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PREDICTITmos, come ITT
| rebellious striped hyena | 01/14/20 |
| Disgusting cracking wrinkle partner | 01/14/20 |
| thriller hall | 01/14/20 |
| Exhilarant gaped candlestick maker | 01/14/20 |
| thriller hall | 01/14/20 |
| Soul-stirring Tripping Mood Shitlib | 01/14/20 |
| aphrodisiac mauve shrine | 01/14/20 |
| thriller hall | 02/01/20 |
| Fluffy area | 02/01/20 |
| thriller hall | 02/02/20 |
Poast new message in this thread
Date: January 14th, 2020 3:05 AM Author: rebellious striped hyena 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) |
Date: January 14th, 2020 7:32 AM Author: Disgusting cracking wrinkle partner 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. |
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Date: January 14th, 2020 7:45 AM Author: thriller hall 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 |
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Date: January 14th, 2020 8:06 AM Author: Exhilarant gaped candlestick maker 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: thriller hall not if you never withdraw, as i do i am invested in dozens of contracts at any one time |
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Date: January 14th, 2020 8:16 AM Author: Soul-stirring Tripping Mood Shitlib 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: aphrodisiac mauve shrine (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: thriller hall The market OP was considering buying is now down to $0.85. https://www.predictit.org/markets/detail/4614 |
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Date: February 1st, 2020 12:42 PM Author: Fluffy area 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: thriller hall here you go. 3.5% return in ONE MONTH. https://www.predictit.org/markets/detail/6372 |