\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Airdrop

This dump's obsession with Predictit is retarded

...
cracking fiercely-loyal resort
  07/29/24
PredictIt is 180. It tells you in real time how people with ...
glassy school cafeteria
  07/29/24
oh the <$1k skin!
metaphysics Is gay
  07/29/24
that’s like 10% of their annual after tax income so ye...
glassy school cafeteria
  07/29/24
Oh, the opinions of poors who gamble more than they should! ...
metaphysics Is gay
  07/29/24
You can only buy $1000 of each position?
Diverse orchid clown national
  07/29/24
$800 on every contract Trump yes/no Kamala yes/no B...
aqua hyperactive space
  07/29/24
If insiders can't put big money down, it's predictive value ...
Diverse orchid clown national
  07/29/24
It’s the opposite actually. One big bet on one side sk...
glassy school cafeteria
  07/30/24
Predicit is kinda bullshit and always has been tbh. Too pron...
Bull Headed Shrine
  07/29/24
45% seems about right for Romney going into Nov 2012
glassy school cafeteria
  07/29/24
ur retarded
Nubile razzle-dazzle sandwich codepig
  07/29/24
it's probably the most accurate metric on how people feel at...
gunneratttt
  07/29/24
(statistics mastermind)
Bull Headed Shrine
  07/29/24
"trust the science!" - guy ignoring how poorly pol...
gunneratttt
  07/29/24
They were like at most 2.5% off for decades. Biden was 60...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
which indicated that two weeks ago about 60% of people thoug...
gunneratttt
  07/29/24
So we learned that 60% of polysci redditors and degenerative...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
two weeks ago you were relying on predicitit with absolute c...
gunneratttt
  07/29/24
Dems definitely picked Kamala to save face win or lose they ...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
none of that is incongruent what what ive said. prediciti...
gunneratttt
  07/29/24
and how people feel in the moment has terribly low predictiv...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
...
Microsoft Product Anomalies
  07/29/24
I disagree. I think betting markets are extremely dumb. They...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
cr it's closer to crypto or meme stocks than anything else
Bull Headed Shrine
  07/29/24
Ljl at anyone who puts stock in someone "buying Buttigi...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
that's exactly what i said -- it's a great snapshot into how...
gunneratttt
  07/29/24
Right and polls have vastly more predictive power than a sna...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
how does a poll capture how people will feel in the future m...
gunneratttt
  07/29/24
Right so sometimes it's in tune with the polling and sometim...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
No Biden has been below 40% since June and most of that time...
glassy school cafeteria
  07/29/24
He briefly shot up to like 60% a few days before it was all ...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
they remember their nerd professor’s excitement over t...
Sickened Ticket Booth Volcanic Crater
  07/29/24
so you're constantly taking advantage of mispriced markets t...
Insanely creepy hairy legs stead
  07/29/24
...
glassy school cafeteria
  07/29/24
They cap your exposure to a single contract at $850, take 10...
primrose spectacular nursing home filthpig
  07/29/24
It's Reddit level fags betting on politics
cracking fiercely-loyal resort
  07/29/24
I really like it here
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
Polymarket > predictit
Irradiated sneaky criminal corner
  07/29/24
Sup Nate how's it hangin
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
its a load of bs and no one with a brain would buy a "c...
Thriller insecure school
  07/29/24
...
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
I made like $200 off of Trumpmos in late-November 2020 who t...
Gold geriatric dog poop
  07/29/24
but the place that takes the poll numbers and then filters t...
Hairraiser sable voyeur menage
  07/29/24
...
saffron laser beams forum
  07/29/24
...
peach talking site
  07/30/24
seems like the go-to for a redditor who struggles to really ...
garnet doobsian cuck
  07/29/24
False, Nate is a YUGE Polymarket stan
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
Nate Silver pointed out that polymart or whatever has like a...
Excitant heaven
  07/29/24
Cr
Wonderful Deep Mad-dog Skullcap Main People
  07/29/24
theres like 20% in fees and you owe taxes too. obviously the...
Thriller insecure school
  07/29/24
...
violent library coldplay fan
  07/29/24
Predictit always has a con bias because most degenerate gamb...
Nubile razzle-dazzle sandwich codepig
  07/29/24
no, most degenerate gamblers are chinks. followed by shitlib...
Hairraiser sable voyeur menage
  07/30/24
It has a terrible track record and its only usefulness I can...
Frum turquoise gaping
  07/29/24
Remember when Trump was at 99c at 3am Election Night 2020?
talented address deer antler
  07/29/24
no
Insanely creepy hairy legs stead
  07/30/24
I remember it was at 92 cents and then I went to sleep.
Supple brunch
  07/30/24
No because this didn't happen.
Frum turquoise gaping
  07/30/24
It did, and then the water mane broke
talented address deer antler
  07/30/24
The red mirage?
Diverse orchid clown national
  07/30/24
Could've deleted the 3rd - 6th words
peach talking site
  07/30/24


