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Rand Paul debate market still bouncing around in the 50/50 range, get in while you can.
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Jan 25, 2016 01:05
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I bought like 10 shares of it when it was at 0.10 on a lark I regret not getting 100 of it or something
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Jan 25, 2016 01:15
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and gently caress everything there's no good penny stocks right now, everything is at like 70/30% at best, no long shots to be seen I wish PredictIt had more frequent new markets only 99/1 market right now is Bush out before Iowa and there's no loving way he's out before Iowa so I'm not wasting my $1
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Jan 25, 2016 01:16
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Gibberish posted:I wish PredictIt had more frequent new markets
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Jan 25, 2016 01:20
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once we get closer to iowa it's gonna be more fun but i just hate the waiting caucus season should be profitable tho
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Jan 25, 2016 01:30
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So just how much cash have some of you dumped into this? I've deposited a grand total of 70 bucks at this point into a couple fairly sure bet markets. I'm too poor to be gambling, really.
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Jan 25, 2016 01:46
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invested $40 once and turned it into around $250 after a few weeks in fact if you run out of money from your first initial deposit you should probably not us this site
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Jan 25, 2016 01:50
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I've turned $200 into $275 over four months, which sounds like the worst return in the entire thread
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Jan 25, 2016 01:52
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I haven't dropped below my initial deposits, even during my worst week.
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Jan 25, 2016 01:58
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More than I care to admit.
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Jan 25, 2016 02:06
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not sure why this was ever as low as it was but i'll take the free $25
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Jan 25, 2016 02:06
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Gibberish posted:not sure why this was ever as low as it was but i'll take the free $25 Winner winner chicken dinner
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Jan 25, 2016 02:10
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Honestly I should just dump all my money into that but I'd save money for some YES buy orders on the obama weekly market since it's most fun market to play on the site
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Jan 25, 2016 02:16
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Gibberish posted:Honestly I should just dump all my money into that but I'd save money for some YES buy orders on the obama weekly market since it's most fun market to play on the site That's the main spot I lost money on last week ouch!
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Jan 25, 2016 02:23
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I've deposited ~$1,000 and my total balance is now at $1,300. I think I'm probably one of the most conservative betters in this thread and a 30% return is pretty drat good. I should note that ~$750 was originally tied up in arbitrating the RNOM market but that paid out super early with the market linking so now I've just been using volume to vacuum up sure bets.
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Jan 25, 2016 02:28
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Garrand posted:So just how much cash have some of you dumped into this? I've deposited a grand total of 70 bucks at this point into a couple fairly sure bet markets. I'm too poor to be gambling, really. I'm in 330, down 40, up 60 if Hillary wins Iowa. (down 140 if she loses) I'm doing it stupid and actually waiting for payouts though. I should be reading the markets like most of the successful posters itt, and will begin doing so after the Iowa caucuses.
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Jan 25, 2016 02:30
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I turned $500 into $220 in my first month on some disastrous bets. I lost about $125 on Carly and got burned in the Obama markets. I'm now at $680, mostly by not making huge individual bets and not having anymore huge losses. I'd be rich now if I'd figured out how to do that sooner.
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Jan 25, 2016 02:38
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I deposited $70, went down to $25 at my lowest. Highest worth was $240, I'm at $210 right now. Big winners were Greek rejection of their referendum, McCarthy Speaker, Biden Run and Rahm Resign. Oh yeah, also Rajoy NO. Biggest losers were Greek pullout of the EU and this stupid loving Jeb Dropout before Iowa market goddamn i say swears online has issued a correction as of 02:47 on Jan 25, 2016 |
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Jan 25, 2016 02:39
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Oh I forgot about this market, free money: https://www.predictit.org/Contract/1792/Will-a-federal-criminal-charge-be-filed-against-Hillary-Clinton-in-2016
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Jan 25, 2016 02:48
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Necc0 posted:I've deposited ~$1,000 and my total balance is now at $1,300. I think I'm probably one of the most conservative betters in this thread and a 30% return is pretty drat good. I put in about 800 and am at about 1500 with lots in Hillary winning the nom (not Iowa, Dem Nom overall). Do we need to report this to the IRS?
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Jan 25, 2016 02:53
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JosefStalinator posted:I put in about 800 and am at about 1500 with lots in Hillary winning the nom (not Iowa, Dem Nom overall). Do we need to report this to the IRS? If you make $600 (taking into effect the 5% withdrawal fee) or more they will report it for you and send you a form W2-G.
