Date: February 1st, 2020 12:38 PM
Author: White trust fund cuckold

The market OP was considering buying is now down to $0.85.

https://www.predictit.org/markets/detail/4614

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39523725)



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Date: February 1st, 2020 12:42 PM
Author: Rambunctious Public Bath

Lmao please bet your house on Hillary clinton not running for president and enjoy the bumps

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39523739)



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Date: February 2nd, 2020 10:30 AM
Author: White trust fund cuckold

here you go. 3.5% return in ONE MONTH.

https://www.predictit.org/markets/detail/6372

(http://www.autoadmit.com/thread.php?thread_id=4421563&forum_id=2#39527158)