Poast new message in this thread



Reply

Date: July 29th, 2024 12:26 PM
Author: cracking fiercely-loyal resort



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905204)



Reply

Date: July 29th, 2024 12:28 PM
Author: glassy school cafeteria

PredictIt is 180. It tells you in real time how people with skin in the game are reacting to polls and the latest news

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905207)



Reply

Date: July 29th, 2024 1:01 PM
Author: metaphysics Is gay (is gay)

oh the <$1k skin!

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905344)



Reply

Date: July 29th, 2024 1:01 PM
Author: glassy school cafeteria

that’s like 10% of their annual after tax income so yeah it’s a lot

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905345)



Reply

Date: July 29th, 2024 1:05 PM
Author: metaphysics Is gay (is gay)

Oh, the opinions of poors who gamble more than they should! Very accurate!

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905356)



Reply

Date: July 29th, 2024 1:22 PM
Author: Diverse orchid clown national

You can only buy $1000 of each position?

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905434)



Reply

Date: July 29th, 2024 1:57 PM
Author: aqua hyperactive space

$800 on every contract

Trump yes/no

Kamala yes/no

Biden yes/no

All are separate positions

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905562)



Reply

Date: July 29th, 2024 8:09 PM
Author: Diverse orchid clown national

If insiders can't put big money down, it's predictive value seems suspect.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906736)



Reply

Date: July 30th, 2024 8:16 AM
Author: glassy school cafeteria

It’s the opposite actually. One big bet on one side skews the odds significantly even though that’s just one person’s opinion. That’s why polymarket is lopsided by comparison. “Insiders” don’t know more than anyone else when it comes to who will win elections.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907950)



Reply

Date: July 29th, 2024 12:29 PM
Author: Bull Headed Shrine

Predicit is kinda bullshit and always has been tbh. Too prone to irrationality and directional bias and manipulation.

Back in 2012 Romneybots used Predicted to say "see, he has a 45% chance of winning!!" even though it was insanely obvious he was going to get stomped

KAMALA is the Romney of this election

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905215)



Reply

Date: July 29th, 2024 12:35 PM
Author: glassy school cafeteria

45% seems about right for Romney going into Nov 2012

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905244)



Reply

Date: July 29th, 2024 8:14 PM
Author: Nubile razzle-dazzle sandwich codepig

ur retarded

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906749)



Reply

Date: July 29th, 2024 12:32 PM
Author: gunneratttt (gunneratttt)

it's probably the most accurate metric on how people feel at any given moment.

polls are dumb. the sample sizes aren't huge and who is picking up unknown numbers in 2024? and there is no skin in the game.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905230)



Reply

Date: July 29th, 2024 12:36 PM
Author: Bull Headed Shrine

(statistics mastermind)

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905249)



Reply

Date: July 29th, 2024 12:41 PM
Author: gunneratttt (gunneratttt)

"trust the science!" - guy ignoring how poorly polls reflected outcomes over the last decade.



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905263)



Reply

Date: July 29th, 2024 12:48 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

They were like at most 2.5% off for decades.

Biden was 60/40 on PredictIt to be the nominee two weeks ago. Ljl.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905292)



Reply

Date: July 29th, 2024 12:54 PM
Author: gunneratttt (gunneratttt)

which indicated that two weeks ago about 60% of people thought biden would be nominee, which is likely true.

my point is that both predicit and polls reflect how people are thinking at the moment. and i think predicit often does a better job than polling. but regardless, both of them just capture how people feel at that moment. in the same way the price of stock reflects how people feel about it at any given time, not a reflection of it's intrinsic value or future performance.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905317)



Reply

Date: July 29th, 2024 12:55 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

So we learned that 60% of polysci redditors and degenerative online gamblers were REALLY wrong and unable to read the tea leaves moments before the obvious happened? Hmm wish I put more stock in what THESE IDIOTS think after all they have skin in the game!