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Jan 25, 2016 02:57
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a cop posted:I'm in 330, down 40, up 60 if Hillary wins Iowa. (down 140 if she loses) Iowa is fairly uncertain to be betting on the outcome like that. New Hamshire sanders is a safe bet, so is trump in most early states. The polling markets like approval percentage are pretty volatile which is good for making cash but they are risky. Good luck even though I want sanders to win iowa
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Jan 25, 2016 02:58
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Necc0 posted:Oh I forgot about this market, free money: https://www.predictit.org/Contract/1792/Will-a-federal-criminal-charge-be-filed-against-Hillary-Clinton-in-2016 That's a safe one but the time frame is just so long. If I were gonna put money on this I would put a buy offer for yes a low price and then just wait for some stupid news story to spike the market and flip it
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Jan 25, 2016 03:00
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Commie NedFlanders posted:Iowa is fairly uncertain to be betting on the outcome like that. New Hamshire sanders is a safe bet, so is trump in most early states. Yeah, I like the rush, but it's definitely a stupid bet compared to be what I could be doing.
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Jan 25, 2016 03:02
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 Still haven't gotten my 1099 from them. Curious as to what they peg me at. Thinking I can clean up at least 10% in all the certain primary markets basically. If I can do that, its better returns that anything I've been able to get so far. There really is so many easy opportunities here its not even funny.
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Jan 25, 2016 03:03
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My strategy is to go through the different markets that are susceptible to media hypes, like that one, and buy a small handful of shares just so it's easier to keep an eye on. Every couple days I compare my purchase price to the market price and if I notice any huge swings I act on it. It's easier this way because sometimes the AM crowd works themselves into a frothing frenzy in their own bubble due to no outside stimulus. I really don't like putting in purchase orders due to the risk of poo poo going sideways. I've seen too many people get burned by that.
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Jan 25, 2016 03:04
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watwat posted:
drat. Please post every buy so I can mimic you and make like 10% less tia.
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Jan 25, 2016 03:06
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My job keeps me away from a computer for 8 hours a day so sadly I can't take advantage of those market swings.
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Jan 25, 2016 03:07
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Oh poo poo they just opened up an API yesterday: https://predictit.freshdesk.com/support/solutions/articles/12000001878-does-predictit-make-market-data-available-via-an-api- Think I might start working on my automatic arbitrage bot again watwat posted:
Typically for investments & gambling it's only based on your final profit / loss. Your shares that are still 'live' won't count for tax reporting purposes. Only when you convert it back into real money.
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Jan 25, 2016 03:09
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Garrand posted:My job keeps me away from a computer for 8 hours a day so sadly I can't take advantage of those market swings. Dude that's probably even better for you, just put in your buy and sell offers and wait for returns. It's way easier to lose money during emotional market swings in the heat of the moment
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Jan 25, 2016 03:42
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a cop posted:drat. Please post every buy so I can mimic you and make like 10% less tia. Stock market gurus charge a fee for this kind of service
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Jan 25, 2016 03:43
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The Bloomberg run market is up!
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Jan 25, 2016 04:03
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  BIDEN.RUN is back baby!!  
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Jan 25, 2016 04:20
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Necc0 posted:
84c is way too high to be celebrating.
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Jan 25, 2016 04:56
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I think Ted Cruz for 2nd place in NH is very undervalued considering the last two polls and the rcp average have him in second http://www.realclearpolitics.com/epolls/2016/president/nh/new_hampshire_republican_presidential_primary-3350.html
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Jan 25, 2016 05:03
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has bloomberg actually ever SAID anything about running? Per the rules, the FEC filing is the same requirement as the Webb market, right? If he actually IS exploring a run, submitting the filing isn't a huge deal - e.g. the top article on Webb's campaign site from a couple weeks ago starts with "While no firm decision has been made about a run..." even though he submitted the filing shortly after leaving the Dem primary
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Jan 25, 2016 05:16
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EngineerSean posted:84c is way too high to be celebrating. Just wait I got a feeling about this. This thing's gonna get volatile. thethreeman posted:has bloomberg actually ever SAID anything about running? No but there's a media hype frenzy and that's all we need Necc0 has issued a correction as of 05:46 on Jan 25, 2016 |
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Jan 25, 2016 05:36
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Necc0 posted:Oh I forgot about this market, free money: https://www.predictit.org/Contract/1792/Will-a-federal-criminal-charge-be-filed-against-Hillary-Clinton-in-2016 Oh this is great. thanks!
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Jan 25, 2016 05:39
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I'm not understanding what I'm seeing here. Can someone explain?
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Jan 25, 2016 07:24
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FourLeaf posted:I'm not understanding what I'm seeing here. Can someone explain? He owns $704 of Bernie YES and $850 of Hillary NO in New Hampshire. His expected payout if he's right is $2,123, meaning he gets a profit of 2123 - (704+850) = $569, or 37%. i think
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Jan 25, 2016 07:46
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