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PREDICTITmos, come ITT

How does their payout structure work? Can you make any money...
\'\"\"\'\"\'\'\'\"\'\"
  01/14/20
Max bet is $850 and PredictIt takes like a 10% cut of all yo...
Krampusnacht
  01/14/20
Max bet is $850 per contract. PI takes 10% of any PROFIT yo...
CLS guide assuring 0Ls Morningside Heights is safe
  01/14/20
wow that sounds incredibly pointless then
TRUMP rulez
  01/14/20
not if you never withdraw, as i do i am invested in dozens...
CLS guide assuring 0Ls Morningside Heights is safe
  01/14/20
Lmao
donny (retired)
  01/14/20
...
Johnsmeyer
  01/14/20


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Date: January 14th, 2020 3:05 AM
Author: \'\"\"\'\"\'\'\'\"\'\"

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: Krampusnacht

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: CLS guide assuring 0Ls Morningside Heights is safe

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: TRUMP rulez

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: CLS guide assuring 0Ls Morningside Heights is safe

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: donny (retired) (donny)

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: Johnsmeyer



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