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905324)



Reply

Date: July 29th, 2024 12:59 PM
Author: gunneratttt (gunneratttt)

two weeks ago you were relying on predicitit with absolute certainty that the dems were picking kamala to intentionally tank the election to "save face."

regardless of whether what they predicted occurred, it's a good tool to see what people think will happen in the future. i.e. what people feel at any given moment. which is what i said from the beginning. i don't think polls or predictit are particularly good at actually predicating outcomes. only predicitit even seeks to do that -- polls are expressly about taking the temperature of how people feel at any moment in time. everyone knows polls will shift over time, it's essentially guaranteed.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905336)



Reply

Date: July 29th, 2024 1:03 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Dems definitely picked Kamala to save face win or lose they look a lot more competent than they did before. I have no recollection of relying entirely on PredictIt but to the extent I referenced it it was because I don't jerk off to politicths all day and was still in the "haha holy shit" camp of bystanders like everyone else with a life.

An election forecaster like Nate Silver is by far the best we have, someone who can dig into the minutae of polls and weight them based on quality. Nate is tremendously accurate and gave Trump like a 43% chance in 2016 when the entire rest of the media said impossible. His techniques are legit and he has the right type of autism to interpret polls. He seldomly references betting markets but does not rely on them.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905351)



Reply

Date: July 29th, 2024 1:21 PM
Author: gunneratttt (gunneratttt)

none of that is incongruent what what ive said.

predicitit is a market like any other. it's good tool for seeing how people feel at any given moment.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905430)



Reply

Date: July 29th, 2024 1:30 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

and how people feel in the moment has terribly low predictive power

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905459)



Reply

Date: July 29th, 2024 9:03 PM
Author: Microsoft Product Anomalies (No Future)



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906950)



Reply

Date: July 29th, 2024 12:40 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

I disagree. I think betting markets are extremely dumb. They react to people's hysteria. Betting markets are often wildly wrong and react to people's emotions. A couple weeks ago Biden was up really high as people thought he wasn't dropping out. It turns out people are often wrong.

Another way to view betting markets is like an emotional snapshot of how people feel about the stock market less its intrinsic value. It would be like if you could somehow capture how people feel about a certain stock less what it was actually worth. To that end it's a horribly unreliable metric.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905262)



Reply

Date: July 29th, 2024 12:41 PM
Author: Bull Headed Shrine

cr it's closer to crypto or meme stocks than anything else

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905265)



Reply

Date: July 29th, 2024 12:42 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Ljl at anyone who puts stock in someone "buying Buttigieg" because they could "100x their money" having any real world predictive power.

I mean, people bet on the Jets to win the Super Bowl. Every year. It doesn't mean the Jets are going to win the Super Bowl. It's just dumb people's feelings.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905269)



Reply

Date: July 29th, 2024 12:43 PM
Author: gunneratttt (gunneratttt)

that's exactly what i said -- it's a great snapshot into how people *feel* at any given moment. probably better than polling because it captures a larger audience and people have skin in the game.

that doesn't mean it's a good predictor of what will happen in november. it is a good indicator of how people are feeling at this moment.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905272)



Reply

Date: July 29th, 2024 12:46 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Right and polls have vastly more predictive power than a snapshot of how people feel. Kamala is almost certainly overvalued in the betting market because libs are excited about her. That has no bearing on whether she will win. It's a snapshot of their excitement level. People get excited when the Jets start the season 2-2 but it doesn't MEAN anything.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905282)



Reply

Date: July 29th, 2024 12:52 PM
Author: gunneratttt (gunneratttt)

how does a poll capture how people will feel in the future more accurately than people betting on what will occur in the future? both are based on how people feel *right now*.

also, trump is about 3 cents ahead of kamala on predicitit, which is about consistent with the RCP average (trump +1.7) and latest national polls (trump +2). so both predicitit and polling seems approximately aligned at the moment.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905304)



Reply

Date: July 29th, 2024 12:54 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Right so sometimes it's in tune with the polling and sometimes it's way off. But the polls are far more consistently accurate.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905319)



Reply

Date: July 29th, 2024 1:02 PM
Author: glassy school cafeteria

No Biden has been below 40% since June and most of that time was in the 20s

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905348)



Reply

Date: July 29th, 2024 1:04 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

He briefly shot up to like 60% a few days before it was all over. It was around the time Mayor Pete went on TV and said Biden would never step down.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905354)



Reply

Date: July 29th, 2024 12:39 PM
Author: Sickened Ticket Booth Volcanic Crater

they remember their nerd professor’s excitement over the “theoretically maximal predictive power” of such a market in undergrad and naively cling to this academic trope in an attempt to signal intelligence.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905257)



Reply

Date: July 29th, 2024 12:43 PM
Author: Insanely creepy hairy legs stead

so you're constantly taking advantage of mispriced markets there, right?

