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PREDICTITmos, come ITT

How does their payout structure work? Can you make any money...
flesh confused rigor
  01/14/20
Max bet is $850 and PredictIt takes like a 10% cut of all yo...
Geriatric Range Double Fault
  01/14/20
Max bet is $850 per contract. PI takes 10% of any PROFIT yo...
Dashing spot cuck
  01/14/20
wow that sounds incredibly pointless then
big pit
  01/14/20
not if you never withdraw, as i do i am invested in dozens...
Dashing spot cuck
  01/14/20
Lmao
Passionate cobalt digit ratio
  01/14/20
...
cream fortuitous meteor
  01/14/20
The market OP was considering buying is now down to $0.85. ...
Dashing spot cuck
  02/01/20
Lmao please bet your house on Hillary clinton not running fo...
Carnelian Hospital
  02/01/20
here you go. 3.5% return in ONE MONTH. https://www.predicti...
Dashing spot cuck
  02/02/20


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Date: January 14th, 2020 3:05 AM
Author: flesh confused rigor

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: Geriatric Range Double Fault

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: Dashing spot cuck

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: big pit

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: Dashing spot cuck

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: Passionate cobalt digit ratio

Lmao

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



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Date: January 14th, 2020 9:29 AM
Author: cream fortuitous meteor



(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: Dashing spot cuck

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: Carnelian Hospital

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: Dashing spot cuck

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)