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905273)



Reply

Date: July 29th, 2024 1:48 PM
Author: glassy school cafeteria



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905520)



Reply

Date: July 29th, 2024 12:44 PM
Author: primrose spectacular nursing home filthpig

They cap your exposure to a single contract at $850, take 10% of profit and charge a *5%* withdrawal fee. Plus the site crashes constantly on election night and the CFTC might shut them down. Probably not a lot of serious people wasting time with it

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905274)



Reply

Date: July 29th, 2024 12:48 PM
Author: cracking fiercely-loyal resort

It's Reddit level fags betting on politics

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905293)



Reply

Date: July 29th, 2024 12:49 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

I really like it here

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905298)



Reply

Date: July 29th, 2024 12:47 PM
Author: Irradiated sneaky criminal corner

Polymarket > predictit

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905289)



Reply

Date: July 29th, 2024 12:49 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Sup Nate how's it hangin

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905294)



Reply

Date: July 29th, 2024 12:57 PM
Author: Thriller insecure school

its a load of bs and no one with a brain would buy a "contract"

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905331)



Reply

Date: July 29th, 2024 12:58 PM
Author: Wonderful Deep Mad-dog Skullcap Main People



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905334)



Reply

Date: July 29th, 2024 6:20 PM
Author: Gold geriatric dog poop

I made like $200 off of Trumpmos in late-November 2020 who thought the audit was gonna reverse the AZ Senate result

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906394)



Reply

Date: July 29th, 2024 1:32 PM
Author: Hairraiser sable voyeur menage

but the place that takes the poll numbers and then filters them through a bunch of gambling addicts gives us the least bad numbers for kamala, so we like it.



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47905463)



Reply

Date: July 29th, 2024 5:21 PM
Author: saffron laser beams forum



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906173)



Reply

Date: July 30th, 2024 1:51 AM
Author: peach talking site



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907640)



Reply

Date: July 29th, 2024 5:06 PM
Author: garnet doobsian cuck

seems like the go-to for a redditor who struggles to really "get" Nate Silver's analysis

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906103)



Reply

Date: July 29th, 2024 5:08 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

False, Nate is a YUGE Polymarket stan

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906112)



Reply

Date: July 29th, 2024 6:13 PM
Author: Excitant heaven

Nate Silver pointed out that polymart or whatever has like a 20 point difference in presidential odds than predictit.

That in itself shows it can't be taken seriously. There obviously isn't any smart money associated with it otherwise those gaps would be filled right away

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906378)



Reply

Date: July 29th, 2024 6:30 PM
Author: Wonderful Deep Mad-dog Skullcap Main People

Cr

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906413)



Reply

Date: July 29th, 2024 7:24 PM
Author: Thriller insecure school

theres like 20% in fees and you owe taxes too. obviously theres no smart money involved.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906514)



Reply

Date: July 29th, 2024 7:27 PM
Author: violent library coldplay fan



(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906527)



Reply

Date: July 29th, 2024 8:14 PM
Author: Nubile razzle-dazzle sandwich codepig

Predictit always has a con bias because most degenerate gamblers are also conservatives.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906752)



Reply

Date: July 30th, 2024 1:34 AM
Author: Hairraiser sable voyeur menage

no, most degenerate gamblers are chinks. followed by shitlib white men.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907638)



Reply

Date: July 29th, 2024 8:16 PM
Author: Frum turquoise gaping

It has a terrible track record and its only usefulness I can see is its speed (a development will affect contract prices immediately, whereas polling takes a week or so to catch up).

So I guess if you're aware something happened but don't want to take the time to learn about it yourself and develop a judgment that's better than the HERD OF RETARDS on predictit, but you need to know how it'll affect a race, you can go to predictit to see what the plugged-in-moron brigade is thinking.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906755)



Reply

Date: July 29th, 2024 8:16 PM
Author: talented address deer antler

Remember when Trump was at 99c at 3am Election Night 2020?

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47906756)



Reply

Date: July 30th, 2024 12:53 AM
Author: Insanely creepy hairy legs stead

no

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907592)



Reply

Date: July 30th, 2024 1:03 AM
Author: Supple brunch

I remember it was at 92 cents and then I went to sleep.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907608)



Reply

Date: July 30th, 2024 1:04 AM
Author: Frum turquoise gaping

No because this didn't happen.

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907609)



Reply

Date: July 30th, 2024 4:42 AM
Author: talented address deer antler

It did, and then the water mane broke

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907723)



Reply

Date: July 30th, 2024 7:13 AM
Author: Diverse orchid clown national

The red mirage?

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907856)



Reply

Date: July 30th, 2024 2:01 AM
Author: peach talking site

Could've deleted the 3rd - 6th words

(https://xoxohth.com/thread.php?thread_id=5566256&forum_id=2#47907650)